[Superseded] Persistence Foundation Validator Delegations Program: Fostering a Strong & Committed Validator Ecosystem
Note: Please refer to the lastest Foundation Delegation Program here.
The Persistence Core-1 Mainnet was recently launched with a limited set of carefully selected validators in order to ensure a smooth mainnet launch and the best possible staking experience.
We are now inviting all interested parties to run a validator node for Persistence, ushering in further decentralization. We are committed to ensuring the utmost security and robustness of our network, and our validator ecosystem is playing a major role on this front.
All validators play an important role, however some go above and beyond to support the growth of the network via various activities and initiatives. These validators are key to the success of any PoS project. As validators ourselves, via AUDIT.one, we understand this better than most.
That’s why we’ve launched the Persistence Foundation Validator Delegations Program, designed to foster the growth of an active and committed validator ecosystem.
The Persistence Foundation will delegate a share of XPRT tokens (250,000–700,000 tokens per validator) to validators which demonstrate commitment to adding value to the Persistence ecosystem.
Contribute to our success on our journey to usher in a new financial paradigm and together we will thrive.
Read the rest of this article on our official blog: https://bit.ly/3OcDzoh
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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