Thread by @immasssi

1/8

Leading #COSMOS based Tradefi project Persistence.One - A breakdown by SG-1 Validator.

🔴⚫️What is Persistence?

Persistence is an interoperable protocol built to facilitate the creation of next-gen financial products.

2/8

🔴⚫️ Whats the target?

The Persistence tech stack provides the infrastructure to effectively bridge the realms of DeFi and traditional finance.

3/8

🔴⚫️ Whats the approach?

The Persistence Software Development Kit (SDK) is a set of standardized modules that can be used to model marketplaces for the easy exchange of value
Modules of the SDK can be integrated into existing applications.

4/8

Alternatively, the modules can be used in different permutations and combinations to spin up entirely new marketplaces.

5/8

🔴⚫️ Which products & tools are built on Persistence?

⚪️ COMDEX

Institutional-facing commodities trading and trade financing platform, is the flagship DApp in the Persistence ecosystem.

⚪️ pLEND

Stablecoin lending platform backed by real-world assets.

6/8

⚪️ Asset Mantle

A framework for NFT marketplaces.

⚪️ Audit One

Staking Validator arm of Persistence with 120 Million USD under management.

⚪️ PStake

Liquid staking (Derivatives)

7/8

🔴⚫️ Whats the role of $XPRT ?

✅ Staking (Security)
✅ Onchain governance
✅ Value generation (From ecosystem dapps)
✅ #Defi collateral
✅ NFT minting

8/8

🔴⚫️ Which institutional players & validators are backing the project?

Arrington Capital, LuneX, Woodstock, AU21 Capital, NGC Ventures, Spark Capital, 3Commas, Incrypt, IOSG VC, Dokia Capital, SG-1, Sikka, B-Harvest, Iqlusion, P2P Validator, Certus One, Stakefish & more.