Persistence Blog
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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.

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