Persistence and Axelar Partner to Implement Cross-chain Messaging

Persistence Blog
Published in
1 min readSep 14, 2022

As we’ve continued to grow and build across our entire ecosystem, Persistence has always strived to be at the forefront of innovation and work with the best to not only enhance the user experience but also improve processes and cross-chain capabilities.

To that end, we’re excited to announce that we’ve formed a partnership with Axelar, a secure cross-chain communication network designed for Web3 that allows dApp (decentralized application) users to seamlessly interact with any digital asset or protocol.

Keep reading to learn more about what we’re looking to achieve through this partnership to help boost both ecosystems:

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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