Months go by and seasons change, but Persistence's resolve of bringing dynamics in the decentralized finance ecosystem remains unchanging. The basic aspect of DeFi is the generation of a financial structure that doesn't depend on third parties, but utilizes protocols and smart contracts to fully function, however, this financial environment seems so vast that merely p2p transactions and other financial settlements would not suffice.
Persistence network is born out of the need to generate flexibility for DeFi, this entails the provision of financial options and opportunities as well as tools that makes accessing the aforementioned quite easy. Users within the DeFi ecosystem requires an array of products to match their diverse unique investment tastes, with PersistenceOne, there is a lot on the horizon to explore.
HIGHLIGHTING PERSISTENCE PRODUCTS AND TOKENOMICS
Persistence remains the top DeFi project on a mission to bridge the widening gap between traditional finance and traditional economy, its firm support in the development of the new paradigm of digital assets (non-fungible tokens) gives it an edge over other projects and create massive interest in the minds of investors to explore how much financial products proffered on the substrate.
It brings into consideration the financial capacity of both retail investors and large financial institutions as regards to what products would best suit their tastes and what opportunities their funds could allow them explore, on a grand scale, the network has the most impressive set of protocols and is perfectly structured to bring DeFi up to speed.
Some of the products on persistence include
PSTAKE:
Staking involves the act of locking up one's crypto assets in a wallet over a stipulated period of time in order to support the development and operations of a blockchain in a PoS network. The pStake product is crafted to create easy unlocking if staking liquidity on chain under the proof of stake consensus algorithm, this will improve users (stakers) chances of amassing more profits than they are used to, overtime, the amount of staked assets has racked up to $45 billion in the market, this implies that Pstake has a great growth potential as almost require to improve their staking game as well as profits.
AUDIT ONE
This product provides staking solution for participants (investments funds and companies), the stake as a service structure already supports more than $250 million in crypto assets over not less than 10 diverse blockchain networks.
PLEND
Created from the mortgage of real-world assets, pLend is a unique stablecoin product that enhances lending and borrowing in a smart, decentralized structure on the network.
ASSET MANTLE
Let me reiterate that NFT economy is a fast-rising paradigm of DeFi, non-fungible tokens are not so different from crypto.in that they possess similar underlying programming, however, transaction with nfts require a relinquishing and transfer of ownership rights between the parties involved. Asset Mantle is a product that's driving NFT adoption as users can have their own NFT store and allows transaction to be executed from diverse networks.
The above products are evident of Persistence doggedness in bringing decentralized finance to new heights, it is a project on a mission and with a solid, relentless team of professionals vast in crypto and blockchain related.
DESCRIPTION OF THE TOKEN
Name: xprt token
symbol: xprt
Total supply: 100 000 000 xprt
Circulating supply: 9 287 107
CONCLUSION
The persistence network is definitely a blockchain project that is here for the long term, despite having so much healthy competition in the ecosystem, it keeps providing cutting edge financial products and opportunities through which users can comfortably improve their earnings and maximize DeFi participation. With a lot more products still underway, the market entry for these products would be massive, this reinforces that Persistence keeps reinventing its ecosystem and products to be consistent with the financial needs of its adopters.