Stake your $XPRT Tokens with Provalidator — Persistence

Introduction:

The primary objective of Persistence is to become a central hub for liquid staking, providing a user-friendly and efficient staking and DeFi platform for Proof-of-Stake (PoS) participants. This involves empowering developers to create innovative applications centered around staked assets.

The Persistence Core-1 chain plays a vital role in enabling the creation and utilization of liquid-staked assets (stkASSETs) through the pSTAKE mechanism. This allows users to not only earn staking rewards but also actively engage in DeFi activities like borrowing, lending, and providing liquidity on decentralized exchanges. Furthermore, the Core-1 chain supports the deployment of decentralized applications (DApps) through Smart Contracts, thanks to its integration of CosmWasm.

In this comprehensive guide, we will walk you through the straightforward process of delegating your XPRT tokens with Provalidator, enabling you to harness the potential for earning impressive returns of approximately 14.97%.

Follow these simple steps to embark on your journey to staking success.

Step-by-Step Staking Guide:

For this guide, we are using the Keplr wallet.

Step 1. Set-up a wallet and Fund your tokens

1. Install Keplr Wallet: Download the Keplr Wallet extension and effortlessly access it within your browser.

2. Create or Import: Click Create new wallet or Import an existing wallet.

3. Secure Your Assets: Prioritize the security of your holdings by storing the recovery phrase and create a password.

4. Deposit XPRT: Fund your tokens to the newly created address with XPRT.

Step 2. Access your Kelpr Dashboard

1. Access the Keplr Dashboard by selecting “Manage Portfolio” within the Keplr extension’s interface.

Step 3. Delegate to Provalidator

1. After entering the dashboard, locate to the Chains tab and click it.

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2. Proceed the Persistence chain page, and locate and search for Provalidator in the Validator search and select it.

Tip : You can search by “Provalidator” or entering in the Validator Address : persistencevaloper1aje9dcrunpsq47nfj4lt84fp74n8nprsmfhwyg

(Blockexplorer link : PERSISTENCE Validator — Mintscan)

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3. Input the preferred quantity of XPRT for staking and then proceed by selecting the Stake option.

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4. After verifying that all details are accurate, confirm your transaction. Once the process is completed, your funds will be successfully delegated.

About Provalidator

Provalidator is a professional Proof-of-Stake blockchain validator and decentralized infrastructure provider. We offer enterprise-level validation services to more than 30+ blockchain networks, safeguarding over $250 million (as of December 2022) in digital assets through our robust infrastructure. Our team has been operating validator nodes since 2018 starting with the Cosmos Hub, and is currently one of the most prominent validators in the Cosmos ecosystem.

At the heart of our operations is validator service, which are specialized servers or nodes in a blockchain network tasked with proposing, authenticating transactions, and incorporating new blocks into the blockchain. Our dedicated team is on standby around the clock, ensuring swift responses to any validator node concerns. We’ve implemented multi-layered security and monitoring systems to safeguard our infrastructure and prioritize interests of our delegators.