Bringing Liquid Staking to the Forefront: Setting the Next Chapter in Stone
The Persistence team has been diligently working to deliver on many of our key milestones and goals to help grow and expand our ecosystem. Our ultimate vision is to become the leading liquid staking hub of the PoS industry through our ecosystem components — every day, we’re getting closer to making this a true realization.
We recently announced several key insights surrounding our 2022 mission and how our ecosystem components will work in harmony to achieve our goals. We’re continuing to push initiatives forward based on our targets and goals, putting the pieces together that will ultimately consolidate to bring forth our broader vision.
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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.