Users can now delegate and stake their XPRT tokens with us on the Unagii platform!
Persistence is an ecosystem of financial products focused on institutional and crypto-native use cases, powered by Cosmos.
By delegating XPRT to Stakewith.us*, users (delegators) will be able to contribute to the security and governance of the Persistence chain. Stakers benefit from economic activity taking place on Persistence dApps or pApps from revenue sharing / transaction volume based fee agreements with all applications within the ecosystem. In return, users will earn inflationary rewards and trading fees denominated in XRPT on the hub.
Note that rewards are paid out on a per block basis and stakers can withdraw rewards back their wallet or choose to compound the rewards. There is also a 21 days unbonding period when unstaking XPRT from the network. During this period, stakers will not earn rewards and will still be susceptible to slashing.
How to stake?
- Sign up and connect wallet
- Delegate and stake
- Earn XRPT rewards!
Supported wallets include Keplr and Ledger. For Keplr users, a reminder to head to the Persistence Web Wallet site to manually import your existing wallet address.
What can you do?
Users can track the amount of XRPT staked with us or other validators, redelegate to us, claim rewards, unstake and monitor unbonding XRPT assets.
*Stakewith.us is the official validator and team behind Unagii.
Persistence is an interoperable protocol built to facilitate the creation of next-gen financial products. The Persistence tech stack provides the infrastructure to effectively bridge the realms of DeFi and traditional finance in a variety of areas, whilst also enabling the creation of innovative crypto-facing solutions to expand the DeFi and NFT sectors.
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