This proposal seeks to integrate pSTAKE’s liquid staking capabilities into StakingRewards.com with a revenue share proposal. The integration aims to drive increased staking participation and total value locked (TVL) for pSTAKE by leveraging the broad reach and established trust of the StakingRewards.com platform.
Bitcoin Asset Profile: pSTAKE will be featured as a Liquid Staking option within the Bitcoin section on StakingRewards.com.
Staking App & Terminal: pSTAKE will be integrated into the native staking functionalities, allowing users to directly stake through StakingRewards.com.
This collaboration is expected to significantly boost TVL for pSTAKE, enhance user engagement, and establish a mutually beneficial partnership. A tiered Reward-Share Program is proposed, where referral fees will be based on the volume of staked assets generated via the staking rewards platform.
Referral fees will be applied according to a tiered structure:
If pSTAKE has $25M in BTC staked assets through StakingRewards’ platform, with a 10% fee on the APY, pSTAKE would share 50% of this fee (5%) on a monthly basis (0.41% per month) with Staking Rewards. This percentage increases as the TVL from StakingRewards’ platform grows.
Vote 'FOR' if you agree with integrating pSTAKE into StakingRewards.com with a revenue share proposal
Vote 'AGAINST' if you disagree with integrating pSTAKE into StakingRewards.com with a revenue share proposal
Vote 'ABSTAIN' if you choose not to participate in this proposal