According to ChainCatcher, the liquidity pledge protocol pSTAKE Finance announced the launch of a Bitcoin liquidity pledge solution based on Babylon's Trustless BTC pledge protocol. To ensure the security of the protocol, the deposit limit is 50 BTC. This product allows users to earn income from idle BTC holdings while maintaining full liquidity.
It is reported that pSTAKE Finance is a Bitcoin income and liquidity pledge protocol. With pSTAKE Finance, users can pledge BTC liquidity and receive rewards from Babylon's trustless BTC pledge to protect other application chains while maintaining their liquidity.