pSTAKE Finance Price Chart (PSTAKE)

pSTAKE Finance (Symbol: PSTAKE) is the governance and incentivization token of the pSTAKE protocol. It is an ERC-20 token and powers the protocol’s ecosystem in many ways. PSTAKE holders are incentivised to participate in the protocol’s governance to ensure its long-term success and security by staking PSTAKE on the pSTAKE staking contract. Staking the token would provide its holders with a two-fold benefit, including: Participation in protocol improvement proposals through voting, and Participation in protocol security.. In order to ensure long-term success of the protocol, the PSTAKE token will be used to incentivise the core contributors of the pSTAKE ecosystem. PSTAKE will also be used as a dis-incentivization token in case stakeholders staking the token act maliciously or are unable to perform their respective duties appropriately. At this time, the Total Genesis Supply of PSTAKE will be 500,000,000. The distribution is designed to maximize decentralisation of protocol governance, while adequately incentivising the core contributors of the long-term growth of the protocol.