According to third-party on-chain monitoring, the top 20 PSTAKE addresses hold a total of 413 million PSTAKE, accounting for 82.65% of the total amount. Among them, the project team's wallet holds 66.66 million (13.33% of the total); Binance Labs holds 25 million (5% of the total, obtained through investment in 2022); PeakXV Partners holds 15 million (3% of the total). Investment institutions and project parties hold a large number of tokens, with relatively concentrated stakes.