pSTAKE Finance launches Bitcoin liquidity staking solution
PANews reported on May 15 that according to Cointelegraph, pSTAKE Finance, supported by Binance Labs, launched a Bitcoin liquidity staking solution. pSTAKE Finance’s solution is built on Babylon’s Bitcoin staking protocol and is designed to simplify the Bitcoin staking process and provide additional yield generation opportunities for Bitcoin. The launch of the liquidity staking solution marks pSTAKE’s first foray into Bitcoin-native DeFi after spending the past three years building a liquidity staking protocol on Cosmos.
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