Persistence (XPRT) is a token of a hybrid lending or borrowing protocol based on debt management, which brings the capabilities of real assets to DeFi. This is achieved by facilitating the borrowing of crypto assets, using real assets as NFT invoices, and then using them as packaged financial products.

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[Forum Discussion]

ℹ️ Topic: Persistence Community Owned Liquidity: bootstrap Liquidity Pools on Dexter

⚡Tl;dr: Use 41,000 XPRT tokens (~$10,000) from the Persistence Community Pool to bootstrap the PSTAKE/XPRT pool on Dexter as the first experiment of PCOL. The Liquidity will be bonded on Dexter, and all rewards generated will be sent back to the Community Pool at fixed intervals.

For the first time, the Persistence Community will own liquidity, and the community pool will diversify by accumulating tokens other than XPRT. A PCOL system will set a precedent for other projects to bootstrap liquidity on Dexter.

The proposed PCOL system aligns the three major aspects of any prospering DeFi Ecosystem: dApp Traction, Ecosystem Alignment, and Community Buy-in 🤝

Let’s be sure to share your thoughts on the forum, Persisters! 🦾

[Forum Discussion]. Topic: Persistence Community Owned Liquidity: bootstrap Liquidity Pools on Dexter.