Persistence raised $3 M in a new round of funding on 2020-10-01.

Persistence: Innovator of liquid staking and re-staking in the Cosmos ecosystem Persistence is one of the first application chains in the Cosmos ecosystem to enable IBC, CosmWasm, and liquid staking modules. By focusing on POS and liquid staking related products, this project has built a complete liquid staking and re-staking framework for the Cosmos ecosystem. On December 5, 2023, the Cosmos community voted to allocate 600,000 ATOM to pSTAKE for liquid staking growth. pSTAKE will share 15% of the liquid staking revenue with Cosmos Hub. Persistence Ecosystem Overview According to official data, the TVL of the Persistence ecosystem has reached $14.78 million, with an IBC trading volume of $15 million in the past 30 days and an average transaction cost of less than 0.

Persistence is deeply cultivating liquid staking and re-staking innovations in the Cosmos ecosystem. Persistence one($XPRT) is one of the application chains in the Cosmos ecosystem that enabled IBC, CosmWasm, and liquid staking modules early on (LSM). By continuously optimizing POS and liquid staking-related products, it has built a complete liquid staking and re-staking architecture for the Cosmos ecosystem. On December 5, 2023, the Cosmos community voted to approve a proposal to allocate 600,000 ATOM for the growth of liquid staking for pSTAKE. According to the agreement, pSTAKE will share 15% of the liquid staking revenue with Cosmos Hub. Persistence Ecosystem Overview According to official data

Persistence: Innovations in liquid staking and re-staking within the Cosmos ecosystem Persistence is one of the early application chains in the Cosmos ecosystem to enable IBC, CosmWasm, and the liquid staking module (LSM). By deeply cultivating POS and liquid staking-related products, it has built a complete liquid staking and re-staking architecture for the Cosmos ecosystem. On December 5, 2023, the Cosmos community voted to pass a proposal to allocate 600,000 ATOM for the growth of liquid staking for pSTAKE. pSTAKE will share 15% of the liquid staking revenue with Cosmos Hub. Persistence Ecosystem Overview According to official data, the total locked value of the Persistence ecosystem ( TVL ) reached 14.78 million USD, with an IBC trading volume of 150 in the last 30 days.

Persistence leads innovations in liquid staking and redelegation within the Cosmos ecosystem, building a complete architecture and promoting development through shared revenues with Cosmos Hub. Its infrastructure and technical support ensure network security, enhance asset liquidity and participation, thereby strengthening the overall decentralization of the ecosystem.

How does the Persistence chain affect the development of liquid staking and re-staking in the Cosmos ecosystem? Persistence one is one of the early application chains in the Cosmos ecosystem to enable IBC, CosmWasm, and liquid staking modules. By deeply cultivating POS and liquid staking related products, this project has built a complete liquid staking and re-staking architecture for the Cosmos ecosystem. On December 5, 2023, the Cosmos community voted to allocate 600,000 ATOM for the growth of liquid staking for pSTAKE. pSTAKE will share 15% of its liquid staking revenue with Cosmos Hub. Persistence Ecosystem Overview According to official data, the TVL of the Persistence ecosystem is approximately $14.78 million, with an IBC trading volume of $15 million in the past 30 days, averaging transactions.