Exchange rate model¶
pSTAKE issues liquid staked stkBNB against user’s BNB deposits based on an exchange-rate, inspired by the Compound’s cToken model. The stkBNB/BNB exchange rate is determined as follows:
Learn more about the Exchange rate formula.
stkBNB in DeFi¶
Users holding stkBNB can participate in DeFi protocols to generate additional yield on top of their staking rewards. pSTAKE will consistently keep adding more DeFi use-cases for stkBNB to expose stkBNB holders to multiple yield opportunities.
To explore all active opportunities, visit the Defi section on pSTAKE.