PSTAKE Token Sale Drives 20,000 New Token Holders

We’re excited to announce that the pSTAKE Token Sale on CoinList has added 20,000 new token holders to the pSTAKE community, with $10M in pSTAKE tokens purchased throughout the course of the sale.

The event drew record demand on CoinList, with over 949,000 unique registrants, the highest of any CoinList sale at this time. The pSTAKE team demonstrated strong interest and commitment to the community - rewarding over 6,000 network participants with priority queue access to their sale. The pSTAKE team looks forward to successfully distributing tokens to the community.

pSTAKE is a liquid staking protocol for Proof-of-Stake (PoS) based assets that allows the holders of staked assets to earn rewards while maintaining liquidity of their assets. Staked representative tokens are issued for all assets staked via pSTAKE, which utilises a custom bridge to tap into the growth of the Cosmos ecosystem while accessing the liquidity and composability of Ethereum.

PSTAKE is the native token of the pSTAKE protocol, providing holders participation in protocol improvement proposals through voting as well as protocol security. PSTAKE holders are incentivized to participate in the protocol’s governance to ensure its long-term success and security by staking PSTAKE on the pSTAKE staking contract.

To learn more about pSTAKE and participate in their network, visit: https://pstake.finance/

We are excited and humbled by the size and commitment of support and are proud to help make pSTAKE available to the broader crypto ecosystem.

Congratulations to the entire pSTAKE community on their successful token sale!

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