Persistence — Telegram AMA — April 03
On Saturday, April 03, we had the pleasure to welcome to our Telegram chat:
Abhitej Singh, Head of Strategy & Community.
We asked him questions about the development of Persistence One.
Some sentences have been slightly edited for readability but the meaning has been conserved.
Persistence One is an asset-based lending/borrowing and debt issuance/management hybrid protocol, bringing the power of real-world assets to DeFi.
It does so by facilitating crypto-assets borrowing, using real-world assets as invoiced NFTs, and then using them as wrapped financial products.