Persistence is a Tendermint-based Layer-1 network that powers an ecosystem of DeFi products. It is aimed at making liquid staked assets the default assets of the PoS economy. Additionally, Persistence enables exposure to multiple asset classes such as Liquid Staking (pSTAKE), NFTs (Asset Mantle), and Synthetics (Comdex).
Persistence is a Tendermint-based Layer-1 network that powers an ecosystem of DeFi products. It is aimed at making liquid staked assets the default assets of the PoS economy. Additionally, Persistence enables exposure to multiple asset classes such as Liquid Staking (pSTAKE), NFTs (Asset Mantle), and Synthetics (Comdex).
ersistence is an interoperable protocol built to facilitate the creation of next-gen financial products. The Persistence tech stack provides the infrastructure to effectively bridge the realms of DeFi and traditional finance in a variety of areas, whilst also enabling the creation of innovative crypto-facing solutions to expand the DeFi and NFT sectors.
The Persistence mission is to facilitate seamless exchange of value around the world to increase the speed and efficiency of cross-border trade and financing to close the 1.6 Trillion financing gap.
Persistence provides a platform to power Debt Marketplaces that match entities with surplus capital (lenders) to entities that require capital (borrowers).