What is PSTAKE

Learned by 1.8k usersPublished on 2024.03.29Last updated on 2025.02.24

RM0.22

-0.19%

  • Last PriceRM0.22
  • Turnover (24h)RM5.62M
  • All-Time HighRM5.12
  • Total Supply500M
  • Fully Diluted Market CapRM110.77M
  • Ranking1024
  • Market CapRM110.77M
  • All-Time LowRM0.04
  • Circulating Supply500M

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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1. Project Introduction
pSTAKE Finance is a Bitcoin yield and liquid staking protocol backed by Binance Labs. The protocol partners with leading blockchain security firms such as Halborn, Hexens, Oak Security, Immunefi, and Forta to provide a secure suite of liquid staking products.
2. Team & Investment Info
Team:
Tushar Aggarwal – Founder & CEO, also the founder of Persistence; previously worked at LuneX Ventures and YourStory Media.
Mikhil Pandey – Co-founder.
Marc Puig Torres – CTO, formerly worked at Figment and Amazon.
Funding:
May 2022: Received strategic investment from Binance Labs (amount undisclosed).
November 2021: Secured $10 million in a strategic funding round led by Three Arrows Capital, Galaxy Digital, Sequoia Capital India, and DeFiance Capital, with participation from Coinbase Ventures, Tendermint Ventures, Kraken Ventures, Alameda Research, Sino Global Capital, Spartan Group, and angel investors from Aave, Terra, and Alpha Finance.
3. Social Media URLs
X: https://x.com/pStakeFinance
Telegram: https://t.me/pstakefinancechat
Discord: https://discord.pstake.finance/
Blog: https://blog.pstake.finance/
4. Token Info
Token Symbol: PSTAKE
Total Supply: 500,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: https://etherscan.io/token/0xfB5c6815cA3AC72Ce9F5006869AE67f18bF77006
Token Distribution:
Incentives & Community Development – 26% (Quarterly unlock over 24 months).
Seed Sale – 20% (6-month lock-up, linear unlock over 12 months).
Treasury – 20% (24-month unlock).
Team – 16% (18-month lock-up, linear unlock over 18 months).
Retroactive Rewards – 6% (Linear unlock over 6 months).
Public Sale – 5% (25% unlocked at TGE, linear unlock over 6 months).
XPRT Stakers – 3% (Linear unlock over 12 months).
Alpha Launchpad – 2% (Fully unlocked at TGE).
Protocol Bootstrapping – 2% (Fully unlocked at TGE).
5. Related Links
Official Website: https://pstake.finance/
Docs: https://docs.pstake.finance/
LinkedIn: https://www.linkedin.com/company/pstake/
Other Info: https://www.rootdata.com/Projects/detail/pSTAKE%20Finance?k=ODc4

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How to Buy PSTAKE

Welcome to HTX.com! We've made purchasing pSTAKE Finance (PSTAKE) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy pSTAKE Finance (PSTAKE) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your pSTAKE Finance (PSTAKE)After purchasing your pSTAKE Finance (PSTAKE), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade pSTAKE Finance (PSTAKE)Easily trade pSTAKE Finance (PSTAKE) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

778 Total ViewsPublished 2024.03.29Updated 2025.03.21

What is PSTAKE

1. Project IntroductionpSTAKE Finance is a Bitcoin yield and liquid staking protocol backed by Binance Labs. The protocol partners with leading blockchain security firms such as Halborn, Hexens, Oak Security, Immunefi, and Forta to provide a secure suite of liquid staking products.2. Team & Investment InfoTeam:Tushar Aggarwal – Founder & CEO, also the founder of Persistence; previously worked at LuneX Ventures and YourStory Media.Mikhil Pandey – Co-founder.Marc Puig Torres – CTO, formerly worked at Figment and Amazon.Funding:May 2022: Received strategic investment from Binance Labs (amount undisclosed).November 2021: Secured $10 million in a strategic funding round led by Three Arrows Capital, Galaxy Digital, Sequoia Capital India, and DeFiance Capital, with participation from Coinbase Ventures, Tendermint Ventures, Kraken Ventures, Alameda Research, Sino Global Capital, Spartan Group, and angel investors from Aave, Terra, and Alpha Finance.3. Social Media URLsX: https://x.com/pStakeFinanceTelegram: https://t.me/pstakefinancechatDiscord: https://discord.pstake.finance/Blog: https://blog.pstake.finance/4. Token InfoToken Symbol: PSTAKETotal Supply: 500,000,000Token Type: ERC-20Issuance/Burn Mechanism: Fixed supplyContract Address: https://etherscan.io/token/0xfB5c6815cA3AC72Ce9F5006869AE67f18bF77006Token Distribution:Incentives & Community Development – 26% (Quarterly unlock over 24 months).Seed Sale – 20% (6-month lock-up, linear unlock over 12 months).Treasury – 20% (24-month unlock).Team – 16% (18-month lock-up, linear unlock over 18 months).Retroactive Rewards – 6% (Linear unlock over 6 months).Public Sale – 5% (25% unlocked at TGE, linear unlock over 6 months).XPRT Stakers – 3% (Linear unlock over 12 months).Alpha Launchpad – 2% (Fully unlocked at TGE).Protocol Bootstrapping – 2% (Fully unlocked at TGE).5. Related LinksOfficial Website: https://pstake.finance/Docs: https://docs.pstake.finance/LinkedIn: https://www.linkedin.com/company/pstake/Other Info: https://www.rootdata.com/Projects/detail/pSTAKE%20Finance?k=ODc4

1.8k Total ViewsPublished 2024.03.29Updated 2025.02.24

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