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[Archives] ⚛ Cosmostation Wallet Adds 3-Step Registration for Persistence StakeDrop

Leading Cosmos wallet provider Cosmostation, one of Persistence’s earliest supporters and validators, has launched support for our Cosmos Network StakeDrop campaign. All Cosmostation users can now send the Magic Transaction to begin receiving XPRT rewards for their ATOMs staked for StakeDrop in under 20 seconds. This makes the StakeDrop user experience on a totally different level.

Check out this video to see how easy it is to participate in StakeDrop using a Cosmostation wallet.

Through our Cosmos StakeDrop campaign, we are on course to distribute 200,000 XPRT tokens amongst ATOM stakers and long-term holders. Just three days into the Cosmos Network campaign, we have attracted almost 1 in every 6 ATOM staked on the Cosmos Network. More than 195,000 XPRT tokens are still available in the rewards pool.

One of the key reasons for this tremendous response from the community is the simplicity of participating in StakeDrop through the Cosmostation wallet and we are glad to have Cosmostation as such strong supporters and believers in us.

If you are already an ATOM staker and haven’t participated in StakeDrop yet, you can use the Cosmostation wallet to participate in StakeDrop in less than 20 seconds. The process is so simple that it makes it magical.

Note: Stakers receive additional rewards.

About Persistence One

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.

We are always on the lookout for connecting with individuals or organizations who wish to take advantage of the opportunities present in the blockchain space and want to learn more about Persistence. If you wish to get in touch, please do not hesitate to reach out to us.

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