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Summary of pSTAKE Staked DYDX
- pSTAKE is a multi-chain liquid staking protocol.
- Allows users to stake Proof-of-Stake (PoS) assets and earn staking rewards.
- Users receive staked underlying representative tokens (stkASSETs) that can be used for additional yield opportunities in DeFi.
Introducing pSTAKE Staked DYDX: Unlocking the Power of Liquid Staking
pSTAKE is a pioneering, multi-chain liquid staking protocol that liberates the liquidity of your staked assets. By leveraging pSTAKE, you can securely stake your Proof-of-Stake (PoS) assets to earn staking rewards, and receive staked underlying representative tokens (stkASSETs), which can be utilized to tap into additional yield opportunities across the decentralized finance (DeFi) ecosystem.