Persistence (XPRT) offers liquid staking and DeFi applications for PoS assets, unlocking staking rewards. More
| Fully Diluted Valuation | $9.12M |
|---|---|
| 24H Trading Volume | $970,148 |
| 24H Low / High | $0.04 / $ 0.04 |
| Circulating Supply | 235.50M |
| Total Supply | 236.56M |
| Max Supply | 403.31M |
| Categories | Liquid Staking Governance Tokens 10 more |
|---|---|
| Founder | Tushar Aggarwal 1 more |
| Website | persistence.one |
| Socials | 3 more |
| Chains | Ethereum Ecosystem 5 more |
| Explorer | Ethplorer 9 more |
| Contracts |
0xd45....f40c4
5 more
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| Name | Pair | OG Score |
|---|
Persistence (XPRT): A Gateway to Liquid Staking and DeFi
Persistence is a decentralized blockchain platform founded in Q2 2019 by CEO Tushar Aggarwal and CTO Deepanshu Tripathi. The platform officially launched in January 2020, with a mission to unlock the liquidity of staked assets and become a leading liquid staking hub for PoS users.
The Persistence Core-1 Chain
The Persistence Core-1 chain serves as the foundation for the platform's ecosystem, enabling the issuance and deployment of liquid-staked assets (stkASSETs) via pSTAKE. This allows users to earn staking rewards while participating in DeFi activities such as borrowing, lending, and providing liquidity on decentralized exchanges.
Strategic Partnerships and Fundraising
Persistence's journey has been marked by strategic partnerships and fundraising efforts. The platform partnered with Comdex to create a decentralized commodity marketplace, integrating it into the network as a third-party Dapp via Persistence's SDK. This partnership provided crucial fundraising for Persistence's development.
Milestones and Achievements
Persistence achieved a significant milestone in March 2021 with the launch of its mainnet, establishing itself as a true Layer 1 network. The platform also introduced pStake, a liquid staking solution that allows users to mint 1-to-1 pegged tokens for their staked assets, enabling them to earn yields in the wider DeFi ecosystem.
Future Expansion with AssetMantle
Looking ahead, Persistence plans to expand its ecosystem with the introduction of AssetMantle, a marketplace for NFTs. This project aims to offer creators a platform to set up their own store, with multichain access, fiat, and token payments, and low minting fees.
The XPRT Token
At the core of Persistence's ecosystem is the XPRT token, serving as the native token of the platform. Staking XPRT provides exposure to various asset classes within Persistence's ecosystem and allows stakers to participate in the platform's governance process.
Persistence's innovative approach to liquid staking and DeFi has positioned it as a key player in the blockchain space. With a strong focus on expanding its ecosystem and offering diverse use cases, Persistence is well-positioned to become a leading platform in the world of decentralized finance.
Persistence stands out for its focus on unlocking the liquidity of staked assets through its pSTAKE protocol, offering users the ability to earn staking rewards while participating in DeFi activities.
Persistence was founded by CEO Tushar Aggarwal and CTO Deepanshu Tripathi in Q2 2019, with the project officially launching in January 2020.
You can buy Persistence One (XPRT) on Gate.io, HTX, KuCoin, AscendEX (BitMax), CoinEx cryptocurrency exchanges.
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