Community Newsletter #22 — July 2022

Throughout July the Persistence team continued to push forward with building, blazing through several key initiatives and developments.

Plenty of updates and developments have taken place, most notably for pSTAKE. Tremendous progress has been made on pSTAKE’s BNB liquid staking implementation, which is expected to go live on mainnet in August. In addition, the team has been charging forward with enabling stkATOM on the Persistence Chain to bring IBC connectivity to liquid-staked assets across Cosmos.

Q3 2022 has only just begun and is already off to an exciting start. To learn more about the recent updates from the Persistence ecosystem, check out the highlights below from July.

Read the rest of this article on our official blog: https://blog.persistence.one/2022/08/02/community-newsletter-22-july-2022/

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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