How to Stake Persistence One (XPRT) with Nansen

Persistence One has established itself as a leading protocol focused on bridging traditional finance with decentralized finance (DeFi) through innovative liquid staking solutions. F

or crypto investors looking to earn passive income, learning how to stake XPRT offers an excellent opportunity to support this growing ecosystem while generating rewards.

This guide covers everything from purchasing Persistence tokens to optimizing your staking strategy.

What is Persistence One and Why Stake XPRT?

Persistence One is a Cosmos SDK-based specialized Layer-1 blockchain designed to build an ecosystem of DeFi applications focused on liquid staking, NFT marketplaces, and institutional DeFi products. The network aims to bridge traditional finance with DeFi by creating liquid staking protocols that unlock the liquidity of staked assets.

The native XPRT token powers the Persistence ecosystem and offers several compelling benefits for those who choose to stake:

Benefits of XPRT Staking:

• Attractive Rewards: Earn passive income through staking, with APYs typically ranging from 15% to 25% depending on your chosen validator
• Network Security: By staking, you help secure the Persistence blockchain through its Proof-of-Stake consensus mechanism
• Governance Participation: Gain voting rights on important protocol decisions that shape Persistence's future
• Support DeFi Innovation: Your stake helps maintain and grow a blockchain focused on bringing liquid staking solutions to traditional finance

With these advantages in mind, let's explore how to buy XPRT before diving into the staking process.

How to Buy XPRT: Step-by-Step Guide

Before you can stake Persistence tokens, you'll need to acquire them. Here's a comprehensive guide to purchasing XPRT:

Option 1: Buying XPRT on Centralized Exchanges

Several exchanges offer XPRT trading:

Using AscendEX (BitMax):

1. Create an account on AscendEX and complete the verification process
2. Add funds to your account via bank transfer, credit/debit card, or cryptocurrency deposit
3. Navigate to the Markets section and search for XPRT
4. Purchase XPRT using trading pairs like XPRT/USDT
5. After purchasing, withdraw to your personal wallet for staking

Using Gate.io:

1. Set up and verify your Gate.io account
2. Deposit funds through your preferred method
3. Find XPRT in the spot market trading section
4. Execute your purchase at your desired price
5. Transfer tokens to your staking wallet

Option 2: Using Decentralized Exchanges

For those preferring decentralized platforms:

1. Set up Keplr Wallet as a browser extension
2. Fund with ATOM or other IBC tokens like OSMO
3. Visit Osmosis DEX (app.osmosis.zone) and connect your wallet
4. Navigate to the "Trade" section
5. Swap your tokens for XPRT using available liquidity pools
6. Your XPRT will be stored directly in your Keplr Wallet, ready for staking

How to Stake XPRT with Nansen

Staking XPRT is a straightforward process that requires attention to detail. Here's a step-by-step breakdown:

1. Go to the Staking Page
   Visit XPRT on Nansen's Staking Hub
2. Connect Your Wallet
   Navigate your way to the 'Stake' button (we support Leap, Keplr, Ledger).
3. Choose How Much to Stake
   Enter the amount of XPRT you want to stake. Remember to account for gas fees.
4. Review and Confirm
   Check if the details are correct and approve the transaction. After processing, your XPRT staking is active.
   

Why Stake XPRT on Nansen

Staking XPRT with Nansen offers a straightforward experience to put your KAVA tokens to work.

Since acquiring StakewithUs, we have quickly grown to manage over $1 billion in staked assets.

We've already partnered with many leading blockchain networks and plan to add more chains and custodial services soon.

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