|
Title: Is This Possible To Achieve ? Post by: Youghoor on March 26, 2022, 01:57:59 AM For some time now, liquid staking has been one of the most profitable ways to earn passive income in the crypto space. But according to pstake.finance, the nature of earning with liquid staking can be changed and improved to the earning yield. Pstake.finance is a liquid staking protocol that intends to unlock the potential of staked PoS assets by utilizing IBC(Inter Blockchain Communication) protocol introduced by Cosmos Hub (ATOM). The IBC protocol allows some kinda communication between blockchains. The main focus of pstake.finance is to give their users the opportunity to earn from multiple blockchain via liquid staking. will this be possible to achieve ?
Source: (https://docs.pstake.finance/) Title: Re: Is This Possible To Achieve ? Post by: kvipcn on March 28, 2022, 12:45:05 AM Considering pstake.finance's protocol developed and their dual token model, I think they will be able to achieve this. This dual token model will help introduce a two-fold benefit. This project has done some research on liquid staking and has introduced a system to help stakers earn additional yield. Looking at the example given in their official document regarding how their protocol works, I see pstake.finance making a significant impact in the liquid staking ecosystem.
|