Bitcoin Yield Farming pSTAKE, Launches Staking Season 2

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pSTAKE Finance, a Bitcoin liquid staking protocol, announced on the 16th that it has launched $PSTAKE Staking Season 2 following a revamp of its tokenomics.

pSTAKE is a Bitcoin yield & liquid staking protocol supported by Binance Labs, focusing on providing the highest returns through Babylon Bitcoin Staking and simplifying user experience. As of the 16th, it has attracted 229BTC (approximately 34.2 billion KRW) in funds, offering profit benefits to existing users.

Staking with pSTAKE can be conducted using the Superbridge dApp on the Base Chain. Base Chain is an Ethereum Layer 2 developed by Coinbase, characterized by fast transactions and low fees through traffic distribution.

pSTAKE has enhanced its security through collaboration with leading blockchain security firms such as Halborn, Hexens, Oak Security, Immunefi, and Forta, and is supported by renowned investors including Binance Labs, DeFinance Capital, Spartan Group, Coinbase Ventures, and Kraken Ventures.