Persistence - Protocol Powering Next-Gen Financial Products

Persistence - Protocol Powering Next-Gen Financial Products

Mainnet Persistence fix 1 has as of late been dispatched with a restricted arrangement of painstakingly chose validators to give a smooth dispatch of mainnet and the best wagering experience. Find out about the fruitful dispatch of Mainnet and the elite Genesis regulators here. 

Presently we welcome all invested individuals to dispatch a validator hub for perseverance, which will prompt further decentralization. We endeavor to guarantee the greatest security and unwavering quality of our organization, and our validator biological system assumes a significant part on this front. 

All regulators assume a significant part, yet some go to and from to help network development through different exercises and activities. These validators are the way in to the achievement of any thick venture. Inspectors such as themselves, through AUDIT.one, we consider it to be the awesome. 

That is the reason we have dispatched the "Constancy Foundation" validators top Shirish program, which is intended to advance the development of a functioning and dependable validator environment. 

The ingenuity store gives the portion of XPRT tokens (250 000-700 000 Tokens to the regulator), which shows its obligation to expanding the estimation of the determination environment.

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About Persistence

Persistence is an ecosystem of financial products for both retail investors and large financial institutions. Persistence wants to be a bridge between decentralized finance to the traditional economy, and help to develop DeFi applications in the NFTs array.

The suite that has been developed by Persistence includes: pStake (a liquidity tool for staking), Asset Mantle (NFT marketplace), AUDIT.one (staking aid), pLend (an interactive tool with debts) and Comdex (decentralized commodity exchange).

This is one of the most impressive ecosystems on Cosmos, with an extremely impressive set of protocols.

Highlights in Persistence

Products in the Persistence ecosystem include:

  • Comdex: Comdex is a decentralized commodity trading solution for businesses, covering the entire transaction process including buyer / seller connection, transaction confirmation and payment. Comdex is currently the most successful application in this segment, with over $ 55,000 in total transaction volume. You can see, this is a very new segment and has a lot of growth potential, because the transaction volume of the leading application is just over 50 thousand dollars.
  • pStake: This product helps to unlock staking liquidity on chains operating under the Proof-of-Stake mechanism, thereby helping users increase their chances of profit from token staking. More than $ 450 billion is staked on the entire market, and this will be a great opportunity for this product to grow.

As far as I can see, this is a product with great growth potential, because the demand for unlocking staking liquidity is very high. This will be a very important piece in this ecosystem.

  • AUDIT.one: This is a product that provides a staking solution (Staking-as-a-Service). The company provides staking solutions to companies and investment funds, and currently supports more than $ 250 million in assets across more than 10 different networks.
  • Asset Mantle: (Developing Product) NFT Market helps users to create their own NFT store. Allows NFTs in different networks to be transacted, from electronic pictures, tickets, music, ...
  • pLend: ( Developing Product) pLend is a stablecoin product created from the mortgage of real-world assets.

As you can see, Persistence's protocol suite is aimed primarily at companies and hedge funds with a great need for market entry, and interaction with DeFi. All products have very practical applications.

Most likely, Persistence will choose the same development path as fellow Terra - hit the end user to solve the problems facing financial services such as long payment times, lack of transparency, and demand. ask for trust.

Token information of Persistence

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Key Metrics

  • Token Name: XPRT token.
  • Ticker: XPRT.
  • Total Supply: 100,000,000 XPRT.
  • Circulating Supply: 9,287,107 XPRT

Token Allocation

The amount of tokens will be distributed gradually over 42 months, with the following allocation:

  • Marketing & Growth: 25.6% equivalent to 25,600,000 XPRT;
  • Ecosystem Development & Growth: 19.4% equivalent to 19,400,000 XPRT;
  • Team: 16% equal to 16,000,000 XPRT;
  • Seed and Private Sale: 14% equal to 14,000,000 XPRT;
  • Validator Incentivization: 10% equal to 10,000,000 XPRT;
  • Validators & Strategic Sale: 10% equal to 10,000,000 XPRT;
  • Advisors: 4% equivalent to 4,000,000 XPRT;
  • Public Sale: 1% equal to 1,000,000 XPRT.

Token Release Schedule

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Token Sale

  • XPRT token has two sales rounds: private sale and public sale. The public sale round is sold for $ 0.45, the private sale round is sold for $ 0.4.
  • There is information about token sale on AscenDEX, please refer below:
  • The XPRT token sale on AscendEX (Formerly the BitMax exchange) on March 31.
  • Total amount sold: 1,000,000 XPRT token (1% total supply).

Roadmap & Updates

In the future, the development team will first focus on finalizing the 5 protocols in the ecosystem, as currently two out of the five protocols are still incomplete.

Q1

Public Sale

TOKEN (Launched Matic Stake Drop Campaign) (Token Contract Audit) (Initial set of exchange listings)

CORE (Persistence Wallet Launch) (Published Technical Specifications for InterNFT) (pStake Development) (Core-1 Mainnet Launch)

ECOSYSTEM (Launched Matic StakeDrop Campaign with 220M MATIC staked and 500+ participants)

(AUDIT.one crosses $100M AUD) (Wallet and Block Explorer Integrations)

DAPP (Persistence's Cosmos ETH Bridge Live . pBridge ) (pStake (Liquid Staking Application) (MVP development) (Launch of Persistence's Staking platform)

Q2

ECOSYSTEM (Validator Set expansion)(Validator Set Expansion) (Extend Partnerships with other projects)

CORE (interNFT implementation v1.0 )

TOKEN (pStake Application Launch) (Expansion of Exchange listings) (AUDIT.one ETH2 staking platform launch)

 DAPP (Asset Mantle NFT Marketplace application MVP to be launched)

 Q3

DAPP (Asset Mantle (NFT Marketplace) to be launched) (pLend MVP to be launched) (Comdex Mainnet Launch)

ECOSYSTEM (Wallet and Block explorer integrations) (Integration with other Protocols and Chains through Interchain Communication Protocols) (Expansion of Wallet Integrations and Block explorers) (AUDIT.one Staking interface to be launched)

CORE (Persistence Mainnet Launch) (Core-2 Mainnet Launch) 

Q4-2021 & Q1-2022

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#pStake #XPRT $XPRT #UnlockLiquidity #PersistenceOne

More Detail Information:

Website : https://persistence.one/

ANN THREAD : https://bitcointalk.org/index.php?topic=5323374.0

Twitter : https://twitter.com/PersistenceOne

Telegram : https://t.me/PersistenceOneChat

LinkedIn : https://www.dhirubhai.net/company/persistenceone/

Author:

Bitcointalk username : bitcoin4world

Bitcointalk url : https://bitcointalk.org/index.php?action=profile;u=2374352

Persistence Address : persistence1n05axjk0k8tv70a86qt6tl4mkr846exyfnve0v

USDT Address : 0x7b9c49378d4a299a9be6c71b22e06a194d60e0ef





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