PSTAKE Finance (PSTAKE) is now listed in the Crypto.com App, joining the growing list of 250+ supported cryptocurrencies and stablecoins, including Bitcoin (BTC), Ether (ETH), Polkadot (mDOT), Chainlink (LINK), VeChain (VET), USD Coin (USDC), and Cronos (CRO).
PSTAKE is a liquid staking protocol that unlocks the true potential of staked PoS assets. Stakers of PoS tokens can now stake their assets while maintaining the liquidity of these assets. On staking with pSTAKE, users earn staking rewards and also receive staked representative tokens (stkASSETs) which can be used in DeFi to generate additional yield. PSTAKE is the governance and incentivization token of the PSTAKE protocol. It is an ERC-20 token and powers the protocol’s ecosystem, committed to providing a superior staking experience to its users, and all community members are encouraged to participate in protocol governance in order to ensure long-term success of the protocol and the ecosystem at large.
Crypto.com App users can now purchase PSTAKE at true cost with USD, EUR, GBP, and 20+ fiat currencies, and spend it at over 80 million merchants globally using the Crypto.com Visa Card.