Last updated 24/10/2022
Official Website: https://persistence.one/
Exposure to a variety of asset classes, including liquid staking (pSTAKE), non-fiduciary transactions (Asset Mantle), and synthetics, is made possible via persistence (Comdex). The goal of Persistence is to develop an ecosystem of multi-chain Web3 products that will facilitate seamless value exchange and promote global liquidity.
The Tendermint BFT consensus engine powers the Proof-of-Stake chain that composes Persistence's Core mainnet. Developers may build DEXs, marketplaces, lending/borrowing platforms, and other services thanks to Persistence's multi-chain tech stack, which abstracts away the difficulties for chains built on Tendermint, Ethereum, and other platforms.
Along with the most prominent Proof-of-Stake networks and foundations, Persistence is also working on creating inter-chain NFT and Metadata standards. One of the forerunners in the Proof-of-Stake field, Persistence assists emerging PoS networks through its validator arm AUDIT.one.
There are now 4 applications under Persistence, some of which are live. Persistence runs at the interface of DeFi, NFTs, and Proof-of-Stake.
Deepanshu Tripathi and Tushar Aggarwal (CEO) founded Persistence in Q2 of 2019. (CTO). Prior to starting Persistence, Tushar was the first employee of LuneX Ventures, the cryptocurrency unit of traditional Singapore VC Golden Gate Ventures, where he assisted in the establishment of the region's first legally recognised Crypto VC fund. A three-person team led by Deepanshu developed a unified payment acceptance platform that Reliance white-labelled (financiers including Facebook, etc.) before selling it to an African fintech business for $9,000,000. The Persistence team presently consists of 25 people, including developers from IIT-Bombay, India's most prestigious technical institute, and other leading Indian technology institutes.
A user-friendly option to keep your $XPRT secure can include MetaMask, a leading browser wallet extension popular amongst DeFi platforms and highly praised by developers. Users can integrate with the network’s Liquidity Mining pools by connecting to their MetaMask wallet.
Atomic Wallet is a popular custodial wallet option that can hold a wide variety of cryptocurrencies such as XPRT making it highly desirable for users who wish to have a varied portfolio.
Other wallets include:
If you are looking for an offline storage solution we recommend the leading hardware provider Trezor.
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Website: https://persistence.one/
Block Explorer: https://cosmoscan.net/persistence
Twitter: https://twitter.com/PersistenceOne
Medium: https://medium.com/persistence-blog
Disclaimer: The information provided in this article is intended for informational purposes only. It is the readers responsibility to complete their own research and due diligence.