Persistence.one (XPRT) Staking guide- How to stake XPRT in Smartnodes.one
Persistence.one -Liquid staking Hub for POS Assets ( Staking Guide)
In this tutorial guide, We will be showing you how to stake $XPRT Token using Keplr Extension Wallet in Smartnodes.one.
You can learn how to stake utilizing the Persistence(XPRT) in the following instructions, which cover:
- Introduction to XPRT Staking
- How to Log Into the Dashboard for Your Wallet
- Transferring (Staking) Your XPRT
- Reviewing Staking Reward Information
What is Persistence (XPRT )?
An ecosystem of DeFi applications powered by Persistence, a Tendermint-based, specialized Layer-1 network, are focused on releasing the liquidity of staked assets through liquid staking. Users can receive staking incentives while taking part in DeFi primitives like lending/borrowing and liquidity provisioning on DEXs thanks to persistence, which makes it easier to issue and deploy liquid-staked stkASSETs.
Persistence seeks to provide users of PoS (Proof-of-Stake) with a seamless staking and DeFi experience while enabling programmers to create cutting-edge apps based on stkASSETs.
What is $XPRT token?
$XPRT is the work token for the Persistence ecosystem, bootstrapping ecosystem applications to propel network adoption and securing the core infrastructure through staking. $XPRT stakers can participate in governance to contribute to the long-term success of the ecosystem.
$XPRT accrues value from the ecosystem’s financial activity through multiple avenues including gas fees, fee-sharing with ecosystem applications, hub-routing, etc.
What are $XPRT’s tokenomics?
100 million $XPRT were minted at genesis and are being released over time across 42 months — the token distribution is as such:
- Marketing & Growth: 25.6% (25,600,000 $XPRT)
- Ecosystem Development & Growth: 19.4% (19,400,000 $XPRT)
- Team: 16% (16,000,000 $XPRT)
- Seed and Private Sale: 14% (14,000,000 $XPRT)
- Validator Incentivization: 10% (10,000,000 $XPRT)
- Validators & Strategic Sale: 10% (10,000,000 $XPRT)
- Advisors: 4% (4,000,000 $XPRT)
- Public Sale: 1% (1,000,000 $XPRT)
Ready to Stake your $XPRT & enjoy up to a 36% APR staking reward?
Where can we buy the XPRT token?
How to Use Osmosis.zone | Everything you should know about osmosis
How to Stake XPRT Token?
After buying on the exchange you need to transfer those $XPRT Tokens to a self-custodial wallet to stake.
- Self custodial wallets (most popular One’s)
After you transfer your assets to your new wallet, open smartnodes.one to stake your $XPRT Tokens.
Step 1 — Go to the delegate section and find the Persistence (XPRT), Click on the delegate.
Step 2- Click on Delegate again.
Step 3 -Connect your Keplr wallet.
Step 4- Select Keplr-Click Next- Click Approve.
Step 5- Input account name, make sure XPRT is selected in Import addresses for the chain. Click Next.
Step 6- Confirm, Double check address has been added correctly — click save.
Step 7-You have successfully imported your XPRT tokens into Smartnodes.one
- Scroll down and click on Details in Persistence Staking Guide.
Next, click Delegate to proceed into the staking.
Step 8- Now select validator, input the amount you want to stake, Fill the gas fee as 3000, select Keplr wallet, and click on Send.
Step 9- Approve the transaction in Keplr pop-up window.
Step 10- Congratulations, You have successfully staked your XPRT tokens with Smartnodes ( You can also see your asset allocation, rewards, and balance).
Learn more about the Persistence.one(XPRT) project by visiting their official website.
About Smartnodes
- Smartnodes Validator is a Proof of Stake service which offers 100% Slash and Double Sign Refund Protection.
- We are highly active in the cosmos and lend support where we can. We are community-driven. Smartnodes validator actively Votes on proposals to help ensure proper governance.
- The Infrastructure used by Smartnodes is only the Best of the Best with 10 Layers of security in place to protect your assets.
- We are currently offering Proof of Stake services ( POS ) on 33 cryptocurrency chains and growing, check out our website for our Validator nodes. Smartnodes.one
- In case of any other questions, please feel free to reach out to team members on our social media or by mail at hello@smartnodes.one
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