Persistence Statistics Update 📊 Recent key highlights: ♦️ The XPRT staking ratio currently stands at 85.7%, among the highest in the industry. ♦️ The total number of 7-day IBC transfers on the Persistence network sits at 8,639, an increase of over 115% over three weeks. ♦️ The number of Persistence wallets has increased to 45,434. ♦️ The total number of transactions on the Persistence network currently totals 1,224,771. 🌐 Get a closer look at the stats here: https://twitter.com/PersistenceOne/status/1526588203121135617 Website | Twitter | Telegram | Blog | YouTube | Discord | Forum

⚠️ pSTAKE General Advisory Liquid staking builds a path to implement additional use cases for staked assets. pSTAKE integrates with DeFi protocols to provide extra utility for stkASSETs. However, these integrations come with inherent risks due to other protocol's mechanisms and are susceptible to vulnerabilities. Our team always closely assesses and monitors these systemic and financial risks for all stkASSET integrations. pSTAKE has completed multiple audits conducted by several leading blockchain security firms to prevent smart contract risks. 🌐 Learn more: https://twitter.com/pStakeFinance/status/1523290291964465153 stkATOM and stkXPRT holders can currently provide liquidity to the stkATOM/ETH & stkXPRT/ETH pools on SushiSwap. In return, they receive rewards in the form of trading fees and external incentives. Please note that liquidity providing exposes users to the risk of impermanent loss. Similarly, pSTAKE’s integration with @anchor_protocol was aimed to allow $ATOM holders to collateralise their $ATOM to receive $UST loans. But due to the de-pegging of $UST, @anchor_protocol has become unstable for the users. 🌐 Read more: https://twitter.com/pStakeFinance/status/1524813450429403142 These recent events surrounding the Terra ecosystem are a reminder that DeFi is still in its infancy. The path forward on this journey will be long, but Persistence and pSTAKE will continue to build the foundation for liquid staking. ⚙️ Meanwhile, we urge all our community members and users to practice extreme caution. In case of any questions or concerns, please feel free to reach out to our team. Beware of scammers and imposters. 🗣 Spread the word: https://twitter.com/pStakeFinance/status/1525135423173177344 Website | Twitter | Telegram | Blog | YouTube | Forum

Follow our new Persistence China Twitter account for updates in Mandarin🇨🇳 We’ve launched a Twitter account specifically catering to our Chinese community. Announcements and news from Persistence will be published there in Mandarin. We welcome all Mandarin speakers to follow for updates. 🌐Follow: https://twitter.com/PersistenceCN 🗣️ Spread the word: https://twitter.com/PersistenceOne/status/1524035904075177985 Website | Twitter | Telegram | Blog | YouTube | Discord | Forum

Persistence is attending the upcoming Gateway Conference. We’re excited to announce that we will be attending the Gateway Conference in Prague, Czech Republic from May 16 - 17. The Cosmos-focused event and hackathon will bring together some of the greatest minds in the crypto space, in addition to hosting various interactive events and workshops. Jeroen Develter will be giving a liquid staking presentation on behalf of Persistence on the main stage on Monday, May 6 at 11:00 AM, so stay tuned! 🌐Read more: https://twitter.com/PersistenceOne/status/1522599288118853633 Website | Twitter | Telegram | Blog | YouTube | Discord | Forum

Persistence Monthly Newsletter #19 🦾 April brought Persistence's liquid staking ecosystem to new heights. pSTAKE introduced an important DeFi use case (collateralising bATOM) and we made strides towards our Ethereum 2.0 ETH liquid staking implementation. Highlights: ♦️ bATOM went live on Anchor Protocol. ♦️ The stkETH public testnet went live. ♦️ $PSTAKE was recently listed on Gate.io and KuCoin. ♦️ pSTAKE integrated with Biconomy to enable gasless bATOM conversions. 🌐Read more: https://twitter.com/PersistenceOne/status/1521472628195794944 Website | Twitter | Telegram | Blog | YouTube | Discord | Forum

Join Persistence's Chinese Community 🇨🇳 We're excited to announce that our new Chinese Telegram community group is now open. Anyone can now join ongoing discussions: https://t.me/PersistenceOneChina To learn more about Persistence, make sure to also check out our official Mandarin blog: https://mirror.xyz/0xd92b5bd0048dc13469FBE17EdE75Aa5AA91f9296 The Persistence team welcomes all of our Mandarin-speaking community members to join the group.

Persistence Statistics Update.📊 Recent key highlights: ♦️Bonded (staked) XPRT stands at around 87% (top 5 among PoS networks with over $100M in staked value). ♦️The total number of network transactions has risen to 1,160,428 - a 7% increase over the previous 14 days. ♦️The number of Persistence wallets has increased to 44,441. 🌐 Dive deeper into the stats here: https://twitter.com/PersistenceOne/status/1518965586520379393 Website | Twitter | Telegram | Blog | YouTube | Discord | Forum

pSTAKE's implementation of Ethereum 2.0 liquid staking, stkETH, is now live on testnet. The launch of stkETH will provide ETH liquid staking opportunities via pSTAKE. We welcome community members to begin stress-testing the application prior to our mainnet launch. 🌐 Learn more: https://twitter.com/pStakeFinance/status/1517524504095997953 Website | Twitter | Telegram | Blog | YouTube | Forum

pSTAKE is Implementing Ethereum 2.0 ($ETH) Liquid Staking. The Ethereum 2.0 merge is slated for Q3 2022. As this continues to develop, pSTAKE is moving towards launching $stkETH to enhance offerings within our liquid staking ecosystem. Once implemented, pSTAKE will be able to issue $stkETH to $ETH stakers as a liquid-staked asset, which can be used to participate in other DeFi activities to earn additional rewards. The public pSTAKE $stkETH testnet will soon go live and a step-by-step user guide to test it out will also be shared in the coming days. 🌐 Learn more: https://twitter.com/pStakeFinance/status/1516468005437423623 Website | Twitter | Telegram | Blog | YouTube | Forum