What is PSTAKE

1. Project Introduction
pSTAKE Finance is a Bitcoin yield and liquid staking protocol backed by Binance Labs. The protocol partners with leading blockchain security firms such as Halborn, Hexens, Oak Security, Immunefi, and Forta to provide a secure suite of liquid staking products.
2. Team & Investment Info
Team:
Tushar Aggarwal – Founder & CEO, also the founder of Persistence; previously worked at LuneX Ventures and YourStory Media.
Mikhil Pandey – Co-founder.
Marc Puig Torres – CTO, formerly worked at Figment and Amazon.
Funding:
May 2022: Received strategic investment from Binance Labs (amount undisclosed).
November 2021: Secured $10 million in a strategic funding round led by Three Arrows Capital, Galaxy Digital, Sequoia Capital India, and DeFiance Capital, with participation from Coinbase Ventures, Tendermint Ventures, Kraken Ventures, Alameda Research, Sino Global Capital, Spartan Group, and angel investors from Aave, Terra, and Alpha Finance.
3. Social Media URLs
X: https://x.com/pStakeFinance
Telegram: https://t.me/pstakefinancechat
Discord: https://discord.pstake.finance/
Blog: https://blog.pstake.finance/
4. Token Info
Token Symbol: PSTAKE
Total Supply: 500,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: https://etherscan.io/token/0xfB5c6815cA3AC72Ce9F5006869AE67f18bF77006
Token Distribution:
Incentives & Community Development – 26% (Quarterly unlock over 24 months).
Seed Sale – 20% (6-month lock-up, linear unlock over 12 months).
Treasury – 20% (24-month unlock).
Team – 16% (18-month lock-up, linear unlock over 18 months).
Retroactive Rewards – 6% (Linear unlock over 6 months).
Public Sale – 5% (25% unlocked at TGE, linear unlock over 6 months).
XPRT Stakers – 3% (Linear unlock over 12 months).
Alpha Launchpad – 2% (Fully unlocked at TGE).
Protocol Bootstrapping – 2% (Fully unlocked at TGE).
5. Related Links
Official Website: https://pstake.finance/
Docs: https://docs.pstake.finance/
LinkedIn: https://www.linkedin.com/company/pstake/
Other Info: https://www.rootdata.com/Projects/detail/pSTAKE%20Finance?k=ODc4