Description
pSTAKE is a liquid staking protocol unlocking the liquidity of staked 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 1:1 pegged staked representative tokens (stkTOKENs) which can be used in DeFi to generate additional yield (yield on top of staking rewards).
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, pSTAKE Staked ETH has established itself as a formidable player. It is currently ranked #23,635 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in pSTAKE Staked ETH as a viable digital asset.
Tokenomics
The tokenomics of pSTAKE Staked ETH consist of a total supply of 64 tokens, out of which 54 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.
Wallet Support
In order to securely store your pSTAKE Staked ETH tokens, you can use a variety of wallets such as MetaMask, Trust Wallet, MyEtherWallet, Ledger, Trezor. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.
Popular Exchanges
To buy, sell, or trade pSTAKE Staked ETH, you can use various popular exchanges such as ArkenSwap. These platforms offer a seamless experience and allow you to manage your investments in pSTAKE Staked ETH with ease. Always remember to conduct thorough research before choosing an exchange, as the security and reliability of the platform are crucial for your digitalassets.