Persistence - Presents New Generation of Financial Products
Hi.. to all my friends this time I will, explain about a very good project and tend to bring us to real profits.
let's just take a look and pay attention to the article I wrote below,.
Seeing the increasing trend of DeFi, Persistence is here as a bridge that will connect the world of decentralized and traditional finance in various fields and will bring a new financial paradigm to global users.
Persistence is a financial product ecosystem for large retail investors and financial institutions. Persistence wants to be a bridge between decentralized finance and traditional economies, and help develop DeFi applications in the NFT suite.
The series that Persistence has developed include: pStake (liquidity tool for staking), Asset Mantle (NFT marketplace), AUDIT.one (staking aid), pLend (interactive tool with debt) and Comdex (decentralized commodity exchange).
This is one of the most impressive ecosystems in the Cosmos, with a very impressive set of protocols.
We all know that crypto is a potential market and has opportunities to develop in the future. But if we look at it as a whole, the crypto market is only 0.01% of the traditional financial economy. This is a small number and to fix it we need to have a new "financial paradigm", one that will bring the cryptocurrency market to grow even bigger. Persistence is a protocol that will bridge decentralized and traditional finance, a platform that will support the creation of next-generation financial products for users globally.
What's interesting about Persistence?
Products in the Persistence ecosystem include:
Comdex: Comdex is a decentralized commodity trading solution for businesses, covering the entire transaction process including buyer / seller connections, transaction confirmations and payments. Comdex is currently the most successful app in this segment, with a total transaction volume of over $ 55,000. You can see, this is a very new segment and has a lot of growth potential, as the transaction volume of the leading app is just over 50 thousand dollars.
pStake: This product helps to open up staking liquidity on chains operating under the Proof-of-Stake mechanism, thereby helping users increase their profit opportunities from token staking. More than $ 450 billion is at stake across the market, and this will be a great opportunity for this product to grow.
As far as I can see, this is a product with great growth potential, as the demand for unlocking liquidity is very high. This will be a very important part of this ecosystem.
AUDIT.one: This is a product that provides a betting solution (Staking-as-a-Service). The company provides staking solutions to investment companies and funds, and currently supports more than $ 250 million in assets across more than 10 different networks.
Persistence Features
Persistence is an ecosystem containing a variety of financial products that are very helpful to institutional users and crypto natives. For example, Comdex is a growing financial product in the Persistence ecosystem that focuses on the commodity trading industry. Comdex provides a fast, transparent and reliable platform for commodity trading and trade finance. It is a platform built specifically for strengthening trading. But not only that, there are still some financial products provided by Persistence. The following are financial products from Persistence:
Audit.one: This is a platform built specifically to strengthen the Persistence network and ecosystem. It is a validator for the Persistence ecosystem, but going forward, Audit.one will also help the broader PoS network ecosystem.
pStake.finance: This is a platform that allows users to maximize the return on their crypto investment. Enable shareholders to be able to increase the yield of their staked assets.
Mantle Asset: This is a special framework provided by Persistence to build reliable individual market NFTs and enable NFT interoperability between multiple chains.
Plend: This is a Stablecoin lending platform backed by real-world assets. Enables stablecoin holders to be able to provide liquidity to Comdex and benefit from real-world income-generating assets.
XPRT token
XPRT is the native token of the Persistence ecosystem which will support the operation and development of the Persistence ecosystem. XPRT will play governance, betting and token work roles. 100 million XPRTs will be printed at genesis and future releases will be incrementalized over 42 months. It is intended to create an ecosystem with long-term and strong growth. If you are interested, you can buy XPRT directly on the AscendEX platform.
Token Information from Persistence
Key Metrics
Token Name: XPRT token.
Ticker: XPRT.
Total Supply: 100,000,000 XPRT.
Circulating Supply: 9,287,107
XPRT Token Allocation
The number of tokens will be distributed gradually over 42 months, with the following allocations:
Marketing & Growth: 25.6% equivalent to 25,600,000 XPRT;
Ecosystem Development & Growth: 19.4% equivalent to 19,400,000 XPRT;
Team: 16% equals 16,000,000 XPRT;
Seeds and Private Sales: 14% equal to 14,000,000 XPRT;
Validator Incentives: 10% equals 10,000,000 XPRT;
Validators & Strategic Sales: 10% equals 10,000,000 XPRT;
Advisor: 4% the equivalent of 4,000,000 XPRT;
Public Sale: 1% equals 1,000,000 XPRT.
You can see, the product ecosystem model is no longer new in the cryptocurrency market. Many ecosystems have used this model to operate, for example Hakka Finance. The price of XPRT will depend entirely on the success of the product in the ecosystem, if the product has many users, there will be a lot of transaction costs, thus supporting the XPRT price.
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Author: the gaye
Wallet address: 0x820410Ee0a97e9132aDDBb77c3f35bb3e5115d1e
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