PersiaDAO Is Launching On 20th January 2021
Persia is building a stable currency backed by multiple assets or a decentralized infrastructure Owned & Governed by the Persian community. The Persia stable currency is valued algorithmically backed by a wide range of market leading stable currencies paving ways for an anti-bear solution.
PersiaDAO Features
- Reliable — Persia is an asset underwritten and backed by a wide range established industrialized stable coins such as “FRAX, BUSD” followed by the LP assets.
- Transparent — The smart contracts and codes driving Persia are carefully vetted, verified, and submitted towards trustworthy auditing institutions to maintain its transparency.
- Governance — All the primary and secondary decisions made within the platform regarding the assets, bonding and staking would completely be governed by the community.
How does Persia work?
- Bonds and Liquidity Revenue
The treasury would rack up revenue from numerous sources to process liquidity fees and bond issues. - Treasury Growth
The liquidity is owned, secured, and maintained by the treasury - Staking Rewards
Staking Persia tokens within the platform will enable its holders to earn rich passive rewards.
Being backed by a well-crafted income-generating Treasury, Persia holds the ability to grow constantly regardless of any external factors or the current market condition.
PersiaDAO was set to be launch on 20th January 2021.
