[Archives] Community Newsletter #4 — January 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.
2020 was a monumental year for Persistence. Now that 2021 is in our wake, we’ve already hit the ground running as we enter into the next exciting chapter in the journey of Persistence.
In January alone, we’ve launched our fourth StakeDrop on Matic Network along with the guides and tutorials token holders need to capitalize on the opportunity to earn XPRT. We’ve also announced several collaborations with leaders in the crypto space, released an array of educational content, and completed several AMAs to continue spreading the word of Persistence’s mission and those of our ecosystem partners.
More and more partnerships are beginning to form via our AUDIT.one validator arm to propel the global blockchain ecosystem forward. We also virtually attended several industry events and community outreach sessions, and have witnessed the continuation of the exponential growth of our community.
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 January.
Read the rest of this article on our official blog: https://bit.ly/3bhjrCR
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.