Participants & Roles
The PST Ecosystem: Aligning Stakeholders for Transparent, Efficient, and Liquid E-Commerce Financing
Last updated
Techgrity PST
The PST Ecosystem: Aligning Stakeholders for Transparent, Efficient, and Liquid E-Commerce Financing
Last updated
1. Overview of Key Participants
The PST ecosystem is built on a multi-layered structure designed to align the interests of all stakeholders while ensuring regulatory compliance and long-term stability. The core participants include:
Merchants: Each PST represents a portfolio of e‑shops. Merchants remain in control of their day‑to‑day operations and generate revenue; however, they must commit to a (locking 15% of their market cap) as collateral. This stake is gradually unlocked as revenue performance targets are met, ensuring that merchants remain aligned with investor interests.
Stakers: Investors who acquire PST gain direct exposure to the underlying e‑shops’ cashflow growth. Additionally, stakers can opt into the platform’s staking product—a mechanism that holds up to 50% PST on its balance sheet. Unlike direct profit-sharing, this staking product is structured as a utility tool (and is not classified as a financial security) while delivering higher, more stable yields, and offering liquidity via decentralized exchanges.
Liquidity Providers & Market Makers: These participants supply the necessary liquidity to the pool and ensure smooth, continuous trading of PST. Their activity keeps spreads tight and the market efficient.
: Acting as an independent credit assessor, Qupital monitors merchant performance by verifying on‑chain revenue data. It provides due diligence without ever managing investor funds, thereby reinforcing the trustless nature of the platform.
: PST token holders engage in decentralized governance via a DAO. They propose and vote on key decisions—ranging from protocol upgrades and treasury allocations to merchant onboarding or delistings—ensuring that the platform evolves in a way that protects investor interests.
2. The Business Hook
By combining direct exposure to e‑shop cashflow with a novel staking product that channels excess yield through our, PST transforms traditional private credit models. Investors enjoy the benefits of automated enforcement, transparency, and liquid market access—offering a more efficient, risk‑adjusted alternative to conventional financial intermediaries.