TechFlow news, according to the official Twitter account, pSTAKE, a liquid staking protocol in the Cosmos ecosystem, announced that it will officially launch its liquid staking product stkATOM for ATOM on January 12.
Reportedly, stkATOM was initially scheduled to launch on November 8, 2022, but the launch was delayed due to two incidents: the halt of the Persistence Core-1 chain and an attacker manipulating the stkATOM-to-ATOM exchange rate on the Persistence Core-1 mainnet. To resolve this, pSTAKE plans to upgrade the blockchain and mint an additional 45 stkATOM to correct the exchange rate. The proposal for the upgrade and the official rollout of stkATOM has now been approved.Original link
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