pSTAKE's Governance Token $PSTAKE Is Going Live on February 24

TokenInsight news, the liquidity staking protocol pSTAKE announced that it will launch its native governance token $PSTAKE on February 24. $PSTAKE holders are incentivised to participate in the protocol’s governance to ensure its long-term success and security by staking $PSTAKE via the protocol. pSTAKE is holding a public sale on CoinList, with 25M $PSTAKE tokens (5% of the total genesis supply) allocated for the sale. pSTAKE Finance aims to unlock liquidity for assets and bring PoS assets to DeFi. Previously, pSTAKE closed a $10 million round of funding in November 2021 led by Three Arrows Capital, Galaxy Digital, DeFiance Capital, Sequoia Capital India (Sequoia India), with participation from Coinbase Ventures, Alameda Research and others.