About pSTAKE Finance
pSTAKE Finance is a liquid staking solution that unlocks the potential of staked PoS assets (e.g. ATOM). PoS token holders can deposit their tokens on the pSTAKE application to mint 1:1 pegged ERC-20 wrapped unstaked tokens, which are represented as pTOKENs (e.g. pATOM) that can then be transferred to other wallets or smart contracts on the Ethereum network to generate additional yield.
pSTAKE Finance Airdrop is airdropping “PSTAKE” the governance and fee-sharing token of the pSTAKE protocol to various ecosystem users. A snapshot of ATOM and XPRT stakers was taken on September 2nd, 2021 at 12:00 HRS UTC, a snapshot of early pSTAKE users such as stkATOM users were taken on September 2nd, 2021 at 12PM UTC and stkXPRT users were taken on October 31st, 2021 at 12PM UTC and for OSMO stakers it was taken on February 2nd, 2022 at 12PM UTC. A total of 6% of the total PSTAKE genesis supply will be distributed to eligible users.
| Basic | Details |
|---|---|
| Token Name | pSTAKE Finance |
| Platform | Cosmos |
| Airdrop Start | 2021-09-02 |
| Support | 24/7 |
| KYC | KYC Is Not requirement |
| Whitepaper | Click Here To View |
| Max. Participants | Unlimited |
| Collect Airdrop | Click Here To Collect Free Airdrop |
How To Join Age Of pSTAKE Finance
First Step
Visit the pSTAKE airdrop claim page.
Second step
Submit your ETH or Cosmos wallet address.
Third Step
If you’re eligible, then create a Persistence address. You can see this video for more info.
Fourth Step
The snapshot of ATOM and XPRT stakers was taken on September 2nd, 2021 at 12:00 HRS UTC, a snapshot of early pSTAKE users such as stkATOM users were taken on September 2nd, 2021 at 12PM UTC and stkXPRT users were taken on October 31st, 2021 at 12PM UTC and for OSMO stakers it was taken on February 2nd, 2022 at 12PM UTC.
Fifth Step
Now submit your address by signing a TX using Keplr/MetaMask.
Six Step
Eligible users are:
Early pSTAKE users with at least 10 stkATOM at the time of the snapshot.
ATOM holders and stakers with at least 100 ATOM in their wallets at the time of the snapshot.
XPRT holders and stakers with at least 100 XPRT in their wallets at the time of the snapshot.
OSMO stakers with at least 750 OSMO in their wallets at the time of the snapshot. The OOSMO
Curve Finance, and Aave users.
Cosmos (ATOM) stakers who participated in their Cosmos StakeDrop campaign.
Seven Step
The airdrop tokens are vested over 6 months and released monthly, with the first distribution taking place on February 24th, 2022.
Eight Step
All airdrop tokens will be distributed directly on the Persistence Core-1 chain. Eligible airdrop recipients will need to create and submit a Persistence wallet address (except for StakeDrop participants and XPRT stakers).
Nine Step
For more information regarding the airdrop, see this article.
Liquid Staking Is The New Staking
pSTAKE Finance Airdrop Building an economy around Liquid Proof-of-Stake assets Persistence is a Tendermint/Cosmos-based Layer-1 network powering an ecosystem of DeFi products aimed at making liquid staked assets the default assets of the the PoS economy. The rapid growth of the PoS space has positioned liquid staking industry at the inflection point.
The Persistence Ecosystem
Join the growing number of users and builders of the Persistence ecosystem and help make Liquid staked assets the default assets of the PoS economy.
Liquid Staking
- Issue Liquid Staked (stkASSETs) on the Persistence Network via pSTAKE.
- All Cosmos/Tendermint-based (IBC enabled) assets could be liquid staked as stkASSETs issued on the Persistence Network
DeFi for Liquid Staking
- Explore DeFi opportunities for stkASSETs within the Persistence ecosystem
- Borrowing/Lending
- DEXes
- Have Interesting Ideas? Apply for a Grant
The Persistence Network
pSTAKE Finance Airdrop suite of applications built within the ecosystem is powered by a robust and scalable architecture of the Persistence network.
Technology
Persistence is an interoperable protocol that provides developers with the ability to build applications that are either sovereign, modular or built on top of Persistence’s CosmWasm layer.
Build App-chains within the Persistence Ecosystem that are interoperable with the Cosmos/IBC ecosystem and route IBC assets through Persistence Core-1 chain.
pSTAKE Finance Airdrop Build Modular Apps directly on top of the Core-1 chain, using components of the Persistence architecture as plug-and-play interfaces.
Build high-performance and easily upgradable Smart Contract Apps on Persistence chain with the integration of CosmWasm.
The Fuel for the Persistence Ecosystem
XPRT is the native token of the Persistence Network that sits at the absolute centre of the ecosystem deriving significant value as the ecosystem grows.
