TokenInsight news that the liquidity pledge protocol pSTAKE will be made available for the public offering of $PSTAKE through Alpha Launchpad at an unknown time. In addition, Alpha Finance will receive 2% of the total token supply, with 1.65% allocated to token $ALPHA holders and 0.35% allocated to the Alpha Launchpad team.
pSTAKE is a liquidity pledge solution where PoS token holders can deposit their tokens on pSTAKE to mint 1:1 pegged ERC-20 tokens pTOKEN (like pATOM), which participate in other DeFi applications on the Ethereum network for additional revenue.