Major Problems for BTCfi and How Interoperability Can Solve It

The Bitcoin DeFi (BTCfi) ecosystem is rapidly on the rise. According to DeFiLlama, there's a total of $650 million TVL on Bitcoin DeFi, with another $1.2 billion locked on sidechains.

However, there's a major problem with the sector: Fragmentation.

Persistence One is on a mission to enable the easy trading of Bitcoin-related assets (native, wrapped, yield-bearing, BTC derivatives) across chains.

Read more 👉 https://x.com/PersistenceOne/status/1822965703558987779

$XPRT is now live on Velodrome on Optimism 🔴

LP Incentives going live 🔜

Learn how to add liquidity to the XPRT/USDC Concentrated Liquidity pool 👉 https://blog.persistence.one/2024/08/13/how-to-add-xprt-liquidity-on-velodrome-on-optimism/

🗣️Spread the word: https://x.com/PersistenceOne/status/1823378237403099238

Introducing Our Updated Logo: Fresh Look. Bitcoin Alignment. Community’s Choice 🎉

At Persistence One, we believe that change is the driving force of innovation.

In alignment with our new direction and deepening focus on Building for Bitcoin, we decided it was time to refresh the Persistence logo.

Our new logo is not just a symbol —it represents our unwavering commitment to align with Bitcoin, explore new horizons, and establish Persistence One as a premier venue for swapping BTC and other related assets across Bitcoin Layer 2s.

But we didn’t do it alone—we turned to our community for input to ensure the new logo truly reflects our shared vision.

Find out about the new logo journey and more 👉 https://x.com/PersistenceOne/status/1823726235748368659

The XPRT/USDC pool is now live on Velodrome on Optimism, with $VELO incentives available for LPs.

🔴 Bridge $XPRT to Optimism 👉 https://squidrouter.com

🌊 Trade or LP now 👉 https://velodrome.finance/liquidity

🗣️Spread the word: https://x.com/PersistenceOne/status/1824498791682023791

Dear Persisters,

A new discussion is live on the @PersistenceOne forum, seeking community feedback on allocating 1M XPRT to incentivize liquidity across multiple DEXs, including Persistence DEX, Osmosis, Velodrome (Optimism), Aerodrome (Base), and potentially others in the future. This allocation will also support XPRT incentives for other pools on Persistence DEX, such as the USDT/USDC pool.

These incentives will be strategically deployed to expand XPRT adoption and boost liquidity.

Participate in the discussion now 👉 https://forum.persistence.one/t/proposal-for-1m-xprt-allocation-to-boost-multi-dex-liquidity/500

🗣️Spread the word: https://x.com/PersistenceOne/status/1825780582342865282

Persistence One is on a mission to make DeFi on Bitcoin seamless by solving fragmentation problems 🦾

With hundreds of $BTC variants incoming, find out why we're building for Bitcoin 🔥

Read more 👉 https://blog.persistence.one/2024/08/20/building-for-bitcoin-with-persistence/

🗣️Spread the word: https://x.com/PersistenceOne/status/1825882420861657292

🌊 More XPRT Liquidity Opportunities in Multi-Chain DeFi

As XPRT’s presence is expanding into new blockchains, new opportunities constantly arise, allowing XPRT holders to have new options for opening LP positions.

Let’s explore more DeFi and LP opportunities for the XPRT pools and put assets to work to capitalize on multiple opportunities👇

https://x.com/PersistenceOne/status/1826281377660092870

BTCfi is rising fast—shaping a new era for Bitcoin 🟠

From institutional adoption to growth in Bitcoin DeFi, the landscape is rapidly evolving. Find out how 2024 is redefining the Bitcoin landscape.

Read more 👉 https://blog.persistence.one/2024/08/22/a-lot-can-change-in-six-months-the-rise-of-btcfi-in-2024/

🗣️Spread the word: https://x.com/PersistenceOne/status/1826612790380941728

🚨 Persisters, a new $XPRT governance proposal is live on the chain for voting!

Prop #114: Allocating 1M XPRT to boost Multi-DEX Liquidity.

Don’t forget to cast your votes before 28th August 2024 🗳️👇

🐸 Leap: https://app.leapwallet.io/portfolio/gov/persistenceNew/114

🔭 Keplr: https://wallet.keplr.app/chains/persistence/proposals/114

ℹ️ Mintscan: https://mintscan.io/persistence/proposals/114

🗣️Spread the word: https://x.com/PersistenceOne/status/1828017100465795075

Our website just got an upgrade!
We are now available in 2 more languages—Chinese and Korean 🇨🇳🇰🇷

Check it out in your preferred language 👉 https://persistence.one

🗣️Spread the word: https://x.com/PersistenceOne/status/1828328860586316194

Exploring Three Unique Multi-Chain XPRT Liquidity Opportunities

XPRT is now on multiple ecosystems, including Base and Optimism, and can be swapped between chains through Skip API. This leads to a variety of liquidity opportunities for those looking to boost liquidity and earn fees.

Here are three XPRT liquidity opportunities to highlight this week:

1) WBTC/XPRT

🛜 Platform: Persistence DEX
🌊 Liquidity: $165,000
💸 Incentives (30D): 30,000 XPRT

2) XPRT/USDT

🛜 Platform: Persistence DEX
🌊 Liquidity: $78,000
💸 Incentives (30D): 12,500 XPRT

3) XPRT/ATOM

🛜 Platform: Persistence DEX
🌊 Liquidity: $278,000
💸 Incentives (30D): 40,000 XPRT

Learn more 👉 https://app.persistence.one/pools

🗣️Spread the word: https://x.com/PersistenceOne/status/1829481738894262771

Persistence One will be at Korea Blockchain Week in Seoul 🦾

Meet our COO, Jeroen Develter (@dneorej), to discuss Bitcoin DeFi, cross-chain swaps, interoperability, and more. Whether it’s about crypto, tech, life, or sports, there’s plenty to discuss!

Attending? Send a DM to connect 🤝

🗣️Spread the word: https://x.com/PersistenceOne/status/1830562146616574141

Persistence August 2024 Update 🦾

From revealing our new logo to attending Korea Blockchain Week, discover everything that happened throughout the Persistence One ecosystem in August 2024

https://blog.persistence.one/2024/09/04/persistence-august-2024-update/

🗣️Spread the word: https://x.com/PersistenceOne/status/1831645095856128196

It’s been a wild ride for Bitcoin DeFi in 2024 🫡

The BTC ecosystem is currently in full-throttle mode as it attracts thousands of builders in the BTCfi space.

Let’s dive into some of the new tech that has led to the emergence of BTCfi 👉 https://blog.persistence.one/2024/09/05/a-look-at-the-tech-that-spawned-btcfi-evolution/

🗣️Spread the word: https://x.com/PersistenceOne/status/1831711042428129632

Multi-chain DeFi Opportunities with XPRT and Stablecoin Pairings

The broad liquidity base for XPRT on multiple networks provides multiple exciting opportunities, especially when paired alongside stablecoins.

Stablecoins are tied to a fiat currency, with most pegged to the USD. By pairing XPRT with stablecoins, XPRT holders can easily swap in and out of the network through an accessible asset.

Here are three multi-chain DeFi opportunities with XPRT and stablecoin pairings:

XPRT/USDT - Persistence DEX

🛜Platform: https://app.persistence.one
🌊Liquidity: ~$75,000
💸Incentives (30D): 12,500 XPRT

XPRT/USDC - Aerodrome on Base

🛜Platform: https://aerodrome.finance
🌊Liquidity: ~$17,000

XPRT/USDC - Velodrome on Optimism

🛜 Platform: https://velodrome.finance
🌊Liquidity: ~$675

🗣️Spread the word: https://x.com/PersistenceOne/status/1832062512906596741

Anon, let your WBTC do more than sit idle 🟠

Check out the XPRT/WBTC pool on Persistence DEX 👉 https://app.persistence.one/pools

Now live with 30,000 XPRT incentives for September 2024

🗣️Spread the word: https://x.com/PersistenceOne/status/1833505812687303134

The XPRT/ATOM pool on Persistence DEX was the highest-performing pool (by volume) over the past 7 days 🔁

Check it out 👉 https://app.persistence.one/pools

Now live with 40,000 XPRT incentives for September 2024

🗣️ Spread the word: https://x.com/PersistenceOne/status/1834159057739153815

It’s an exciting time for Bitcoin DeFi! 🟠

As we continue #BuildingforBitcoin, we've put together answers to the most frequently asked questions about our innovative Cross-chain Intents solution.

Read more 👉 https://blog.persistence.one/2024/09/13/bitcoin-cross-chain-swaps-answering-some-faqs/

🗣️ Spread the word: https://x.com/PersistenceOne/status/1834451928824381625

Persistence One is heading to @token2049 in Singapore 🇸🇬

Catch up with our COO, @dneorej, to discuss ideas shaping the next wave of innovation in BTCfi & cross-chain interoperability.

Attending? Send a DM to connect! 🤝

🗣️Spread the word: https://x.com/PersistenceOne/status/1834508350899577008