Community Newsletter #18 — March 2022
The Persistence ecosystem continued to grow and blossom throughout March, as we stayed true to our commitment and innovation by continuing to build upon the underlying infrastructure, bringing us one step closer to ultimately realizing the full potential of our liquid staking economy.
Over the course of the last few weeks, pSTAKE has picked up significant traction and garnered attention due to major news and updates, most notably a proposal for the integration of bATOM on Anchor Protocol and the launch of $PSTAKE into the Cosmos ecosystem.
To provide more insights into the Persistence protocol and the landscape from a broader perspective, we published two articles highlighting Persistence’s long-term vision and the liquid staking landscape within the Cosmos ecosystem. In these pieces, we touch more on the future of our platform and other liquid staking protocols that coexist within Cosmos.
To learn more, below you can find a high-level recap of the key highlights and milestones we achieved last month.
Read the rest of this article on our official blog: https://bit.ly/3OytLV8
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.