SubQuery’s flexible, fast, open, and decentralized data indexing solution provides blockchain developers with the tools needed to easily organize and query on-chain data for their protocol and applications. Abstracting the backend, SubQuery provides a custom API and lets developers focus on product development and user experience rather than building their indexing solutions.

“As more and more protocols are being deployed onto the Persistence chain, a fast and reliable data indexing service is an absolute must. SubQuery fills that need perfectly. It improves the Developer Experience drastically, which allows them to continue building user-friendly products with greater ease.” – Jeroen Develter, Persistence Chain & Ecosystem Lead

Persistence developers will benefit from the superior SubQuery indexing experience, including the open-source SDK, tools, documentation, and developer support that the SubQuery ecosystem provides. Persistence is also supported in SubQuery’s enterprise-level managed service, which provides enterprise-level infrastructure hosting and handles hundreds of millions of requests each day.

SubQuery is the leading Indexer in Cosmos with integrations in 13 zones including Juno, Cronos, Osmosis, Fetch.ai, Injective, and others. Its indexer provides a fast, reliable, and efficient way for developers to query and analyze data on Cosmos. With its plan to extend its indexing support to all Cosmos chains, it will be able to offer its services to an even broader range of users and applications, enabling them to access and understand complex blockchain data with ease.

“We’re thrilled to collaborate with Persistence to enable web3 developers the ability to build innovative, fast, and user-friendly DeFi applications around liquid-staked assets.  This collaboration is a significant step towards a decentralized financial future that is more accessible, inclusive, and efficient.” – Sam Zou, Founder and CEO of SubQuery.

ABOUT Subquery

SubQuery is a blockchain developer toolkit facilitating the construction of Web3 applications of the future. A SubQuery project is a complete API to organize and query data from Layer-1 chains.

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ABOUT Persistence

Persistence is an appchain for liquid staking powering an ecosystem of DeFi applications focused on unlocking the liquidity of staked assets.  Persistence is a one-stop-shop to liquid-stake your Proof-of-Stake assets and put them to good use.

Website | Twitter

RESOURCES

Subquery Network

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Major Highlights

• The Persistence team attended Cosmoverse 2022 in Medellin, Colombia from September 26 – 28. Jeroen Develter, Business Development Lead, was featured as a keynote speaker at the event. They also had own booth and networking lounge, inviting all Cosmonauts and community members to connect with us on site and ask questions.
• Proposal #7 for the Persistence Core v3 upgrade was successfully passed with 100% yes votes, allowing team to move forward with a successful chain upgrade for the release of the Persistence Core-1 chain’s v3.1.1 launch.
• Persistence attended Mainnet 2022 in New York City as a platinum sponsor. They made waves during the event and had a blast with the community at our exclusive booth.

Persistence Community Newsletter #24 – Key Releases

• Persistence x Axelar Partner to Implement Cross-chain Messaging: Persistence and Axelar formed a new strategic partnership to enable cross-chain messaging between Persistence and EVM-based chains and ERC-20 stablecoin bridging, widening the realm of possibilities across both ecosystems.
• A Letter to the Cosmos Community – From pSTAKE: The pSTAKE team wrote an open letter to the Cosmos community outlining their thought process and development status for the stkATOM liquid staking product launch on the Persistence Core-1 chain.

Ecosystem

• Cosmoverse hosted a Twitter Space with Abhitej Singh from the Persistence team on cross-chain messaging and liquid staking, diving deeper into these two topics to set the stage for them at the event.
• Stakely and Kleomedes became Persistence validators, becoming integral components of ecosystem to help provide security to the Persistence Core-1 chain. In addition, Stakely enabled the REStake app to allow users to delegate to Stakely. To auto-compound their XPRT staking rewards via the app.
• Persistence released a postmortem report on the Persistence Core-1 chain halt during the v3 upgrade. Detailing things that went well, challenges, lessons learned, key players in assisting with the chain’s recovery, and the timeline.
• pSTAKE released a thread announcing the steps towards the launch of stkATOM on the Persistence Core-1 chain, highlighting the journey from the beginning and plans for next steps to create a successful product for the Cosmos community.
• Cosmoverse interviewed Persistence’s Jeroen Develter in a YouTube interview to discuss the safety and decentralisation of liquid staking.
• Leap Cosmos Wallet added support for Persistence, enabling lucrative features such as a portfolio overview, IBC transfers, governance, staking, connecting to a Ledger device, and more via its user interface.

About Persistence

Persistence is building an ecosystem of financial products, focusing on both institutional and crypto-native use cases.
It is leveraging blockchain technology to facilitate seamless asset exchange. Persistence aims to enable and create a suite of bleeding edge financial products in niches. Ranging from staking-as-a-service and tokenized ‘real-world’ debt to digital art.

Website | Twitter

SOURCE:

https://blog.persistence.one/2022/10/04/community-newsletter-24-september-2022/

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