Community Newsletter #19 — April 2022
April was an absolute blockbuster month for Persistence, as we made significant headway when it came to added features and key implementations. Our ongoing efforts are continuing to manifest themselves into powerful results, as we march on to enable the next major installments of our ecosystem.
Our team made several important announcements and developments over the last month, with pSTAKE stealing the spotlight, given the efforts we’ve been pushing forward to continue to innovate and build on the platform to drive forward greater utility for liquid-staked assets.
We also published several important articles on the pSTAKE blog, including a user guide on how to mint and collateralise bATOM and an announcement detailing our Ethereum 2.0 liquid staking implementation.
Keep on reading to learn more about what’s been achieved in the past month.
Read the rest of this article on our official blog: https://bit.ly/3n5k4lt
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.