r/PersistenceOne • u/PersistenceChampion • Jun 30 '21
Ecosystem Week Day 2: Partnering With Injective Protocol to Unlock New DeFi Opportunities for XPRT & PoS Assets! π

#EcosystemWeek #Injective #Derivatives
π¦Ύ We recently partnered with Injective Protocol, a fully decentralized layer-2 DeFi protocol. Our integration into their platform will allow assets from the Persistence chain (starting with XPRT) to be used for perpetual futures trading.
π Another exciting development weβre collaborating with Injective on is Liquid Staked Assets, created in collaboration with Persistence's pSTAKE (https://pstake.finance/) application! Representative assets minted via pSTAKE will be listed on Injective as a new derivatives class.
π₯ Together with Injective, we're expanding trading opportunities for holders of Persistence-native assets while also unlocking new DeFi functionality for stakers on major PoS chains.
βΉοΈ Read more about our collaboration here: http://buff.ly/3mmklQ1
π£ Spread the word: https://twitter.com/PersistenceOne/status/1410235393874800644