Should the Cosmos Hub Allocate 600k $ATOM to pStake? - with Mikhil Pandey

Governance proposal 853 aims to allocate 600k $ATOM to pStake. The pStake protocol is built on top of Persistence. Persistence is a liquid staking blockchain in Cosmos. The proposal aims to make stkATOM more liquid and available across the Cosmos and counter-fight centralizing forces coming from one dominant liquid staking protocol only. But what are the other arguments speaking for and against allocating 600K $ATOM to pStake? What is Persistence V8? Today we sit down with Mikhil Pandey to delve deeper into these questions and reflect on the past, present, and future of liquid staking.

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Catch up with FRENS VALIDATOR:

💻 WEBSITE: https://frens.army

📲 FOLLOW ON TWITTER: https://twitter.com/frensvalidator

🌖FOLLOW JURI: https://twitter.com/jurimaibaum

FOLLOW PERSISTENCE: https://twitter.com/PersistenceOne

FOLLOW pSTAKE: https://twitter.com/pStakeFinance

FOLLOW MIKHIL: https://twitter.com/PandeyMikhil

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DISCLAIMER

All information presented in this podcast is meant for informational purposes only and should not be treated as financial, legal, or tax advice. This podcast’s content solely reflects the producer's opinion, who is not a financial advisor. Investing in cryptocurrencies is risky!