Persistence is a Tendermint-based Layer-1 network specially designed to support DeFi applications and unlock the liquidity of staked digital assets. Powered by blockchain technology, the Persistence ecosystem applications power staking and the DeFi market by offering liquid staking and supporting native assets of PoS projects.
The Persistence Core-1 chain aims to power an entire DeFi ecosystem by creating innovative use cases and driving the adoption of decentralized finance. The project focuses on DeFi applications beyond existing DeFi primitives in the market that can effectively bridge the gap between traditional finance and DeFi.
pSTAKE, Persistence’s very own liquid staking protocol, lets users stake PoS tokens without locking up liquidity. The platform supports ETH, BNB, ATOM, SOL, and AVAX liquid staking.
XPRT is the native token of the Persistence ecosystem. It is required for bootstrapping applications, driving network adoption, and securing its infrastructure via staking. XPRT can also be staked to participate in the decentralized governance process of the Persistence network.
