[Archives] Community Newsletter #15 — December 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.
December underscored the continuing growth of the Persistence ecosystem. The Persistence network itself continued to strengthen, reaching record highs in terms of wallet addresses, validators and IBC transactions.
pSTAKE’s public sale on CoinList was a huge success, selling out in less than 45 minutes. In addition, pSTAKE’s TVL recently surpassed $36M. The liquid staking protocol continues to garner significant attention on social media and elsewhere. This past month, pSTAKE’s user count surpassed 6,000 and its Twitter account grew significantly to over 16,000 followers.
Meanwhile, assetMantle launched their Genesis Creators program, inviting creators interested in launching their own next-gen NFT stores to apply. After the launch of Comdex’s mainnet last month, incentivized $CMDX liquidity pools also went live on Osmosis. In addition, AUDIT.one continued to expand its presence in the PoS ecosystem.
These developments are representative of Persistence’s continued growth and increasing traction within the broader industry.
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/3biQd6C
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
