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Persistence

A Cross-Chain Ecosystem Empowering DeFi & NFTs​

Discover Persistence, a cutting-edge blockchain platform designed to power the future of decentralized finance (DeFi) and non-fungible tokens (NFTs).

Persistence provides the tools and infrastructure necessary for builders to create innovative financial products and next-gen NFT experiences, connecting traditional and digital economies through cross-chain interoperability.

πŸ“Š Chain Parameters​

πŸ“ˆ Parameter🎯 Value
🎁 Reward rate (APR/APY)23.81% / 26.87%
πŸ’° Commission5% of the reward rate
πŸ”’ Minimum tokens to stake1 XPRT
⏳ Unbonding period21 days
❌ Slashing for downtime0.01%
πŸ’₯ Slashing for rogue nodes5%

🌐 Wallet Choices​

Persistence is supported by multiple wallets, including Keplr, Ledger, and Cosmostation.

🏁 How to Stake​

Open the web version of Keplr wallet, and click on the Stake button. Nothing more !

🚨 Always keep some coins to pay fees with. Never stake your entire wallet amount. Without money for fees, you can’t make any transactions!

πŸŽ‰ Congratulations, you’ve just delegated XPRT!

❓ FAQ​

What are Persistence staking reward rates?

The current rate is 23%, taking into account our validator commission of 5%.

Are there any risks when delegating?

Slashing is enabled, meaning any validator misbehaving can lose a portion of their tokens, plus the delegated ones. In case of prolonged downtime, the slashing amount is 0.01% once. In case of double sign, it is 5% and the validator is forever banned.

How does Persistence service fee work?

The protocol automatically pays a commission to all active validators participating in the minting of new blocks. It is a percentage on all rewards earned related to the staking power of each validator.

Can I vote on governance proposals?

Yes, all users with staked tokens can vote on any proposal using Keplr or another wallet. Validators are able to cast votes on behalf of their delegators, but the votes of the users override them.