🧑💻 OGAudit Web3 Research
🔎 Provenance Blockchain Ecosystem Analysis
@provenancefdn is a proof-of-stake blockchain designed to modernize financial services by partnering with institutions to upgrade legacy systems into scalable, secure, and future-ready solutions. The blockchain focuses on tokenized assets, real-world asset (RWA) support, and compliance-first smart contracts, making it a pivotal player in the evolving financial landscape.
📊 It has processed 16.7M transactions, with an impressive average block time of just 4.38 seconds, reflecting a highly efficient network. The platform boasts 100% voting power with 100 validators, and 16.97% of the total supply is currently bonded.
🪙 $HASH trades at $0.01921, with a market cap of $1.04B and a circulating supply of 54.30B out of a total supply of 100B, which is also the max supply. with a focus on tokenizing real-world assets and building a compliance-first financial ecosystem.
💰The blockchain’s total value locked (TVL) in DeFi stands at $1.115B, indicating strong ecosystem participation.
🌐Provenance’s ecosystem includes projects like @Figure, which tokenizes home equity lines of credit (HELOCs) as digital assets on the blockchain, enabling efficient funding and secondary trading. Figure also supports Democratized Prime for peer-to-peer lending and borrowing, as well as the On-Chain Public Equity Network (OPEN) for blockchain-registered equities with real-time settlement. Additionally, @Figure’s subsidiary issues YLDS, an SEC-registered, yield-bearing stablecoin backed by U.S. Treasuries, supporting compliance and seamless DeFi integration.
🔎 Explore Provenance Ecosystem Projects👉https://t.co/rDOqM1Fj1H
