pSTAKE Forms Partnership with MyCointainer to Integrate BNB Staking

Avatar photo
Learn more about how our partnership with MyCointainer will help bring increased adoptions to both platforms and our stkBNB solution.

We’re pleased to announce our latest partnership with MyCointainer, bringing our BNB staking solution to their platform and extending its reach to the broader community and token holders.

MyCointainer’s staking platform provides users with an easy-to-use interface to quickly and efficiently stake their BNB, creating a truly seamless experience to get started with the staking process and begin earning rewards, powered by pSTAKE.

Learn more below about our collaboration and how we’re advancing BNB staking below.

BNB Staking

Users interacting with the MyCointainer website or mobile app can deposit their native BNB tokens and immediately begin earning auto-compounded staking rewards (~5.2%) through pSTAKE’s mechanism while simultaneously minting stkBNB, our liquid-staked representation of BNB.

There are no minimum or maximum amounts of BNB required to start staking on MyCointainer’s platform and your BNB tokens can be redeemed (unstaked) at any time without the restriction of an unbonding period. 

Via pSTAKE’s BNB Chain DeFi integrations, BNB stakers on MyCointainer will benefit from additional opportunities to earn yield and rewards, adding extra utility to the BNB staking process.

BNB can be purchased and traded on MyCointainer’s exchange, making it easy to receive the tokens in your wallet and begin your staking journey with pSTAKE.

Start Staking Today

The BNB staking integration on MyCointainer is now live and users can begin depositing their assets to earn high yields. 

pSTAKE is excited to be working with the MyCointainer team to onboard more users to BNB staking and the broader BNB Chain ecosystem while bringing further attention to liquid staking as a whole. 

Stay tuned for much more to come.

About MyCointainer

MyCointainer is a staking and earning platform that provides a wide array of opportunities for users to leverage their digital assets and earn rewards, such as staking, swapping, airdrops and giveaways, shopping, and more. The platform aims to enable easy access to various rewarding crypto mechanisms for all, allowing everyone to equally benefit from a changing financial landscape and speed up the global advent of crypto adoption.

Twitter | Telegram | Discord | Instagram | Facebook

About pSTAKE

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.

Join Our Movement
Twitter | LinkedIn | Telegram | YouTube | Reddit | [email protected]

Total
0
Shares
Previous Post

A Letter to the Cosmos Community: From pSTAKE

Next Post

The State of ATOM Staking: September 2022 Report

Related Posts