~/talk

Liquid Staking and PStake

Talkat Cosmoverse 2021 · 2021-10-01..10-02· [smart-contracts, blockchain]
slides:none on file

Protocol-level liquid staking platform PSTAKE issues wrapped tokens (pATOM) plus a staking-reward token (stkATOM) using a two-token model that mirrors the on‑chain staking module, routes staked Cosmos assets through a pBridge multi-function bridge to Ethereum, and farms pools on SushiSwap. Validators (StakeFish, Figment, Cosmostation, Everstake, AuditOne) share stakes. ATOM and XPRT are live, ~$30M locked in one month; roadmap lists AKT, BAND, Injective, ETH2, Solana, Terra and multi‑chain issuance via Persistence chain.

AI-written summary · about

  1. 0:00Introduction to persistence
  2. 1:36Protocol components
  3. 4:05The liquid staking vision
  4. 7:07Two-token model mechanics
  5. 10:03Bridge and validator logic
  6. 12:45DeFi utility and growth
  7. 15:12Roadmap and expansion
  8. 17:39Governance and community
  9. 19:17Q&A and final thoughts
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