About SatDrop

Welcome to pSTAKE’s SatsDrop—a points program with transparency at its heart 🧡 SatDrop is a unique initiative aimed at:

  1. Onboarding the core Bitcoin Community to pSTAKE

  2. Fostering exclusive user engagement

  3. Driving Bitcoin deposits on pSTAKE

  4. Having fun along the way

SatDrop participants can complete on-chain and off-chain tasks to earn ‘pSats’ (points) and convert them into $PSTAKE tokens in the future. SatDrop will have multiple seasons, with the first one kicking off in the coming days.

With Babylon's recent launch, BTCfi is at the center of crypto and DeFi today. pSTAKE will aim to stake as much BTC as possible from its BTC deposits into Babylon’s cap. pSTAKE will distribute Babylon Points pro rata to all its users to ensure fairness and inclusivity.

Important Note: There is a prerequisite to participate in the SatDrop. All participants must have staked the minimum BTC deposited by pSTAKE (0.005 BTC) to access the SatDrop dashboard to view their pSats and complete other tasks. This prerequisite helps filter out Sybil attacks and gives all participants a more curated, transparent experience.

By staking BTC with pSTAKE, users get the following advantages:

  1. Receiving Babylon Points

  2. Receiving pSats (pSTAKE points)

  3. Overcoming Babylon’s max stake limit

  4. Not worrying about high Bitcoin network fees

  5. Having a better chance of getting in Babylon’s Cap

Stay tuned in the pSTAKE community for the latest updates.

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