Earn While You HODL Bitcoin? Staking Yield is coming to BTC!
50 Minuten
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vor 1 Jahr
In this episode, we're diving into a game-changer for #Bitcoin
holders. Are you holding your #BTC and not earning any yield?
Well, times are changing... Join us as founder Mikhil Pandey
introduces us to pStake, a platform turning static Bitcoin into
yield-generating assets through Bitcoin Liquid #Staking. How does
it work? Let’s dive in!
Episode Breakdown:
What is Bitcoin Staking?: We kick things off
by unpacking the concept of Bitcoin staking, how it deviates
from traditional staking methods in proof-of-stake chains,
and what it means for BTC holders.
Exploring Bitcoin Liquid Staking: Mikhil
breaks down Bitcoin Liquid Staking, emphasizing how it allows
for staking without the need for risky bridges to other
blockchains.
Inside pStake’s Mechanics: Learn how pStake
leverages advanced technologies that make Bitcoin a slashable
asset for securing PoS chains while ensuring holders keep
their liquidity through a liquid staking token (LST).
The Advantages Unpacked: We delve into the
unique benefits and innovations that Bitcoin Liquid Staking
introduces, including enhanced network security for other
blockchains and new reward mechanisms for BTC holders.
Technological Foundations: A deep dive into
the technological innovations like Taproot and SegWit, which
have paved the way for functionalities such as inscribing
data onto the Bitcoin blockchain, critical for the slashing
logic needed for Bitcoin staking.
Looking Ahead: Mikhil discusses what's on
the horizon for pStake, from the buzz around its testnet
phase to expectations for the upcoming mainnet launch.
What is your opinion on Bitcoin Staking? Are you open to
it or will you stick to HODLing without Yield?
Please share this if you learned something! What should
we discuss next? Comment!
Fed up with crypto influencers? Follow us and let's
master #crypto with real education.
Building something exciting & want to come on the
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Timestamps:
00:00 - $BTC Liquid Staking Is Here
03:00 - What Is #Bitcoin #Staking?
07:36 - How Does It Work?
14:36 - Bitcoin Layer 2s - Bullish/Bearish?!
20:20 - Liquid Staking with pStake
27:30 - The YIELD.
35:40 - Securing Chains With $BTC
40:00 - pStake Goes Live!
46:10 - Mainnet Launch + Points Program
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Links / Additional Material:
pStake Website: https://pstake.finance/
pStake on X: https://x.com/pStakeFinance
Mikhil on X: https://x.com/PandeyMikhil
Mikhil’s Podcast on X: https://x.com/Stacked_Podcast
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Disclaimer:
TEACHMEDEFI is a provider of entertainment and opinions. We are
neither a broker/dealer nor an investment advisor. This is not a
service for issuing or receiving financial or investment advice.
None of our content constitutes a recommendation – or should be
understood as such – to conduct transactions in securities,
cryptocurrencies, or crypto-assets, or to engage in any of the
investment strategies presented in our discussions or provided
content. We do not provide personalized recommendations or views
on whether a stock, cryptocurrency, crypto-asset, or investment
approach is suitable for the financial needs of a particular
individual.
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