The spike came as bitcoin climbed back above $107,000, reigniting bullish momentum across the broader crypto market As a result, $pstake staking is now live with a simple premise At its peak, pstake touched $0.072 — a level last seen in december.
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$pstake governance has the final say in key protocol decisions, such as launching new lsts, incentivizing pstake lsts, protocol fees, decentralized stake delegation mechanism selection, revenue share, and more.
Pstake is a liquid staking protocol designed for pos technology, primarily to enhance the convenience and security of token staking Users can earn staking rewards while participating in defi activities The protocol is developed by the persistence one team The pstake community has passed the governance proposal to “launch token utility mechanism to stake $pstake and earn $btc”