Persistence Blog
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Persistence Blog

Community Newsletter #1 — October 2020

For insights into our progress on our mission to bridge traditional finance and DeFi, we invite you to read our community newsletter covering all areas of our activities in October.

Backed by a strong network of early supporters after our successful raise of $3.7 million during our funding rounds, we are now pursuing our mission with full vigour.

We’ve launched StakeDrop, a major community initiative to provide the staking communities with access and exposure to our native XPRT token, we’re continuing to accelerate the interoperable blockchain movement in India and beyond, and we’re ramping up our community outreach efforts.

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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