Persistence is a decentralized blockchain built on Tendermint, specializing as a Layer-1 solution that supports a growing ecosystem of DeFi applications aimed at unlocking the liquidity of staked assets. Its goal is to establish itself as a comprehensive liquid staking platform, providing a smooth and capital-efficient staking and DeFi experience for Proof-of-Stake (PoS) users. Developers can create innovative applications around liquid staked assets through this ecosystem. The Persistence Core-1 chain enables the issuance and management of liquid-staked stkASSETs via pSTAKE, allowing users to earn staking rewards while engaging in DeFi activities such as borrowing, lending, and liquidity provision on decentralized exchanges. Additionally, with CosmWasm integration, the core-1 chain suppor...
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