A Guide to Persistence Protocol $XPRT

The missing link between decentralized finance (DeFi) and centralized finance (CeFi) is that the former interacts only with cryptocurrencies such as Tether (USDT) and Bitcoin (BTC). In contrast, conventional finance mostly deals with fiat. Although it’s easy to convert fiat to crypto, using real-world assets as collateral on DeFi platforms is not. What if there was a way to use real-world assets as collateral on these platforms? This is what the Persistence Protocol is trying to achieve. This platform allows the use of tangible assets to access loans and returns