Hey everyone! one question, why does persistence needs another token

Question

Hey everyone! one question, why does persistence needs another token

with pstake, whats the benefit? And how are the incentives generated when all pstake are in circulation some time in the future, I ask because the fees as I understand all goes to xprt? thanks for your help and keep up the great work!

#cryptocurrency #english #persistence

0

24.04.2024

3 ответов

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Ab Eff

So just like we have Solana -> Jito Ethereum -> Lido And so we have Persistence -> pSTAKE It's worth noting that PSTAKE is mulit-chain here which seats to lap LS activities within Persistence chain while XPRT is the L1’s token powering on-chain activity beyond just pSTAKE. You can also see it $PSTAKE as governance token to incentivize & disincentivize actions on pstake protocol. It was created to help avoid overlap the governance.

0

12 дней назад

Anthony Kingz

Persistent tokens solve the problems that some merchants face with tokenizing recurring information. Persistent tokens can secure recurring purchases, matching the order to the same account. They can also synchronize data being gathered and tokenized from multiple avenues.

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12 дней назад

Ab Eff · Accepted Answer

Ab Eff

https://blog.persistence.one/2022/02/22/exploring-the-relationship-between-xprt-and-pstake/ You can help you ser

0

12 дней назад

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Hey everyone! one question, why does persistence needs another token

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