[Archives] 2021: The Rise of the Persistence Ecosystem
Note: Persistence has pivoted to liquid staking and building DeFi primitives to increase the utility for staked assets. This article is only for archive purposes. Refer to Persistence’s official blog for the latest updates.
- As the broader Cosmos ecosystem continued to expand and mature throughout 2021, so did the Persistence network and our multi-sector product suite.
- In March, the Persistence Core-1 mainnet was launched alongside the $XPRT token public sale on AscendEX. The network has continued to strengthen throughout this past year in terms of all measurable metrics.
- We began building out our product suite through the introduction of various Persistence ecosystem projects including pSTAKE (our liquid staking platform), assetMantle (our cross-chain NFT marketplace framework), and Comdex (synthetic assets protocol utilizing the Persistence SDK).
- pSTAKE and Comdex have made significant progress in recent months, with assetMantle making its recent public debut alongside the launch of its testnet.
Read the rest of this article on our official blog: https://bit.ly/3tShPG4
Persistence is a Tendermint-based, specialised Layer-1 network powering an ecosystem of DeFi applications focused on unlocking the liquidity of staked assets.
Persistence facilitates the issuance and deployment of liquid-staked stkASSETs, allowing users to earn staking rewards while participating in DeFi primitives, such as lending/borrowing and liquidity provisioning on DEXs.
Persistence aims to offer a seamless staking and DeFi experience for PoS (Proof-of-Stake) users and enable developers to build innovative applications around stkASSETs.