Introducing Millicent One

Millicent One is an incentivized blockchain designed to unlock the full potential of real-world assets (RWAs) in onchain finance by removing key barriers preventing the anticipated $16 trillion wave of tokenized assets from entering the onchain economy.

Focused on core market needs like accessibility, compliance, and composability, Millicent One bridges the gaps between traditional finance and crypto to create an open financial system that empowers everyone with new opportunities to create and sustain wealth.

Bringing the Best of TradFi and DeFi Together

The current financial system is constrained by outdated infrastructures, leading to delays, high costs, and restricted access. While DeFi offers a compelling alternative, it often introduces new complexities that restrict its wider adoption.

Designed by veterans from major financial institutions and leading public blockchains, Millicent One combines the strengths of TradFi and DeFi to create an ecosystem where value flows frictionlessly at the speed of data to unlock economic potential on a global scale.

Key Features

• Vertically-Integrated Financial Primitives: Unlike most blockchain ecosystems that outsource key foundational elements to third parties with potentially misaligned incentives, Millicent One natively integrates core financial primitives—a DEX, Lending Market, and Futures Exchange—ensuring deep liquidity, seamless composability, and a unified user experience from the start.

• Sustainable Growth Model: Millicent One's Proof-of-Participation (PoP) tokenomic model redistributes cashflows for the network and its native apps as real-yield stablecoin rewards. By aligning incentives for long-term participation, PoP moves beyond inflationary short-term incentive schemes to catalyze a virtuous cycle of deep liquidity, sustainable ecosystem growth, and community engagement.

• Zero-Knowledge Identity: Seamless identity verification without compromising privacy is enabled through zero-knowledge (ZK) proofs. When required, users may prove their identity once and reuse it network-wide. A tiered model allows instant verification via cryptographic proof of existing account attributes from external platforms like a bank or centralized exchange. Full KYC, when necessary, is also portable across issuers and applications, enhancing both composability and user control.

• User-Centric Approach: Millicent One prioritizes accessibility and user experience. Its first public-facing application is a globally accessible, non-custodial trading app for crypto, forex, commodities, and equities. With account abstraction, gasless transactions, and social networking elements it offers a Web2-like experience while preserving the security and control of DeFi. This approach makes powerful financial tools accessible to users worldwide, without the typical crypto complexities.

• Progressive Rollout: Millicent One will strategically expand access to its institutional-grade blockchain, financial primitives, and liquidity layers over time. Building on existing relationships with some of the world's largest public and private financial institutions, it will empower new partners, builders, and users to issue any financial asset and provide nearly any financial service onchain, quickly responding to both user needs and market dynamics.

Millicent One is not available to persons in the US, UK, or sanctioned countries.