Permapod

Rejected venues wait the longest for re-review; a rejection has to earn another look before the scheduled date.

Permapod is a non-custodial collateralized lending protocol deployed only on ZIGChain. Supplying, borrowing, health-factor liquidation and withdrawal all settle on that unapproved Layer-1 chain. The version-1 rejected-chain dossier is therefore dispositive regardless of the approximately $2.14M supplied and $0.83M borrowed observed on 2026-08-15.

Kill criteria: the events that revoke this verdict
• The ZIGChain verdict changes or the exact Permapod market deploys on an approved chain
• The reopened market supplies verified contracts, authorities, collateral and oracle controls, utilization, liquidation and proposed-size withdrawal evidence

The research file

Mechanism and chain applicability

Permapod describes itself as a non-custodial DeFi protocol built on ZIGChain. Users supply assets to earn interest and borrowing power, borrow against collateral under asset-specific LTV rules, and can be liquidated when the account health factor falls below the required boundary. Every balance and risk action is therefore a ZIGChain transaction, directly meeting the shared v1 rejected-chain dossier.

Current observation and lifecycle

The DefiLlama protocol API read on 2026-08-15 classified Permapod as Lending and reported approximately $2.14M supplied and $0.83M borrowed, entirely on ZIGChain. Permapod’s current site, application and self-hosted documentation expose live supply, borrow, repay and withdrawal workflows. ZIGChain’s current official documentation identifies it as its own Layer-1 blockchain, confirming rather than broadening the sole-chain perimeter.

Control, loss and exit applicability

Permapod suppliers depend on borrower repayment, utilization, asset oracles and liquidation execution. Withdrawals and repayments are constrained by health-factor rules, while the safety page and published audit affect contract assurance rather than settlement eligibility. ZIGChain validators, governance, wallet support and chain liveness remain mandatory for every supplied balance and exit.

Why the class rule decides

The lending contracts and collateral accounting cannot be separated from ZIGChain consensus. The shared v1 rejected-chain dossier therefore controls before market size, audit or collateral analysis. Reopen only if ZIGChain passes the adviser chain review or the exact Permapod market deploys on an approved chain, then verify contracts, authorities, assets, oracles, utilization, liquidations, incidents and proposed-size withdrawal.

Sources

The claims above trace to these. Where a number could not be independently verified, the thesis says so.

• Permapod — protocol introduction · primary · accessed 2026-08-15
  Supports: ZIGChain deployment, non-custodial lending, collateral, borrowing, current documentation
• Permapod — supply workflow · primary · accessed 2026-08-15
  Supports: asset supply, interest, borrowing power, ZIGChain transaction
• Permapod — borrow workflow · primary · accessed 2026-08-15
  Supports: collateral, LTV, borrow, health factor
• Permapod — live protocol site · primary · accessed 2026-08-15
  Supports: current lifecycle, lending, borrowing, tokenized collateral, audit link
• ZIGChain — Layer-1 documentation · primary · accessed 2026-08-15
  Supports: Layer 1, ZIGChain, validators, governance, current chain documentation
• DefiLlama — Permapod survey record · secondary · accessed 2026-08-15
  Supports: current supplied TVL, borrowed amount, ZIGChain-only perimeter, Lending category

Inherited controls

The verdict above grades the protocol layer. Every position also inherits the asset it holds and the chain it settles on. The least safe layer sets the position’s grade, and the position table names which one that is.