Persistence Blog
Published in

Persistence Blog

Celebrating Genesis Day: One Year Since Launch

TL;DR

  • One year ago today, March 30th of 2021, the Persistence Core-1 mainnet was launched.
  • The network has continued to strengthen throughout this past year in terms of all measurable metrics, and the community has strengthened in tandem.
  • During this past year the Persistence team has been heavily involved in the growth of the broader ecosystem, including spearheading the InterNFT initiative and advancing the PoS industry via AUDIT.one.
  • Along this journey we realized that solving the pain points of the PoS industry via liquid staking was our true mission, and pSTAKE was born.
  • pSTAKE has grown significantly, quickly becoming the most prominent liquid staking solution for ATOM and XPRT, building strong foundations for the next phase of growth.
  • We’re now pushing ahead on our mission to make Persistence the liquid staking hub of the PoS economy.

After more than two years of relentless ideation and development, the Persistence Core-1 mainnet went live on March 30th of 2021 with the minting of block #1.

Read the rest of this article on our official blog: https://bit.ly/39GB5zx

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.

Join Our Movement

Twitter | LinkedIn | Telegram | YouTube | Reddit | hello@persistence.one

--

--

--

Persistence is a Tendermint/Cosmos-based Layer-1 network powering an ecosystem of DeFi products aimed at making liquid staked assets the default assets of the the PoS economy.

Recommended from Medium

WhiteMatrix supports African blockchain technology education, ChainIDE helps African developer…

Torah Q&A 2 is here!

Advantages Of Blockchain For Health Data

Getting Symbiotic with Symbiosis

Blockchain: A Viable Solution for Supply Chain Management in the Pharma Sector

Fenbushi capital Shen Bo announced Genaro consultant identity and created a new era of blockchain 3.

How Genaro Network Solves the Energy Wastage Problem of PoW

JNTR/b is Live on BSCswap

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Persistence

Persistence

Liquid Staking Hub for PoS Assets

More from Medium

Community Newsletter #18 — March 2022

Regen Overview

History of the Terra <> Sifchain IBC Connection

BitMart to List CHEQ, Native Token for the cheqd network