pSTAKE to Launch $stkATOM on 12th January 2023

Cosmos ecosystem Liquid staking protocol pSTAKE announced that $stkATOM will launch in the Interchain on Persistence on 12th January 2023.

Previously, $stkATOM was scheduled to launch on November 8th, 2022, but it was delayed by a Persistence Core-1 chain halt and an incident in which a bad actor skewed the exchange rate of $stkATOM to $ATOM on the Persistence Core-1 Chain Mainnet on November 6th.