pSTAKE is a liquid staking solution that unlocks the potential of staked PoS assets, such as ATOM. PoS token holders can stake their tokens through the pSTAKE application to receive stkASSETS (ERC-20 representative assets of their underlying tokens), which can then be transferred to other wallets or smart contracts on the Ethereum network to generate additional yield.
stkETH is the liquid staking representation of ETH. This means ETH holders will be able to stake their tokens via pSTAKE to earn staking rewards while receiving stkETH.