pSTAKE Proposes to Allocate 12 Million $PSTAKE to Incentivize Initiatives and Integration for stkBNB

Liquidity staking protocol pSTAKE has initiated a proposal to allocate 12 million $PSTAKE to incentivize initiatives and integration for stkBNB. The specific allocation plan is to allocate 4 million $PSTAKE to PancakeSwap for 60 days, 4 million $PSTAKE to Alpaca Finance for 60 days and 4 million $PSTAKE to other protocols for 60 days. If the proposal is approved, a part of the $PSTAKE token supply will be bridged from Ethereum to the BNB Chain.