Persistence September update

Barineka
3 min readOct 22, 2021

September has been a great month for persistence, they had their engines primed to launch pSTAKE in conjunction with Alpha Finance after repeatedly surpassing all expectations during the capped launch.

To celebrate, they started an Airdrop campaign and hosted a pSTAKE launch party, which reached its registration limit within 90 minutes of the announcement going live!

The Persistence team were also proud supporters of the ‘HackARThon’ in conjunction with ArtBasel supporting innovation in the art market with NFT development. This sector will become increasingly important to XPRT stakers as the development of Asset Mantle heats up in the coming months.

In addition, they crossed $47 Million TVL on Osmosis, held a governance vote, XPRT was listed on Kucoin & Huobi as we continued to gain media attention, they were also featured in numerous publications such as this article on the merits of Liquid staking by Cointelegraph.

This is just a tip compared to what is in store for October!

Major Highlights:

« On 8th September, XPRT was listed on Huobi Global. This represents a massive achievement for the Persistence team. In celebration alongside Huobi, they launched a trading competition with $50,000 in XPRT up for grabs.

« Tushar attended India’s largest Blockchain & crypto summit to raise awareness of the opportunities in crypto.

« We announced the $PSTAKE token Airdrop campaign for XPRT & ATOM holders.

« In yet another sign of the traction we are gaining within the trader community, XPRT was listed on Kucoin

« Persistence announced a powerful collaboration with the Alpha Finance launchpad to support the launch of the pSTAKE protocol.

Ecosystem Updates:

« On 1st september, Persistence joined forces with Elrond via AUDIT.one, $EGLD holders can now delegate to AUDIT.one, in a completely non-custodial manner, to earn up to 25% APY.

« Persistence joined LUMAS & Solana Labs in the world’s first ‘HackAThon’ in conjunction with ArtBasel.

« Sifchain DEX has Launched XPRT Trading and Liquidity Pools.

« Product and Community:

« On 3rd September, Friends at Everstake Created Two New XPRT Staking Guides for Keplr

« Unveiled the use case for pSTAKE token with this insightful medium article that digs into the details.

« Held a governance vote on increasing the validator set from 50–75, ensuring that network remains strong as we accommodate growing demand.

« They crossed $47Million TVL with $XPRT on Osmosis DEX. This represents a great sign of a growing community of investors, traders, and stakers.

« pSTAKE’s uncapped version went live!

« Held an incredible pSTAKE launch party, and registrations filled up after only 90 minutes of the announcement going live! Tushar and several members of the Persistence team gave insights and interacted with community members.

Media Coverage and Features:

« DeFi Times interviewed the founder, persistence protocol, Tushar Aggarwal, exploring developments in the Persistence & broader Cosmos ecosystems.

« The founder, Tushar Aggarwal joined Staking Rewards on an episode of their show Staking Mondays.

« In further proof, they’d continue to gain media attention; and was featured in this Cointelegraph article on the merits of Liquid Staking.

« Moreover, they were in an article by Forkfast News on how DeFi can unlock liquidity & boost rewards.

« Tushar was invited to speak on the Devi podcast, giving his insights on defining robust technologies.

« Held an exciting AMA with the Vietnamese community via the Crypto Viet channel.

Stay tuned for more and even bigger this October

Know More: https://persistence.one

Twitter: https://twitter.com/PersistenceOne

Official Blog: https://medium.com/persistence-blog

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Barineka

Crypto Evangelist | Smartphone photographer | Geologist |Project manager| Digital Marketer|