[Archives] Community Newsletter #9 — June 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.
The month of June came and went in a flash, while our team forged new paths through the metaverse and pushed forward despite market volatility. At Persistence we believe there’s no better time to focus on BUIDLing than when the market is uncertain. As you’ll soon read below, we certainly lived up to our own mantra, closing out yet another highly successful month.
In June we released the Alpha version of our liquid staking protocol, pSTAKE, along with a huge trove of educational materials in order to ready our community for pSTAKE’s upcoming mainnet launch. Furthermore, XPRT was listed on Osmosis, the first AMM DEX on Cosmos. Our pools on Osmosis have generated hefty volumes as the community excitedly explores new interchain avenues. We also reached the major milestone of 1 million blocks minted on the Persistence mainnet!
In addition, Tushar Aggarwal, our CEO, appeared on numerous podcasts and we began experimenting with Twitter Spaces in order to create further transparency and another outlet of communication with our community.
This barely scratches the surface.
Read the rest of this article on our official blog: https://bit.ly/3HIGOBx
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.
Join Our Movement
Twitter | LinkedIn | Telegram | YouTube | Reddit | hello@persistence.one
