Persistence (XPRT) is a token of a hybrid lending or borrowing protocol based on debt management, which brings the capabilities of real assets to DeFi. This is achieved by facilitating the borrowing of crypto assets, using real assets as NFT invoices, and then using them as packaged financial products.

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Persistence Monthly Newsletter #23 🦾

August highlights were dominated by pSTAKE with the launch of its BNB liquid staking solution, with other exciting developments for Persistence in the works ✅

Both ecosystems flourished and grew, setting the stage for more to come.
          
Highlights:

♦️ 8 new active validators joined the Persistence network, helping increase security and support the chain.
♦️ An on-chain proposal went live to implement the Persistence Core-1 Chain v3 upgrade.
♦️ pSTAKE launched its stkBNB mainnet to introduce BNB liquid staking across BNB Chain DeFi, partnering with top dApps and security firms.
♦️ The CosmWasm update was successfully completed on the testnet, inching closer to launch on the mainnet.
          
 🌐 Read more: https://twitter.com/PersistenceOne/status/1565346672397283333

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Persistence Monthly Newsletter #23.