Persistence

FAQ's

How to stake XPRT?

Follow a Step-by-Step staking tutorial here.

How much can I make staking XPRT?

You can view the live staking APR at the top of this page.

Currently staking rewards are mainly derived from network inflation.

Persistence started out with an inflation rate of 35%. Until the Goal of 67% Total Staked has been reached, the Inflation will increase up until a maximum of 45%. Once the goal of 67% Total Staked has been reached, the inflation will decrease down until 25% has been reached.

Inflation is being distributed between all stakers proportionally to their stake.

Make sure to play the reward scenarios in the Persistence Staking Calculator.

Which Persistence Validator should I delegate to?

At Staking Rewards we have pre-vetted a bunch of validators in Persistence. Browse through the list above and search for the verified badge. These validators are registered with Staking Rewards and are considered reliable. Please note that any validator is free to get in touch with us to get verified. We are not affiliated with any of them and thrive to provide an independent ranking.

When choosing a validator to delegate your XPRT tokens, make sure to look at the commission rate which has a direct impact on your rewards being paid out. Low Commission = High Rewards.

However please note that commission rates are the bread and butter for many validators. They rely on it to maintain reliable operations.

Furthermore, it is important to make sure that the selected validator is able to maintain a solid close to 100% uptime for their services.

You may want to consider delegating to smaller validators in order to further decentralize the network. This does not only support the network resilience, but also the value of your XPRT investment long-term.

Also consider validators that are long-term committed to providing value to Persistence by supporting the platforms app development, tooling, and educational materials.

 

Is there any risk to stake XPRT?

While delegating XPRT tokens, you maintain full control of your private keys. As long as you protect them, you will be safe.

However please consider that there is an unlikely risk, that you will lose a portion of your funds in the case that your validator misses many blocks or signs the same block twice. Therefore, please make sure to delegate with a reliable validator from the list above.

Also consider, that tokens are locked for 21 days from the time when you revoke your delegation. You are not able to receive rewards, not transfer them within that period.

What is Persistence?

Persistence is building an ecosystem of financial products to serve institutional and crypto-native users.

Persistence is built as a Cosmos-SDK blockchain based on Tendermint.

The team is focused on providing utility for their chain by building applications in the field of decentralized finance, staking-as-a-service, and liquid staking applications.

What is the XPRT token?

$XPRT is the work token for the Persistence ecosystem, bootstrapping ecosystem applications to propel network adoption and securing the core infrastructure through staking. $XPRT stakers can participate in governance to contribute to the long-term success of the ecosystem.

$XPRT accrues value from the ecosystem’s financial activity through multiple avenues including gas fees, fee-sharing with ecosystem applications, hub-routing, etc.

Learn more here.

What are the tokenomics of XPRT?

100 million $XPRT were minted at genesis and are being released over time across 42 months – the token distribution is as such:

• Marketing & Growth: 25.6% (25,600,000 $XPRT)
• Ecosystem Development & Growth: 19.4% (19,400,000 $XPRT)
• Team: 16% (16,000,000 $XPRT)
• Seed and Private Sale: 14% (14,000,000 $XPRT)
• Validator Incentivization: 10% (10,000,000 $XPRT)
• Validators & Strategic Sale: 10% (10,000,000 $XPRT)
• Advisors: 4% (4,000,000 $XPRT)
• Public Sale: 1% (1,000,000 $XPRT)

More information, including the token release schedule, can be found here.