Liquid Staking Protocol pSTAKE to Launch $stkATOM on Persistence Core-1 Chain in Weeks

Liquid staking protocol pSTAKE announced that it will launch $stkATOM on the Persistence Core-1 chain in a few weeks to provide a Cosmos-native $ATOM liquid staking solution. Users will be able to stake $ATOM and mint $stkATOM on the Persistence Core-1 chain, using the IBC transfer module and Interchain suite. In addition, pSTAKE plans to support the migration of $stkATOM from its current ERC-20 format on Ethereum to the IBC-native version on the Persistence Core-1 chain.