The Growth Within PersistenceOne (Building The Bridge)
The crypto market's swings presently are much smaller than in May 2021, and a close look at the prolonged rise failure reveals that the sharp uptrend is broken, just like what happened in 2018, following the sudden drop in Bitcoin and crypto some days back. When remain bullish are long-term investors but the short-term speculators are ready to take their leave and even some projects have put on hold their major announcement, still, I have an amazing project to discuss with you, that still stand and continue to release amazing updates that increase their user's interaction with their protocol.
Protocol Powering Next-Gen Financial Products
The DeFi ecosystem is growing every day with products that solve illicit transactions experiencing in traditional banks and bring in financial freedom in a transparent and secure model. Yes, crypto price action is not friendly to many of us, but in this, PersistenceOne keeps releasing products that position many for daily returns on their savings/investment.
On July 14, 2021, PersistenceOne through the liquid staking application that unlocks liquidity of staked assets and allowing stakers to generate higher returns on their staked assets (p.STAKE) launched the beta Mainnet proudly supported by CosmosHub and allow $ATOM holders to interact with DeFi applications on an Ethereum blockchain.The tweet .
Persistence community with the active team released so many amazing updates this week and it has been activities all though that increase engagement of the entire community not minding the crypto market price action, development continues.
Achievements Within The Week
- 12,000 Wallets on Persistence Network
- Roll out of Event with Reward up to $40,000
- Full Integration of $XPRT (Persistence Utility Token) on Keplr Wallet
- pSTAKE $2,000 Treasure Hunt
- Power of Cross-chain Activated
PersistenceOne Products
- pSTAKE: Liquid staking application to unlock liquidity of staked assets allowing stakers to generate higher returns on their staked assets. Log on to: https://app.pstakefinance for interaction.
- AUDITOne: Staking-as-a-Service solution for proof-of-stake networks. For institutional assets managers looking to generate fixed income returns from Staking-as-an-AssetClass, AUDIT.one provides whitelabeling solutions for hardware and software. Log on to https://audit.one/ for interaction
- COMDEX: Decentralised commodities trading solution that facilitates the end-to-end trade cycle including trade discovery, settlement and financing. Log on to https://comdex.sg/ for interaction
- Asset Mantle: Application implements the minimum clique of PersistenceSDK modules enabling the interchange NFT definition, issuance, ownership transfer and decentralized exchange.
- pLEND: Debt financing application allowing stablecoin holders to participate in the global trade financing industry. Not yet launched.
In conclusion, a strong development team with proper communication to the users of those projects will make the project stand the test of time. PersistenceOne is building the bridge and creating a protocol that powered the next-generation financial products, is for you to check out the product and make use of it the way you wanted it to work for you.
Remember, I am not a financial advisor, I only share quality projects for you to go and do your research and follow your heart in your dealings. Should you have concerns, check out the official links for your guide.
Official Links
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