Crypto:
35350
Bitcoin:
$117.976
% 0.15
BTC Dominance:
%60.8
% 0.31
Market Cap:
$3.86 T
% 0.66
Fear & Greed:
72 / 100
Bitcoin:
$ 117.976
BTC Dominance:
% 60.8
Market Cap:
$3.86 T

What is Persistence One (XPRT)?

Persistence One is a blockchain protocol based on the Cosmos SDK that provides liquidity solutions for Bitcoin and other Proof-of-Stake (PoS) assets. The project operates across various areas including decentralized finance (DeFi) applications, liquid staking, NFT marketplaces, and commodity trading. XPRT serves as the native token of this ecosystem, fulfilling roles such as governance, staking, and transaction fees.

Vision and Technology of Persistence One

Persistence One is a project aiming to unify Bitcoin’s fragmented structure within the DeFi landscape. It is designed to enable the transfer of Bitcoin and related assets across various Layer 2 solutions and sidechains quickly, cost-effectively, and with minimal slippage. Instead of traditional bridges, it utilizes an intent-based architecture to facilitate more efficient cross-chain swaps.

These operations take place on Persistence DEX, the project’s decentralized exchange. The Core-1 chain, which forms the backbone of the protocol, handles key functions like governance, staking, and transaction validation.

Moreover, Persistence DEX operates on the Babylon Genesis network and is recognized as the first decentralized exchange deployed on this chain. It serves as the primary trading hub for liquid staking tokens (LSTs) and Bitcoin-related assets.

Technically, the project is built on the Tendermint BFT consensus algorithm and offers high interoperability through the Inter-Blockchain Communication (IBC) protocol.

persistence one

Use Cases and Roles of the XPRT Token

1. Governance

XPRT holders participate in the decision-making processes of the protocol. This includes voting on upgrades, integrations, and allocation of community funds.

2. Staking & Network Security

Persistence operates under a Delegated Proof-of-Stake (DPoS) mechanism. Users who stake XPRT help secure the network while earning staking rewards, which come from inflation and transaction fees.

3. Transaction Fees & Ecosystem Participation

XPRT is used to pay for network transactions. A portion of the fees collected from decentralized applications (dApps) is redistributed to XPRT stakers.


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4. Liquid Staking & DeFi Integration

With the pSTAKE protocol, users can stake their XPRT while retaining liquidity. This enables staked assets to remain usable within the broader DeFi ecosystem.

Persistence XPRT

Tokenomics: Total Supply & Distribution

Launched on April 1, 2021, XPRT has a total supply of 230 million tokens. The distribution is as follows:

  • Marketing & Growth: 25.6%
  • Ecosystem Development: 19.4%
  • Team: 16%
  • Seed & Private Sale: 14%
  • Validator Incentives: 10%
  • Validators & Strategic Sales: 10%
  • Advisors: 4%
  • Public Sale: 1%

 

Inflation Model & Halving

XPRT follows an inflationary issuance model. Initially set at 35%, the inflation rate is halved every two years. This design supports sustainable staking incentives and long-term network security.

Staking Rewards

Staking yields depend on inflation and the network’s transaction fee volume. Rewards are distributed proportionally based on the amount of XPRT staked.

Persistence One Wallet and XPRT Storage Options

Persistence provides multiple wallet solutions for storing and staking XPRT:

  • Persistence Native Wallet: The official wallet, optimized for XPRT.
  • Keplr Wallet: Browser-based, Cosmos-compatible.
  • Cosmostation Wallet: User-friendly, ideal for mobile usage.
  • Ledger & Trezor: Hardware wallets offering secure cold storage for long-term holding.

These wallets enable users to manage, stake, and interact securely within the Persistence ecosystem.

Persistence XPRT

Persistence One is bridging the liquidity gap for Bitcoin and PoS assets through innovative solutions like liquid staking and cross-chain interoperability. The XPRT token forms the backbone of this ecosystem—driving governance, security, and DeFi participation. With a robust architecture and long-term economic design, Persistence One is positioning itself as a core infrastructure layer for Bitcoin in DeFi.

Official Links


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