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Persistence Blog

[Archives] Community Newsletter #3 — December 2020

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 marked the close of a monumental year for Persistence. We came out of stealth with Persistence in January of 2020 and we have achieved more than we even could have imagined during this past year.

Despite any curve balls the year’s thrown at us we’ve grown, pressed on, and kept building towards the future as we explore new possibilities for cross-chain financial products. None of this can happen without you all.

In December we continued to roll out our StakeDrop campaigns, which have been gaining huge momentum and have not only helped to secure our partner networks but have also been instrumental in generating awareness of Persistence among the wider crypto community.

We have also forged several partnerships via our validator arm to propel the global blockchain ecosystem forward, attended a variety of industry events and community outreach sessions, surpassed the huge milestone of 10,000 followers on Twitter, and much more.

For insights into our progress on our mission to usher in the next generation of blockchain-powered financial products, we invite you to read our community newsletter covering all areas of our activities in December.

Read the rest of this article on our official blog:

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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