TechFlow reports that liquid staking protocol pSTAKE Finance has announced the launch of its Bitcoin liquid staking service on July 29. Built on Babylon chain, the service will have an initial deposit cap of 50 bitcoins (BTC).
pSTAKE Finance emphasized that this service was built by Bitcoin enthusiasts for Bitcoin. The service will officially go live at 6:00 PM Beijing time (UTC 10:00) on July 29.




