Persistence One company info

What does Persistence One do?
Persistence (CRYPTO:XPRT) is a DeFi platform offering asset staking with ongoing DeFi involvement. Built on Tendermint, it employs liquid staking for asset stakers to maintain liquidity. Their prime product is pSTAKE, a liquid staking platform rewarding users with stkASSETs, ERC-20 tokens representing their staked assets, usable in DeFi operations such as lending, borrowing, and trading. In addition, Persistence is expanding its ecosystem with projects like a decentralized exchange, lending and borrowing services, and decentralized governance systems. The central goal of Persistence is to simplify and enhance asset staking, believing that liquid staking is the future, and they're committed to making it the standard method for asset staking.
Persistence One company media
Company Snapshot

How many people does Persistence One employ?

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Employees
20-30

What is the market cap for Persistence One?

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Market Cap
$47.35M

Where is the head office for Persistence One?

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Head Office
Singapore

What year was Persistence One founded?

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Year Founded
2019
What does Persistence One specialise in?
/Cosmos Ecosystem /DeFi /DPoS

What are the products and/or services of Persistence One?

Overview of Persistence One offerings
Asset Management: Persistence offers asset management services, allowing users to invest in a variety of assets through professionally managed funds.
Decentralized Applications (DApps): Persistence supports the development and deployment of decentralized applications (DApps). Persistence's DApp platform is designed to be secure and user-friendly, and it provides developers with a set of tools and resources to help them build and deploy DApps.
Lending and Borrowing: Persistence offers lending and borrowing services, allowing users to lend their assets to earn interest or borrow assets to pay interest.
Liquid Staking: Persistence offers liquid staking services, allowing users to stake their assets while still having access to liquidity. This is achieved by issuing synthetic tokens that represent the staked assets.
Staking: Persistence allows users to stake their assets to earn rewards and support the network.
Synthetic Assets: Persistence offers synthetic assets, which are assets that track the price of real-world assets, such as commodities and stocks. Synthetic assets can be used for a variety of purposes, such as hedging and trading.

Who is in the executive team of Persistence One?

Persistence One leadership team
  • IOSG Ventures
    IOSG Ventures
    IOSG Ventures
  • NGC Ventures
    NGC Ventures
    NGC Ventures
  • Spark Capital
    Spark Capital
    Spark Capital
  • Woodstock Fund
    Woodstock Fund
    Woodstock Fund