[Archives] Announcing the Winners of the pSTAKE Staking Gala

Persistence
2 min readAug 25, 2021

Note: For all the pSTAKE updates, please visit pSTAKE official blog.

We’re excited to announce the winners of the pSTAKE Staking Gala! The Staking Gala was held from July 2nd until July 9th to further refine our liquid staking application before launching on mainnet in July. There was a total rewards pool of $20,000 distributed to the top 100 participants.

We’re truly grateful to all the pSTAKE pioneers who participated in the Staking Gala and congratulations to all the winners! With your support, we were able to further refine our liquid staking solution to make pSTAKE a cut above the rest.

Read the rest of this article on our official blog: https://bit.ly/3N57JbL

About Persistence

Persistence is a Tendermint-based, specialised Layer-1 network powering an ecosystem of DeFi applications focused on unlocking the liquidity of staked assets.

Persistence facilitates the issuance and deployment of liquid-staked stkASSETs, allowing users to earn staking rewards while participating in DeFi primitives, such as lending/borrowing and liquidity provisioning on DEXs.

Persistence aims to offer a seamless staking and DeFi experience for PoS (Proof-of-Stake) users and enable developers to build innovative applications around stkASSETs.

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