Governance
Prestio aims to challenge the status quo by delivering a truly decentralized alternative to CeFi real-estate financing. By delivering value to the DeFi ecosystem through the inherent security of real-world assets, the market size and user base are poised to expand dramatically as more value comes on-chain.
Some of the key challenges faced when integrating real-world assets with on-chain DeFi solutions are regulatory frameworks and norms. These regulations and norms are traditionally conceptualized around centralized control and ownership structures. Prestio, a driving force behind increased transparency and decentralization, does things differently utilizing a community driven blockchain based approach.
Presta is the native governance token of the Prestio platform. Therefore Prestio is owned and governed by Presta token holders. Through the development and deployment of legal, operational, and technical mechanisms using the Presta token, real estate assets can be bridged to the DeFi ecosystem without the need to sacrifice decentralization.
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