TLDR
Persistence is a layer-1 Tendermint/Cosmos-based blockchain network that aims to build an economy around liquid-staked PoS assets. Liquid staking is a process that unlocks the liquidity of staked assets without unlocking the actual asset. Persistence users to stake digital assets and receive stkASSETsASSkETs stkETHs. This is a tokenized derivative, formally called derivatives, which can be used across the DeFi ecosystem for various other investment opportunities.via the TL;DR App
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Written by danstein | Editor at the Startup Thread
