Validator Arm of Persistence, AUDIT.one Joins Elrond Network
Validator arm of Persistence, AUDIT.one, one of the most experienced and active blockchain infrastructure services providers, has joined the Elrond Network as a Staking Provider.
Persistence will be operating Elrond Validator infrastructure, and engage with Elrond Network technology to deploy DeFi products and explore complex topics such as liquid staking.
“We were impressed with the high level of energy displayed by the Persistence team, which gave us a strong indication of the amount of effort and potential benefits that Persistence can contribute to the Elrond ecosystem and its proliferation as the infrastructure for the new internet economy”— Lucian Mincu, Elrond Network CIO
AUDIT.one are already a featured staking provider. You can delegate EGLD towards them in a non-custodial manner through this link
“Deploying Elrond validator infrastructure is a seamless experience that speaks volumes about the care of the Elrond community for node operators in particular, and builders in general. We are excited to explore synergies with Elrond team on DeFi and Staking frontiers. “—Tushar Aggarwal, Persistence CEO and Co-Founder
ABOUT Pesistence
Persistence is a multi-asset protocol focused on Liquid Staking (pSTAKE), NFTs (Asset Mantle) and Commodities (Comdex). Persistence ecosystem products are designed to stimulate global liquidity and enable seamless value exchange.
ABOUT Elrond Network
Elrond is the internet-scale blockchain, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
RESOURCES
Elrond Blog