Persistence One Official Announcements

2021-07-15 15:10:52 #pSTAKE #TVL #ATOM

pSTAKE's TVL Rockets Past $100K in Under 24 Hours as Momentum Increases! Strap in for Early User Incentives

ATOM holders are flocking to pSTAKE to unlock liquidity for their assets; in less than 24 hours from launch pSTAKE has amassed over $100K in TVL (total value locked)!

The first week cap of 50K ATOM is being filled fast! Don't miss out, history is being made. Unlock liquidity for your ATOM here!

Stake ATOM via pSTAKE for 7% APR in staking rewards while being able to use your staked assets in DeFi on Ethereum. Winning!

If you're sitting on the sidelines then you're missing out! There will be huge incentives for early platform users.

While much of the market is sleeping, we're pushing forward to unlock the full potential of PoS and DeFi.

Find out more about our Beta release here and experience the power of pSTAKE today.

Spread the word: https://twitter.com/pStakeFinance/status/1415644206807326722

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2021-07-14 15:31:14 #pSTAKE #DeFi #ATOM #Ethereum

Blast Off Initiated! The Beta of pSTAKE's Liquid Staking Solution is Now Live on Mainnet

pSTAKE is unleashing a flood of locked liquidity from the $630+ billion PoS ecosystem, unlocking the true potential of DeFi.

pSTAKE has launched with support for Cosmos (ATOM), enabling $ATOM holders to interact with a vast array of DeFi applications on Ethereum while staking their ATOM via pSTAKE.

Experience liquid staking: app.pstake.finance

The future is multi-chain; pSTAKE is planning to support major Proof-of-Stake chains to revolutionize the entire PoS terrain.

Unlock liquidity for your staked assets. Try pSTAKE for yourself today!

Security audits are still underway. Use only at your own risk.

Persistence really does pay off!

Spread the word: https://twitter.com/pStakeFinance/status/1415284993526571008

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2021-07-12 10:55:19 #CosmosHub #Upgrade

One Big Update Before pSTAKE's Beta Release!

The Cosmos Hub is undergoing an upgrade today (July 12th). Once the update has occurred, pSTAKE's Beta release will commence.

Please note, that we always have our communities well-being at the top of our list. Our team wants to ensure the launch goes as smooth as possible, and waiting till after the upgrade will help to make this happen.

Unfortunately, we do not know the exact time of day that the upgrade will occur. On a positive note, everyone now has a little more time to prepare for our highly anticipated launch.

If you haven't done so, take the time to read over the details of the Beta launch, and while we all wait also try out our Alpha release.

Spread the word: https://twitter.com/pStakeFinance/status/1414493348560134151?s=20

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2021-07-10 17:44:18 #EcosystemWeek #Validators #Growth

Persistence’s Network Continues to Strengthen as More Leading Validators Onboard

The Persistence network is continuing its rapid growth with a current total of 83 validators! Since our mainnet launch with our world-class Genesis Validators, we have welcomed several other highly esteemed validators including Chorus One, InfStones, Citadel.one, and more!

Our ecosystem of leading global validators collectively now has over 84% of the total XPRT token supply under delegation by the Persistence community, helping to further secure the network:

91M+ bonded (staked) XPRT
~$700M USD value bonded on the network

We’re thrilled to have the world's top validators securing the Persistence mainnet and we look forward to the continued growth of our ecosystem!

Learn how to stake XPRT for 35%+ APR.

Spread the word: https://twitter.com/PersistenceOne/status/1413871417318273036

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2021-07-09 15:49:44 #pSTAKE #DeFi #ATOM #Ethereum

Prepare for Liftoff! The Beta of pSTAKE's Liquid Staking Protocol is Launching on Mainnet on July 12th

Launch date: July 12th, 2021 at 12:00 PM UTC

pSTAKE will launch with support for Cosmos Network, enabling $ATOM holders to interact with an array of DeFi applications on Ethereum while staking their ATOM via pSTAKE.

To ensure a smooth rollout, initial deposit caps will apply at both overall and individual levels. The caps will increase weekly for 5-6 weeks when they will be removed.

Early user incentives active at launch include 0% wrapping and service fees - though validator commissions will still apply.

Security audits are still underway. Use only at your own risk.

PoS and DeFi will never be the same again. Persistence really does pay off!

Read the full details: https://bit.ly/3woiv4s

Spread the word: https://twitter.com/pStakeFinance/status/1413479329825136651

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2021-07-08 19:49:21 #pSTAKE #StakingGala

The pSTAKE Staking Gala is Coming to an End Tomorrow. Be Sure to Unstake Your stkATOMs in Time!

Tomorrow at 2 PM UTC marks the close of the pSTAKE Staking Gala and the start of rewards calculations! Participants will be scored using multiple criteria based on their profit percentage and action score.

Reminder: Participants were advised to plan their unstaking transaction 21-24 hours before the end of the competition to ensure they have all their assets in the form of pATOMs, which will be counted towards rewards calculations. Don't delay!

Read more in the Staking Gala ground rules here.

The $20,000 prize pool will be distributed to the lucky winners within 30 days of the competition's conclusion.

Thank you all for attending pSTAKE's Staking Gala and helping us to fine tune our liquid staking solution. Next stop: mainnet launch!

Spread the word: https://twitter.com/pStakeFinance/status/1413177591025053702

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2021-07-08 13:44:42 #CommunityNewsletter

Announcing Persistence’s Community Newsletter #9

The month of June came and went in a flash, while our team forged new paths through the metaverse and pushed forward despite market volatility.

At Persistence we believe there’s no better time to focus on BUIDLing than when the market is uncertain. As you’ll soon read, we certainly lived up to our own mantra, closing out yet another highly successful month.

Find out why we're smashing DeFi Summer here: https://bit.ly/36pnuHz

Highlights include:
pSTAKE's Alpha release went live on the Ropsten testnet
pSTAKE's Staking Gala is live until July 9th
Comdex is ushering in a new paradigm in synthetic assets
Partnering with Injective Protocol to unlock DeFi opportunities
Persistence mainnet surpassed 1 million blocks
TVL of Osmosis XPRT pools skyrocketed
Proof-of-Stake for an environmentally sustainable future

We’re now building towards pSTAKE's mainnet launch this month while continuing to forge valuable alliances and host further community outreach initiatives. We're stronger when we act together and we're grateful for everyone's support!

Get involved in pSTAKE's $20,000 Staking Gala today!

Spread the word: https://twitter.com/PersistenceOne/status/1413086050176622592

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2021-07-07 16:17:12 #Interview #Community #MediaCoverage

The Consensus is In: Tribal Behavior is Out. Cryptocito Asks the Tough Questions Everyone Wants Answered!

In a recent interview, Persistence's CEO Tushar Aggarwal and YouTuber Cryptocito discussed the potential for growing the decentralized finance landscape, including the Cosmos network and bridging it with Ethereum's vast DeFi ecosystem.

In addition, they discussed ATOM staking, the security mechanism behind our pSTAKE liquid staking protocol, and XPRT's liquidity on Osmosis (Cosmos' first decentralized exchange).

Check out the full interview here.

During the engaging session, we also spoke about the many reasons why Cosmos projects don't exhibit the tribal behavior more commonly found in other popular crypto ecosystems.

Interestingly enough, this aligns with what Forbes recently wrote about how Persistence is flying the flag for interoperability and demonstrating maturity in collaborating across chains to improve DeFi as a whole.

Spread the word: https://twitter.com/PersistenceOne/status/1412760669221539842

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2021-07-07 13:32:18 #EcosystemWeek #IRISnet

Persistence and IRISnet Join Forces on Network Security, DeFi & NFT Solutions, and Promotion of the Cosmos Ecosystem

Persistence is cross-delegating with IRISnet to increase the security of both networks. IRISnet has joined Persistence as a validator and Persistence is running a validator on the IRISnet chain under AUDIT.one.

With a strong focus on education, we’ll be collaborating on cross-regional community growth and promotion of the Cosmos ecosystem. We’ll also be joining forces for educational campaigns on interchain DeFi solutions, such as pSTAKE, and interoperable NFTs.

Additionally, our teams are working in tandem to build cross-chain NFT products and further advance the interNFT initiative. Our collaboration also opens the door to further integrations for $XPRT.

Onward to the bright future of interoperability and PoS!

Spread the word: https://twitter.com/PersistenceOne/status/1412720265835028480

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2021-07-06 15:43:10 #XPRT #Staking #AscendEX

AscendEX Increases XPRT Staking Rewards to 34.83% APR!

XPRT holders on AscendEX can now stake their tokens directly on the exchange to earn staking rewards of 34.83% APR!

Staking on AscendEX is an excellent way for those who prefer to hold their tokens on an exchange to get more deeply involved in the Persistence ecosystem and start earning rewards!

AscendEX has been a great ally while we've been building out our ecosystem. We're excited to continue working with AscendEX as we continue to unlock further opportunities for XPRT holders!

Purchase and stake XPRT on AscendEX here.

Prefer to stake with a non-custodial wallet for added security? We’ve got you covered! You can also stake using the Persistence Wallet or Cosmsostation Wallet.

Spread the word: https://twitter.com/PersistenceOne/status/1412390544802816001

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