[Archives] Additional 20,000 $XPRT is Up for Grabs as Persistence Partners with the Staking Rewards Team!
Our Cosmos Network StakeDrop campaign is quickly gaining momentum, and now we gladly welcome Staking Rewards as a partner to accelerate our progress. The Persistence team is also proud to announce that we have allocated exclusive rewards of 20,000 XPRT tokens for the Staking Rewards community!
As Persistence will itself be a PoS network, we believe StakeDrop is an excellent way to introduce our project to several great staking communities in this space and to encourage the growth of a strong support base for Persistence. Therefore, we’ve allocated 1% of our total token supply to our StakeDrop campaigns. Networks on which StakeDrop campaigns will be held include Cosmos, Polkadot, Matic, Tezos, IRIS, Kava, and Terra.
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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.