pSTAKE has partnered with Coin98 Wallet to integrate the stkBNB token, broadening its utility and bringing it to the platform’s massive user base.
Coin98 Wallet is a multi-chain, non-custodial wallet with a seamless and smooth UI/UX designed for DeFi (decentralized finance). With 500,000+ downloads, 400,000+ users, 2M+ transactions, and compatibility with 26 different blockchains, it continues to cement itself as one of the industry’s top wallet providers.
Learn more about what this means for stkBNB below.
Bringing More to stkBNB
This stkBNB integration will create a much smoother and richer user experience for both pSTAKE and Coin98 users, allowing its members to seamlessly connect to popular BNB Chain dApps (decentralised applications) and utilise their stkBNB.
stkBNB has also been listed on Coin98 Wallet’s app, providing easy access to pSTAKE’s BNB liquid staking interface.
We chose to partner with Coin98 Wallet because of several reasons. For one, its top-notch security features, such as FaceID and Touch ID, allow users to safely protect their digital assets. Swapping is also easy through its app interface and it’s compatible with leading DEXs (decentralised exchanges) and dApps across multiple blockchains.
Coin98 Wallet also has an “X-Point” reward system unique to its platform, letting users earn points by executing specific tasks that can be redeemable for gifts within its store.
With so many lucrative features and use cases, we’re excited for our continued partnership with Coin98 Wallet can bring to stkBNB.
About Coin98 Wallet
Coin98 Wallet is the #1 non-custodial, multi-chain NFT & cryptocurrency wallet and DeFi gateway, designed to seamlessly connect users to the crypto world in a safe and secure manner.
pSTAKE is a liquid staking protocol that unlocks liquidity for your staked assets. With pSTAKE, you can securely stake your Proof-of-Stake (PoS) assets, participate in protocol improvements and security to earn staking rewards, and receive staked underlying representative tokens (stkASSETs) which can be used to explore additional yield opportunities across DeFi.
At present, pSTAKE supports Binance Chain (BNB), Cosmos (ATOM), Persistence (XPRT), and Ethereum (ETH) networks’ native tokens, with a view to support more chains and assets in the future (SOL, and AVAX).
Developed by Persistence
Persistence is a Tendermint-based, specialised Layer-1 network powering an ecosystem of DeFi applications focused on unlocking the liquidity of staked assets. Persistence facilitates the issuance and deployment of liquid-staked stkASSETs, allowing users to earn staking rewards while participating in DeFi primitives, such as lending/borrowing and liquidity provisioning on DEXs.
Persistence aims to offer a seamless staking and DeFi experience for PoS (Proof-of-Stake) users and enable developers to build innovative applications around stkASSETs.