[Archives] Terra (LUNA) StakeDrop Begins December 19th! $25,000 Worth of XPRT will be Distributed to LUNA Stakers!
After the successful completion of our Cosmos and Kava StakeDrop campaigns, the third StakeDrop campaign on Terra (LUNA) will be launched on 19th December 2020!
‘Third time’s the charm’, as they say, and we can’t wait to begin spreading the magic to LUNA stakers!
Magic Transactions to register participation in the Terra StakeDrop will go live on 17th December. LUNA holders can stake their tokens on the Terra network with any active validator to earn XPRT tokens in addition to the staking rewards.
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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.