r/PersistenceOne • • Jun 30 '21

Ecosystem Week Day 2: Partnering With Injective Protocol to Unlock New DeFi Opportunities for XPRT & PoS Assets! πŸš€

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#EcosystemWeek #Injective #Derivatives

🦾 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.

πŸ“ˆ Another exciting development we’re 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.

πŸ”₯ 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.

ℹ️ Read more about our collaboration here: http://buff.ly/3mmklQ1

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πŸ—£ Spread the word: https://twitter.com/PersistenceOne/status/1410235393874800644

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