The Future of Liquid Staking with pSTAKE Finance's Mikhil Pandey | Blockcast 35
In this episode of Blockcast, we take a deep DeFi dive into the murky waters of liquid staking with former Product Lead of Persistence Labs and co-founder of pSTAKE Finance, Mikhil Pandey.
Developed by the Persistence Labs team, which founded Persistence One, a Layer 1 blockchain; pSTAKE Finance offers Bitcoin liquid staking solutions built atop Babylon’s protocol.
As tokenization becomes an increasingly hot topic, the question of what liquid staking can bring to the sector is of developing interest for the DeFi world.
Pandey walks Blockhead through their journey on why they chose to build pStake on Babylon, what led to their decision to halt their Solana liquid staking solution and explains why Bitcoin might offer the best form of liquid staking for the market.
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Going Onchain
Blockhead Contributor
Plunged into the crypto rabbit hole and out with insights, @GoingOnchain specializes in straightforward 5-minute explainers on YouTube that make complex crypto concepts easy to understand for everyone.
Mikhil Pandey
CO-founder, pSTAKE Finance
Mikhil Pandey is the co-founder of pSTAKE Finance, a Bitcoin yield and liquid staking protocol backed by Binance Labs.
Mikhil is an engineer by background with 5 years of experience in Crypto. Mikhil is one of the earliest contributors to pSTAKE Finance since it started building liquid staking in 2020. He has been pivotal in setting up the ground roots (human and product) of pSTAKE.
In the early days, he led the mechanism design and development of pSTAKE’s product suite, including the first-ever ATOM Liquid Staking (in 2021) and a unique BNB liquid staking protocol. Today, Mikhil leads pSTAKE’s growth efforts to make Bitcoin yield-generating.