Image for post
Image for post

Persistence’s fourth StakeDrop campaign on Matic Network will launch on the 18th of January 2021, when Magic Transactions go live, with reward allocations beginning on the 20th.

MATIC holders can stake their tokens today and send the Magic Transaction from the 18th to earn XPRT rewards right from the start of the campaign.

The steps for participating in the Matic StakeDrop are similar to that of the previous StakeDrops but with some minor differences which we will discuss below.

This tutorial shows MATIC holders how to stake their MATIC tokens using the Staking Dashboard of the Matic Web Wallet and earn staking rewards. It will also walk you through sending the Magic Transaction to begin earning XPRT tokens, on top of their MATIC rewards, as part of Persistence’s StakeDrop. …


Image for post
Image for post

We’re back with yet another StakeDrop campaign, and this time it’s the Layer 2 leader Matic Network under the spotlight!

Matic Network is a Layer 2 scaling solution that achieves scale by utilizing sidechains for off-chain computation while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators.

A total of 200,000 of Persistence’s XPRT tokens (worth $50,000 at the most recent valuation), will be allocated for distribution to MATIC stakers during the campaign. …


Image for post
Image for post

Within the cryptosphere, DeFi is beginning to blossom. The amount of value locked in DeFi protocols has risen sharply to well over $20B, with the overall stablecoin market capitalization multiplying from $5B in February of 2020 to $32B currently. DeFi, however, will remain a drop in the ocean compared to traditional financial markets whilst it’s confined exclusively to the realm of crypto assets.

The collective market cap of the crypto industry is less than 0.01% of the traditional economy. For the blockchain and crypto industry to reach the multi-trillion dollar mark and truly thrive, we need to move beyond the ‘speculative’ phase into the ‘value creation phase’ by solving real-world problems via asset tokenization. …


Image for post
Image for post

December marked the close of a monumental year for Persistence. We came out of stealth with Persistence in January of 2020 and we have achieved more than we even could have imagined during this past year.

Despite any curve balls the year’s thrown at us we’ve grown, pressed on, and kept building towards the future as we explore new possibilities for cross-chain financial products. None of this can happen without you all.

In December we continued to roll out our StakeDrop campaigns, which have been gaining huge momentum and have not only helped to secure our partner networks but have also been instrumental in generating awareness of Persistence among the wider crypto community.


Image for post
Image for post

12월 19일에 론칭하는 세번째 스테이크 드롭 켐페인에 대해 최근 소식을 전해드렸었죠. 루나 홀더들이라면 19일이 아닌, 17일부터 스테이크 드롭에 참여하실 수 있게 되었습니다.

여기에서 전체 세부 사항을 읽으십시오.

세번째 테라 스테이크드롭은 25일간 열릴 예정 입니다. 테라 스테이크드롭을 위한 매직트랜잭션은 12월 17일 202, 12:30 PM IST (block height: 1,003,400) 에 시작 될 예정입니다. 매직 트랜잭션을 완료하신 스테이커들 및 위임자들 께서는 block height 1,003,400 부터 론칭 즉시 XPRT보상을 받으실 수 있습니다.

아래에서 비디오 자습서를 찾을 수도 있습니다 (영문).

참여 방법은요?

스테이크 드롭에 참여하시기 위해서는 두가지 액션을 아래와 같은 순서를 따라 진행하시면 됩니다 …


Image for post
Image for post

We recently announced our third StakeDrop campaign launching on the Terra Network on December 19th. LUNA holders and stakers may begin participating in StakeDrop as early as the 17th of December, 2020.

Read the full details here:

The Terra StakeDrop campaign will run for approximately 25 days.

Magic Transactions for the Terra StakeDrop will go live on December 17, 2020, around 12:30 PM IST (block height: 1,003,400).

Stakers and delegators can send in their Magic Transactions after block height 1,003,400 to receive XPRT rewards as early as possible post-launch, December 19th.

Video Tutorial for Persistence StakeDrop on Terra Network

How to Participate?

To participate in StakeDrop, users only need to perform two actions in the following chronological…


Image for post
Image for post

Cosmos 와 KAVA 스테이크 드롭 켐페인을 성황리에 마쳤습니다. 세번째 스테이크 드롭 켐페인은 Terra (LUNA/루나)에서 12월 19일에 론칭됩니다.

“삼세번의 마법, 행운의 3”이라는 말이 있죠. LUNA 스테이커 여러분과 함께 이 특별한 세번째 스테이크 드롭의 마법을 함께 나누고 싶습니다.

테라 스테이크드롭에 참여하기 위한 매직트랜잭션은 12월 17일에 시작됩니다. 루나 홀더라면 활동하고 있는 valdidator 를 통해 토큰들을 스테이킹하여 XPRT 토큰과 스테이킹 보상을 얻어가실 수 있습니다. 테라는 가격 안정형(price-stable(, 성장추구(growth driven) 스테이블 토큰 프로젝트 입니다.

Terra 스테이크 드롭 주요 정보 :

• 총 보상액: 100,000 XPRT ($25,000 마지막 밸류에이션 기준 …


Image for post
Image for post

After the successful completion of our Cosmos and Kava StakeDrop campaigns, the third StakeDrop campaign on Terra (LUNA) will be launched on 19th December 2020!

‘Third time’s the charm’, as they say, and we can’t wait to begin spreading the magic to LUNA stakers!

Magic Transactions to register participation in the Terra StakeDrop will go live on 17th December. LUNA holders can stake their tokens on the Terra network with any active validator to earn XPRT tokens in addition to the staking rewards.

Terra is a price-stable and growth-driven stablecoin project.

Video Tutorial for Persistence StakeDrop on Terra Network

Key Terra StakeDrop Details:

  • Total rewards: 100,000 XPRT ($25,000 based on the latest…


Image for post
Image for post

For insights into our progress on our mission to usher in the next generation of blockchain-powered financial products, we invite you to read our community newsletter covering all areas of our activities in November.

After our successful raise of $3.7 million during our funding rounds last month, we are now pursuing our mission with full vigour.

Our Cosmos StakeDrop campaign concluded with impressive results, we launched our second StakeDrop campaign on Kava which has gained huge traction already, we’ve forged various partnerships with valuable industry players, and we’re continuing to ramp up our community outreach efforts.

Major Highlights

Persistence Partners With Oracle Provider Razor Network


Image for post
Image for post

Persistence’s second StakeDrop campaign on Kava will launch on the 26th of November, 2020.

Magic Transactions went live at 12:00 AM PST 23rd November. KAVA holders can stake their tokens today and send the Magic Transaction to earn XPRT rewards right from the start of the campaign.

The steps to participate in the Kava StakeDrop campaign are identical to that of the Cosmos Network campaign. The Cosmos Network Campaign was a huge success, with less than 24 hours to go as of the time of writing.

This tutorial shows KAVA holders how to stake their KAVA tokens using the Trust Wallet and earn staking rewards. It also walks them through how to send the Magic Transaction to also begin earning XPRT tokens, on top of their KAVA rewards, as part of Persistence’s StakeDrop. …

About

Persistence

Protocol powering Institutional Open Finance

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store