Provenance chain
Overview
Provenance Blockchain is a layer-1 proof-of-stake network built with the Cosmos SDK and CometBFT, purpose-built for tokenising real-world financial assets, with sub-second finality and high throughput. It supports the origination, financing and secondary trading of real-world assets on-chain — loan pools, private company stock and similar instruments — using marker modules for tokenised assets, with the transferable unit implemented as a Cosmos Coin protobuf. Its native utility token, HASH, is used for transaction fees, governance, staking and reward distribution; participants can also bid HASH in on-chain asset auctions, with winning bids permanently burned to reduce circulating supply. Its most significant user is Figure Technology Solutions, a blockchain-native capital marketplace and major US non-bank lender that has originated billions of dollars of loans on the network. Notable assets on Provenance include YLDS, an SEC-registered yield-bearing stablecoin, and Figure Lending's loan products. Figure Technology Solutions has also announced a community-approved update to the Provenance Blockchain Foundation structure. Provenance was developed as a Cosmos SDK chain for real-world asset finance and became the settlement layer for Figure Technology Solutions' lending business. It hosts the SEC-registered yield-bearing stablecoin YLDS, and Figure announced a community-approved change to the Provenance Blockchain Foundation's structure.
Within the DeFi Intel graph, Provenance connects to 9 tracked entities, most strongly to YLDS, Figure Technologies, Figure HELOC+ Tokenized Pool.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 9 of 9 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | YLDS | 95% |
deployed_on | Figure Technologies | 95% |
deployed_on | Figure HELOC+ Tokenized Pool | 95% |
deployed_on | Figure Markets YLDS | 95% |
deployed_on | Figure Markets Exchange | 95% |
deployed_on | Figure DROPS / Figure Capital Markets tokenized loans | 85% |
deployed_on | Provenance Blockchain | 85% |
deployed_on | Project Guardian (JPM Track) | 80% |
covers | Provenance lending blockchain raises $20 million in security token offering - Ledger Insights - blockchain for enterprise | 70% |
Frequently asked questions
What is Provenance?
Provenance is a layer1 tracked in the DeFi Intel knowledge graph. It is connected to 9 other tracked entities, most strongly to YLDS, Figure Technologies, Figure HELOC+ Tokenized Pool.
What type of entity is Provenance?
Provenance is classified as a layer1 (chain) in the DeFi Intel knowledge graph.
What is Provenance connected to?
In the DeFi Intel knowledge graph, Provenance is linked to 9 other tracked entities, most strongly to YLDS, Figure Technologies, Figure HELOC+ Tokenized Pool.
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