Persistence

The Persistence main-chain is secured by a distributed set of Validators and the native Persistence token, $XPRT.

The Persistence Platform is designed to be business-friendly. As such, the expectation for the majority of the app-chains is to not have a token with any monetary value or be traded directly in open markets as cryptocurrencies. These app-chains however have distributed third-party validators who need to be rewarded and slashed depending on their performance. This (dis)incentivization takes place using the $XPRT token at the main-chain level. In order for the (dis)incentivization to take place using the $XPRT token, the Persistence main-chain tracks the block headers (through Interchain communication) of each app-chain to track pre-defined performance metrics.

Persistence announced a StakeDrop campaign on the following dPoS/nPoS networks: Cosmos Network, Terra, Kava Labs, IRISnet, Polkadot, Matic Network and Tezos. Read the official announcement here.

Blockchain data provided by: ATOMScan (total supply)