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Persistence Blog

$25,000 Worth of XPRT will be Distributed to KAVA Stakers During the Kava StakeDrop, Beginning November 26th!

The wait for our second StakeDrop campaign is almost over! Following the conclusion of the Cosmos StakeDrop on November 25th, our Kava StakeDrop will commence on November 26th.

A total of 100,000 of Persistence’s XPRT tokens (worth $25,000 at the most recent valuation), will be allocated for distribution to KAVA stakers during the campaign. Every KAVA staker will be eligible to earn up to 5,000 XPRT tokens, simply by staking on the Kava network!

Key Details:

  • Total rewards: 100,000 XPRT ($25,000 based on the latest valuation)
  • Campaign duration: 21 days
  • Start date and time: 26th November 2020, 12:00 AM PST (Block Height: 453,621)
  • End date and time: 16th December 2020, 11:59 PM PST (Block Height: 672,440)
  • Magic Transaction start date and time: 23rd November 2020, 12:00 AM PST (Block Height: 422,360)
  • Network Rewards Pool: 80,000 XPRT
  • Rewards Pool: 20,000 XPRT

Read the rest of this article on our official blog:

About Persistence

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.

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