2min chapter

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Persistence: Bringing Staking Derivatives for PoS Tokens to Life

Interchain.FM

CHAPTER

Introduction

We are now in the third generation of flock train technology, where a burgeoning multi chain ecosystem is about to explode into what we call the decentralized web. We're talking to the persistence team to day, and they cover a huge variety of new defy instruments that theyre launching on cosmos and ethereum. They've recently announced an drop to atam and x p r t holders. The airdrop token is called pea steak, and it acts as a staking derivative of otherwise illiquid staking tokens. Staking derivatives are the next frontier. Were breaking through in the proof of stak ecosystem and creating new liquidities that allows you to compound your staking rewards for greater defy yields

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