[Archives] Community Newsletter #13 — October 2021
Note: Persistence has pivoted to liquid staking and building DeFi primitives to increase the utility for staked assets. This article is only for archive purposes. Refer to Persistence’s official blog for the latest updates.
In October we saw the launch of XPRT perpetual futures on AscendEX, with XPRT metrics across the board rising steadily. We crossed 30,000 Twitter followers and hosted the Cøsmos SZN event, where thought leaders and community members from across the Cosmos ecosystem came together to exchange ideas and provide their analysis through a series of roundtable and individual sessions.
In addition, we saw the launch of liquidity pools for pSTAKE’s stkTOKENs on SushiSwap, and crossed $28 million TVL on pSTAKE with over 2700 weekly active users.
The crypto media continued to follow our work as we were covered in interviews and features with Chjango, Jessica Walker of BLOXLIVE, Brave New Coin and BeInCrypto.
Check out the highlights below to catch up on anything you’ve missed.
Read the rest of this article on our official blog: https://bit.ly/3zSZxs1
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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