REVIEW OF LAST WEEK ON PERSISTENCE
Persistence is a protocol powering institutional open finance.
It's been another amazing week for the persistence protocol team. They reached a new dashing. A lot of amazing feats have been achieved.
This article gives brief updates on all that went on in recent times.
REVIEW OF THE LATEST DEVELOPMENTS IN PERSISTENCE
- Announcement of pSTAKE treasure hunt winners: Thousands of submissions came in for the treasure hunt that went on and winners were announced.
2. $XPRT Liquidity on Osmosis DEX exceeds $20 million: $XPRT exceeded a block height of 2,000,000 which shows the project's steady and consistent growth and it can be purchased on Osmosis now.
3. New Article Alert: DeFi Times gave an update on a new article on Moving from speculation to value creation with persistence. In this article, Persistence was talked about in detail as an ecosystem of financial products. Also the transformational impact of persistence on the global markets was discussed. The article can be viewed here: https://t.co/0tB4ZTq8D9 https://t.co/D3Yuil7q3W
4. pSTAKE also has reached a new height of $1M in TVL
They have over 65000 $ATOM staked on pSTAKE, receiving APR while securing the cosmos network (pstake.finance). Before now, Crypto enthusiasts had to choose between staking and DeFi. Now with pSTAKE’s liquid staking solution, users can participate in both worlds at the same time with their tokens and they can stake their PoS assets with the most efficient liquid staking product.
These advancements are indeed great feats and the team has done great in recent times. We expect to see more from the team in the coming months as the project continues to soar!
Persistence is an interoperable protocol built to facilitate the creation of next-gen financial products. The Persistence tech stack provides the infrastructure to effectively bridge the realms of DeFi and traditional finance in a variety of areas, whilst also enabling the creation of innovative crypto-facing solutions to expand the DeFi and NFT sectors.
Follow the Persistence social outlets to stay up-to-date with the latest developments.