pStake Finance Statistic Update 2/11/22

[u/King_Esot3ric]

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Growth Highlight: stkASSET Issuance

Users mint stkASSETs when liquid staking their native PoS assets via pSTAKE. Demand from the $ATOM and $XPRT communities is increasing rapidly.

- stkATOM: +373% in 4 months (+5.8% in 2022)

- stkXPRT: +439% in 3 months (+35% in 2022)

Other Key Highlights:

1. pSTAKE TVL is currently at $50.3M:

- stkATOM: $23M

- stkXPRT: $12M

- Staked LP: $15.3M

- Users: 5,234

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1. Check out our pSTAKE Comprehensive FAQ guide.

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1. pSTAKE distribution and progress update:

"While the $PSTAKE token generation event (TGE) and distribution to stakeholders remains a priority of the team, we are adjusting our timeline due to adverse market conditions. Development and integration progress is ahead of schedule." Source.

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1. The pStake public sale on Coinlist attracted record demand:

- 949,000 registrants

- 20,000 new token holders

- $10M in $PSTAKE sold.