[Archives] Community Newsletter #7 — April 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.
Action-packed April has just zipped by!
Continuing to build on the success of a monumental March, we pushed ahead and accelerated as we raced through April. Last month alone we witnessed our first two exchange listings, on AscendEX and Gate.io, and launched XPRT staking with 35%+ APR straight out of the gates. Meanwhile our industrious CEO, Tushar Aggarwal, was featured in Forbes’ 30 Under 30 Asia 2021 and our XPRT token was trending on CoinMarketCap, in yet more clear indications that the world is waking up to Persistence.
Additionally, we continued to forge valuable industry collaborations and pushed ahead ramping up our community outreach efforts to further spread the word of Persistence to the wider crypto community. We welcomed multiple blockchain titans as advisors to the team alongside many of our top-tier network validators. This is just the surface.
For more exciting updates from our action-packed April with details of each development as it happened please read below, and hold your breath because what we’ve got in-store for May will blow you away!
Read the rest of this article on our official blog: https://bit.ly/3QDoe1x
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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