Liquidity of Staked Assets made accessible through pStake
13 Jun 2021 | 21:56 pm
pSTAKE allows PoS token holders to securely stake their network tokens through the pStake app to earn commitment rewards while simultaneously receiving 1:1 linked stkTOKEN, representing compromised tokens on the Ethereum network. The token can then be used in various DeFi applications to generate additional revenue.
COMDEX: Democratizing Commodities
07 Jun 2021 | 17:23 pm
Comdex aims to provide users access to commodity assets, on-chain, which have inherent and tangible value. The Comdex Trading Platform for agricultural commodity synthetics and the ShipFi Debt Financing platform are both built on the Cosmos-based chain. The platform is built on top of the Mirror Protocol which is a framework focused on the creation and active trading of synthetic assets.
Understanding Proof of Stake & Liquid Staking: The Evolution of PoS
07 Jun 2021 | 08:17 am
Proof of Stake (PoS) is an alternative algorithm to Proof of Work (PoW). PoS networks require users to lock up their capital in the form of the network’s coins in order to keep the network running and secure. PoS protocols capture over 33% of the total cryptocurrency market capitalization, which is over $500B.
Building Ecosystem of Liquidity, Institutional DeFi and NFT products
04 Jun 2021 | 06:06 am
Persistence aims to become the gateway to DeFi by enabling flow of various assets (such as PoS assets, real-world assets) into DeFi growing the liquidity and accessibility. Persistence is backed by industry heavyweights including Terra, Tendermint, Interchain Foundation, Alameda Research, Arrington XRP Capital, IOSG Ventures, Spark Digital Capital, LuneX Ventures, Ledger Prime and prominent industry personalities Richard Ma and Danish Chaudhry.
This Is How We Create Synergy Together and Keep It Going
04 Jun 2021 | 06:03 am
DSRV and Persistence have co-authored an article about how they create synergy together as trusted partners for the future growth. DSRV is a complete package with expertises and experiences. Persistence is an interoperable protocol built to facilitate the creation of next-gen financial products.
Community Newsletter #8 — May 2021
02 Jun 2021 | 12:51 pm
Persistence’s staked XPRT percentage rose above 89% in May, our network surpassed 50,000 transactions, Comdex surpassed $100 million in transactional volume, and we introduced our highly anticipated liquid staking product launching in June. We’re about to disrupt the $500+ billion PoS ecosystem. We encourage everyone to read over our many achievements of the past month.
Persistence (XPRT) live coin price, charts, markets & liquidity
31 May 2021 | 12:08 pm
Persistence's (XPRT) price is down 0.700,000% in the last 24 hours. Persistence is currently ranked as the #3741 cryptocurrency by market cap. The ICO launched on March 31st 2021 and raised $450,000. It is currently trading on 2 exchanges with a 24hr trade volume of $1,132,080.
Why Blockchains Need Cosmos Proof of Stake for a Sustainable Environment
27 May 2021 | 14:05 pm
The energy debate surrounding Proof of Work (PoW) blockchains like Bitcoin and Ethereum is nothing new. The main problem with PoW blockchains is the high amount of computational power required to solve the mathematical equations and secure the network. Running the Bitcoin network for one year uses approximately the same amount of energy as the Netherlands or Argentina.
26 May 2021 | 12:45 pm
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How Persistence Is Blazing Trail in DeFi | Coinspeaker
21 May 2021 | 10:20 am
Having obtained a diploma in Intercultural Communication, Julia continued her studies taking a Master’s degree in Economics and Management. Becoming captured by innovative technologies, Julia turned passionate about exploring emerging techs believing in their ability to transform all spheres of our life.
Staking Support is Live for Persistence
20 May 2021 | 17:20 pm
Chorus One has announced its support for staking on Persistence, a network that is attempting to create an interoperable marketplace for institutional asset transfer. Chorus and Persistence have a deep understanding of the intricacies of many networks and will be able to share that knowledge with each other to improve upon Persistence’s own network.
Cosmos DeFi is Heating Up with Launch of Persistence
11 May 2021 | 12:45 pm
Persistence is an ecosystem of institutional and crypto-native DeFi and NFT-focused products. The project delivers a tech stack providing the infrastructure to effectively bridge traditional finance and DeFi in a variety of areas. Comdex is the first product and has already handled over $65 million in transaction volume.
Introducing the Guardians of Persistence Ambassador Program
06 May 2021 | 16:22 pm
Persistence has launched the Guardians of Persistence ambassador program. The program aims to bring DeFi & NFT users and enthusiasts to the Persistence ecosystem by networking and combining forces to make our name known. Members will be compensated in XPRT tokens for their work. Each task will be rewarded with a specific amount of $XPRT and a multiplier for each task completed.
Community Newsletter #7 — April 2021
06 May 2021 | 13:38 pm
XPRT was listed for trading on AscendEX (formerly BitMax) with a XPRT/USDT trading pair on April 1st. In preparation for the imminent launch of Gravity DEX on the Cosmos mainnet, a week-long testnet competition is currently taking place, with over $200,000 worth of prizes up for grabs!
Persistence — a New Paradigm of Blockchain-Driven Open Finance
03 May 2021 | 07:11 am
Persistence is an open blockchain platform that combines all three key sectors of the economy: Decentralized Finance (DeFi), Open Finance (OpFi), and Centralized Finance. It aims to bridge the gap between the traditional economy and the crypto industry and provide investors with access to tokenized products and services. The platform provides next-generation financial products.
How to Delegate XPRT in Persistence Wallet
01 May 2021 | 11:53 am
Persistence is an open blockchain platform created to finance private business and bring together three sectors of the modern economy: Decentralized Finance, Open Finance, and Centralized Finance. The Persistence team successfully held a token sale on April 1. Now any user can purchase XPRT and stake it in their Persistence Wallet.
XPRT Staking on AscendEX
28 Apr 2021 | 23:30 pm
AscendEX, formerly BitMax, has announced the staking of the Persistence token (XPRT) on April 27 at 2:00 p.m. UTC. The XPRT token secures the network through staking, is used to pay for fees, and defines the weightage of the vote for governance proposals to make critical decisions regarding Persistence main chain’s evolution.
How to create your personal Persistence(XPRT) account on Cosmostation Wallet (iOS/Android/Web).
27 Apr 2021 | 03:11 am
Cosmostation and Persistence have entered into a strategic partnership to work together on building a global platform for decentralized finance. As an ecosystem partner, Cosmostation will be securing Persistence as a validator node operator and support Persistence on Cosmostated Mobile (iOS/Android) and Cosmostate Web Wallet.
Cosmostation and Persistence Announce Strategic Partnership
27 Apr 2021 | 03:10 am
Cosmostation and Persistence have entered into a strategic partnership to secure Persistence’s public network that powers the ecosystem of financial products serving institutional and crypto-native users. Cosmostation will participate in the Persistence ecosystem as a validator node operator and end-user application provider.
CEO of Persistence Featured in Forbes' 30 Under 30 | Coincurb
21 Apr 2021 | 13:11 pm
Tushar Aggarwal, Founder & CEO of interoperable blockchain protocol Persistence, has ranked among Forbes’ list of the 30 Asian visionaries in the ‘Finance and Venture Capital’ category. Persistence is an interoperable protocol powering a suite of next-gen financial products, spanning niches ranging from DeFi to NFTs.
Visualizing the Power Consumption of Bitcoin Mining
20 Apr 2021 | 00:00 am
The annual power consumption of the Bitcoin network was estimated to be 129 terawatt-hours (TWh) on March 18, 2021. If Bitcoin were a country, it would rank 29th out of a theoretical 196, narrowly exceeding Norway’s consumption of 124 TWh. The Bitcoin network consumes 1,708% more electricity than Google.
Persistence Foundation Validator Delegations Program: Fostering a Strong & Committed Validator…
14 Apr 2021 | 17:42 pm
The Persistence Foundation has launched a validator program for the Persistence Core-1 Mainnet. Foundation delegations will range from 250,000–700,000 XPRT tokens per validator for selected validators. The validators will receive a percentage of their delegators’ staking rewards in return for their service.
StakeDrop Rewards Distribution Mechanism Explained: Get Ready to Stake Your XPRT!
13 Apr 2021 | 14:14 pm
XPRT StakeDrop participants will now be able to stake their XPRT tokens while they’re locked for 35%+ APR! This is in addition to the current network staking rewards they're earning. Stake drop rewards were planned to be distributed as an ERC20 version of the XPR
Community Newsletter #6 — March 2021
10 Apr 2021 | 10:52 am
Persistence launched its mainnet in March, conducted XPRT’s long-anticipated TGE, completed token auctions on AscendEx (formerly BitMax), and launched staking with rewards of 35% APR for the first year. We also hosted Proof-of-Stake: The New Paradigm, one of the year's biggest PoS events. We’re honored to have each and every one of you along with us.
Persistence (XPRT) Staking Guide
01 Apr 2021 | 04:47 am
XPRT staking on the Persistence network launched on April 1st, 2021, offering rewards of 35% APR for the first year. Staking will begin via the native Persistence wallet found here: https://wallet.persistence.one/ To learn how to create a wallet, please read this guide.
Persistence (XPRT) Wallet Guide
01 Apr 2021 | 04:39 am
How-to guide on how to set up a Persistence wallet for XPRT staking. This guide will help you understand all of the important functions of the Tendermint-based Persistence Wallet. It will also help you set up your private key (KeyStore file) or Mnemonic to send.
The Persistence Mainnet is Launching on March 30th! Introducing Our World-Class Genesis Validators
29 Mar 2021 | 11:36 am
Persistence’s mainnet is going live on March 30th. The network will launch with 16 genesis validators along with 5 Foundation nodes (a total of 21 validators). The network runs on a delegated Proof-of-Stake based Tendermint PBFT consensus engine. Stakers will receive rewards in the form of XPRT in return for contributing to the security of the network.
XPRT Auctions on AscendEX Explained
26 Mar 2021 | 14:54 pm
AscendEX is set to launch its token sale on March 31, 2021. The sale will take place in the format of two auctions (the Standard Auction & the Uncapped Auction). The auction format and sale details, as outlined in AscendEX’s sale details page, are explained below.
XPRT Token Sale To Launch on AscendEX (Formerly BitMax) on March 31st: Full Details
25 Mar 2021 | 13:06 pm
Persistence is launching a public sale of 1,000,000 XPRT tokens on AscendEX (formerly BitMax) on March 31st. The sale will take place in auction format, with 1% of the total supply available in total. Stakers will be able to participate in staking to secure the Persistence main-chain.
XPRT Tokenomics and Utility: Powering the Persistence Ecosystem
25 Mar 2021 | 11:15 am
XPRT token holders will be able to take part in protocol governance by issuing proposals and voting on various factors which will impact the broader Persistence ecosystem. As a ‘work’ token, XPRT will accrue value in direct correlation to increased financial activity within Persistence’s ecosystem dApps. Stakers will receive rewards in the form of XPR
Estimating AWS EC2 Instances Power Consumption
25 Mar 2021 | 10:56 am
AWS' c5 instances were initially launched in 2017 with the c5.18xlarge being the largest instance within the family. We simulated several kinds of workloads and measured memory and CPU consumption on five bare metal instances. Using these hardware specifications we tried to find comparable servers in the SPECpower database.
Community Newsletter #5 — February 2021
08 Mar 2021 | 13:17 pm
Persistence is set to launch a public sale of XPRT in Q1 of 2021. The company has been expanding its product ecosystem in stealth over the last few months. We’ve surpassed 20,000 followers on Twitter and established a plethora of new regional communities. We will continue to build out our product ecosystem to provide new opportunities for crypto-native users.
How Persistence is Ushering in a New Era of Next-Gen Financial Products
22 Feb 2021 | 22:19 pm
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. Using the features of blockchain technology, Persistence can solve the current problems of traditional finance, thus opening the floodgates to allow a torrent of new capital.