pSTAKE LSD

pSTAKE Finance is a multichain liquid staking protocol for BNB Chain, Solana, Cosmos, and beyond, backed by Binance Labs. Users can securely stake the biggest crypto assets and receive liquid staked tokens (LSTs) called stkTokens that can be used in DeFi to generate additional yi

## Overview pSTAKE Finance operates as a multichain liquid staking protocol designed to address a fundamental problem in cryptocurrency staking: capital lock-up. When users stake assets like BNB, SOL, or ATOM on traditional proof-of-stake networks, their tokens are immobilized and cannot be deployed elsewhere. pSTAKE solves this by allowing users to stake their assets and receive liquid staked tokens (stkTokens) in return. These stkTokens represent ownership of staked assets while remaining fully liquid and tradeable. Users can then deploy stkTokens across decentralized finance (DeFi) protocol