pSTAKE is excited to announce that it now supports Bitget Wallet in its Bitcoin Liquid Staking solution.
With Bitget now supported by pSTAKE, users can effortlessly connect their Bitget wallets to the pSTAKE dashboard. This allows them to deposit BTC and start earning a yield on their Bitcoin holdings while maintaining ownership of their liquidity.
That’s right. You can now deposit BTC straight into the pSTAKE BTC Liquid Staking solution from the Bitget Wallet to start generating a yield on your holdings.
pSTAKE Integrates Bitget to Bring BTC Yields to Holders
pSTAKE is proud to introduce Bitget as one of its supported wallets for its groundbreaking BTC Liquid Staking solution.
Bitget Wallet describes itself as “Your Web3 Trading Wallet of the Future.” The multi-chain wallet supports over 100 ecosystems and more than 250,000 cryptocurrencies. Through its infrastructure, the platform has facilitated more than $8 billion in swaps and is used by over 20 million users in 168 countries.
The Web3-focused wallet allows its users to experience 20,000+ cutting-edge dApps, with pSTAKE Finance being its latest addition. With pSTAKE now supporting Bitget Wallet, users can easily connect the wallet to the pSTAKE dashboard and deposit BTC, all in a user-friendly manner that ensures a seamless experience.
pSTAKE Set to Bring BTC Yields to Hodlers
pSTAKE is on a mission to bring yields to BTC hodlers. The project has created an industry-shifting BTC Liquid Staking solution that allows holders to deposit their idle assets to generate a yield.
The liquid staking solution is groundbreaking as it can turn BTC’s value proposition from a simple store of value to a yield-generating asset. Best of all, depositors retain the liquidity of their BTC when depositing through the pSTAKE dashboard.
With V1 of the BTC liquid staking protocol live, users can now deposit BTC through the pSTAKE dashboard using the Bitget wallet, readying their BTC to earn yield in the coming weeks.
The first source of yield for BTC holders will come through a collaboration between pSTAKE and Babylon Finance, a security-sharing protocol. Babylon has devised a route to turn BTC into a slashable asset, allowing it to be used as economic security on proof-of-stake protocols. Once staked, the BTC generates a yield for depositors, which will be transferred back to users through the yield-generating yBTC token in upcoming versions of the pSTAKE Liquid Staking solution.
In addition, depositors will instantly start building pSats points for the upcoming SatsDrop campaign run by pSTAKE, accumulating pSats according to BTC deposit sizes.
About pSTAKE Finance:
pSTAKE Finance is a Bitcoin Yield and Liquid Staking protocol, backed by Binance Labs.
With pSTAKE Finance, users can liquid stake BTC to get rewards from Babylon’s Trustless BTC staking for securing other app chains while maintaining their liquidity, powered by institutional custody providers like Cobo.
Accessing Bitcoin yields should not be complex, risky, or unsafe. With four years of liquid staking expertise and expert-curated yield strategies, pSTAKE Finance helps individuals and institutions put their BTC to work in BTCfi.
pSTAKE Finance has partnered with leading blockchain security firms, such as Halborn, Hexens, Oak Security, Immunefi, Forta, and more, to offer a secure liquid staking product suite.
PSTAKE is the governance and incentivization token of the pSTAKE Finance protocol. It has some of the most prominent investors, including Binance Labs, DeFiance Capital, Spartan Group, Coinbase Ventures, and Kraken Ventures.
