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Pstake finance (pstake), a liquid staking protocol, has exploded in value, gaining over 117% in just 24 hours We would like to show you a description here but the site won’t allow us. The spike came as bitcoin climbed back above $107,000, reigniting bullish momentum across the broader crypto market

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At its peak, pstake touched $0.072 — a level last seen in december. As a result, $pstake staking is now live with a simple premise View live pstake charts, market cap, trading volume, and latest news.

$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”