Persistence Foundation
To foster a flourishing liquid staking ecosystem
Persistence Foundation is committed to driving utility for the Persistence ecosystem’s fuel – XPRT. The foundation will engage with all stakeholders to ensure incentive alignment and direct collective efforts toward the ecosystem vision.
The ultimate goal for the foundation is the welfare of the XPRT holders and Stakers by driving utility for the asset.
Mandate
XPRT management
Ensure adequate incentivization of all stakeholders through the flow of XPRT both within and outside the Persistence ecosystem
Maintain deep XPRT liquidity across CEXs and DEXs to allow an increasing number of stakeholders to acquire and interact with the asset
Expand the XPRT holder base through educational and community initiatives
Engage with stakeholders such as market makers, investors, exchanges, etc.
Establish crisis management guidelines for XPRT
Foundation Grants
Promote liquid staking innovation by attracting builders to ideate and build exciting products in alignment with the ecosystem vision
Offer grants to develop and scale selected projects, leveraging the Persistence tech stack, driving volumes on the chain
Assist project teams with strategic partnerships within the ecosystem to help them scale their solutions
Foster thought leadership within the liquid staking space
More details on the Grants Program can be found here
Foundation Delegations
Facilitate the growth of the validator community by encouraging high-performance and secure node operations
Incentivize alignment with validators contributing to the growth of the Persistence ecosystem and decentralization of the Core-1 chain
More details on the Foundation Delegation Program can be found here
Fund Builders and Developers
Persistence foundation will fund ecosystem development teams (such as Persistence Labs) at regular intervals to ensure unhindered innovation
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