Liquid staking protocol pSTAKE announced integration with Beefy Finance, a multi-chain yield optimizer, to enable compound interest strategies for $stkBNB holders. Users can deposit their $BNB on Beefy Finance where 50% is instantly converted into $stkBNB, which is then used to provide liquidity to PancakeSwap stkBNB/BNB pool. The protocol automatically sells earned rewards and reinvests them into the same pool to auto-compound.
Source DeFi
Staking
BNB Chain
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