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Persistence

XPRT

  • Layer1
  • DeFi
  • Infra
Established Year
2019
Headquarter
Singapore
Operating Status
Active
Persistence is a Tendermint-based Layer-1 network that powers an ecosystem of DeFi products. It is aimed at making liquid staked assets the default assets of the PoS economy. Additionally, Persistence enables exposure to multiple asset classes such as Liquid Staking (pSTAKE), NFTs (Asset Mantle), and Synthetics (Comdex).

Organisation

Financial Portfolio

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Frequently Asked Questions

What is Persistence?

Persistence is a Tendermint-based, specialized 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 assets, 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.