🚨 Persisters, with 4 new proposals live for XPRT governance, it's voting time!

1️⃣ Prop 25: Change $XPRT incentives for ATOM/XPRT pool on Dexter

2️⃣ Prop 26: Increase stkATOM Instant Redemption fee from 0.5% to 1%

3️⃣ Prop 27: Update pSTAKE on Cosmos revenue address

4️⃣ Prop 31: Change in Governance Parameters—Voting & Max Deposit period

Keplr Wallet: https://wallet.keplr.app/chains/persistence?tab=governance

Leap Wallet: https://cosmos.leapwallet.io/gov

Mintscan: https://www.mintscan.io/persistence/proposals

Persistence Week Review: May 22 - May 28 2023. 🦾
Recap everything that happened on the liquid staking hub of Cosmos in under 60 seconds. 🤝

1. Key On-chain Metrics

🦾 TVL - $6.6M (🆙 8%)
🛡️ Bonded Ratio - 80.1%
🛠️ Txns - 37,276
📊 IBC Volume - $890K
🌐 Nakamoto Coefficient - 9

2. $XPRT Liquidity 🌊

- Dexter - $276K
- Osmosis - $272K

3. General Ecosystem 🦾

- 4 new $XPRT governance proposals went live for on-chain voting 🗳️
- The Persistence website homepage got a fresh look with key metrics like chain TVL & IBC volume 🌐

4. Tech 🧑‍💻

- Prepared IBC go to work with LSM on the chain
- Worked on LSM functioning with persistence-sdk

5. pSTAKE on Cosmos ⚛️

- stkATOM crossed $5M liquidity in Cosmos with Dexter, Osmosis, Crescent, & Shade 🌊
- pSTAKE hosted #stkSPACES 3 with 4 liquid staking DEXs in Cosmos on LST liquidity 💧

6. Dexter 🤖

- Dexter added support for Leap & Cosmostation wallets 🤝
- Dexter joined an AMA with Cosmos Allday

[Ecosystem Partnership]

Persistence is excited to announce SubQueryNetwork as a partner for indexing support 🦾

SubQuery will provide a fast and reliable data indexing service for dApps that are #BuiltOnPersistence ℹ️

Read more 👇🏼

https://blog.subquery.network/persistence-integrates-with-subquery-for-fast-reliable-data-indexing-in-defi/?lng=en

[Ecosystem Partnership]

Expanding the Ecosystem is one of the three critical aspects of the Persistence 2023 Liquid Staking Roadmap 🎯

Today marks an important milestone as we welcome Ledger into the Persistence Ecosystem with native support for $XPRT on Ledger Live 🦾

1.5M+ users can now create an account, send, receive, and stake $XPRT right from the app with private keys secured in their hardware wallet 🛡️

Learn more 👉🏼 https://twitter.com/PersistenceOne/status/1663562412350648325

XPRT incentives for bootstrapping liquidity in the $XPRT / $ATOM pool on Dexter are now live after the passing of Proposal 25 ✅

The pool is incentivized with 333,333 XPRT tokens for 90 days (until 29 August 2023).

https://app.dexter.zone/pools

Catch us in conversation with
@leap_cosmos, the "Super Wallet for Cosmos" ⚛️

📆 Friday, 2nd June, 2 PM UTC

🔔 Don't forget to set up a reminder

https://twitter.com/i/spaces/1ZkKzXLDMXwJv?s=20

Persistence Week Review: May 29 - June 4 2023 ⏪
Recap everything that happened on the liquid staking hub of Cosmos in under 60 seconds 🦾

1. Key On-chain Metrics

🦾 TVL - $7.1M (🆙 7.5%)
🛡️ Bonded Ratio - 81.7%
🛠️ Txns - 29,121
📊 IBC Volume - $1.1M
🌐 Nakamoto Coefficient - 10

2. $XPRT Liquidity 🌊

- Dexter - $312K
- Osmosis - $273K

3. General Ecosystem 🦾

- Ledger joined the Persistence Ecosystem with native $XPRT support on Ledger Live & Ledger by Chorus One validator 🤝
- $XPRT incentives went live on the ATOM/XPRT pool on Dexter after the passing of Proposal 25 🤖
- Rebel DeFi covered the Persistence Ecosystem dApps in his latest YouTube video ℹ️
- @dneorej talked about liquid staking in the latest BareMetal Podcast 🎙️
- A brand new sprint with 1000 $XPRT rewards went live on the Persistence Zealy 🥳
- @xlab_gg conducted a workshop on the LSM at Gateway Conference in Prague 👨🏼‍💻
- Cosmic Validator covered the Persistence Ecosystem in their latest Cosmos Ecosystem News ℹ️
- 4 proposals were passed by the $XPRT governance ✅
- Partnered with SubQuery Network for on-chain indexing 🤝

4. Tech 🧑‍💻

- Launched new testnet
- Prepared for LSM demo at Gateway
- Further work on LSM

5. pSTAKE on Cosmos 🌊

- Crossed $5M in TVU with 497K+ $ATOM liquid staked on pSTAKE 🚀
- The number of stkATOM LPs grew by 3X in May 2023 🌊

6. Dexter 🤖

- A new reward schedule went live on Dexter 🤖
- The Dexter team joined an AMA with Leap Wallet 🐸
- Dexter hinted at something special coming soon 👀

[Governance]

Proposal #34 is live on the Persistence Core-1 chain for voting.

ℹ️ Topic: Additional incentives for XPRT liquidity on Osmosis

🌐 Proposal link:

Keplr: https://wallet.keplr.app/chains/persistence/proposals/34
Leap: https://cosmos.leapwallet.io/gov/persistence/34
Mintscan: https://www.mintscan.io/persistence/proposals/34

⚡️Tl;dr of Proposal 23:

128,700 XPRT from the Persistence Incentivization Multisig (passed in Proposal 21) to the XPRT/OSMO (Pool #15) on Osmosis for 14-day LP bonding over 90 days.

🚨 Persisters, let’s be sure to vote on this proposal before 8 June 2023! 🦾

gm Persisters!

We are thrilled to unveil an exciting partnership with Layer3 to help onboard quest seekers to Cosmos and introduce them to $ATOM liquid staking on Persistence 🚀

Layer3 is an innovative platform that introduces crypto enthusiasts to exciting Web3 projects through captivating quests.

Persistence is the first project in the Cosmos ecosystem to launch a quest with Layer3 🦾

https://layer3.xyz/quests/liquid-staked-atom-with-persistence

GM Persisters! 🦾
Set your reminders for today’s Ecosystem Community Call yet?

⏮️ May 2023 Recap with 40% TVL growth on the chain

🌊 Latest with pSTAKE

🤖 Highlights from Dexter’s base & new Trader Rebate Program

⏭️ Upcoming chain upgrade & what’s ahead in the Ecosystem

Look forward to seeing everyone there! 😎

🗓️ 8 June, 3:00 PM UTC

📍 https://twitter.com/i/spaces/1DXxyveVRnEKM

Dexter Tradooor Rebate Program is now live! 🤖🦾

- Traders on the stkATOM/ATOM pool will get a rebate of the standard swap fees of 0.3% and also receive an extra incentive of 0.05% for each trade executed.

- Rewards will be distributed as XPRT tokens airdropped on a daily epoch basis.

- The rebate program will run until a cap of 34,500 XPRT tokens is reached.

🔄 Trade Now: https://app.dexter.zone/rebate-program

ℹ️ Learn More: https://medium.com/dexter-zone/announcing-the-tradooor-rebate-program-1b2c22e2c3aa

On-chain governance has played a vital role in XPRT incentives such as the Dexter grant & $XPRT Liquidity Bootstrapping.

A dedicated page to track XPRT incentives from the Ecosystem & Community Pool wallets with in-depth details on proposals, spends, & outcomes will give Persisters a holistic view to stay up-to-date. ℹ️

We’ve made just that!👇🏼

https://persistence.notion.site/XPRT-Incentives-Log-e82b48c0656242439bae3e201143fdbf?pvs=4

Base Report 🤖📄

Dexter crossed $2.5M in total liquidity, and $1M in total volume 🚀

#stkATOM / $ATOM - $2,388,689
$XPRT / $ATOM - $406,229

The Tradooor Rebate program continues to drive volume on the stkATOM/ATOM Metastable pool 💸

https://app.dexter.zone/pools

Spread the word - https://twitter.com/dexter_zone/status/1669374757979017219

[Ecosystem Partnership]

Babylon, a blockchain platform that leverages the security of Bitcoin, has integrated with Persistence on its testnet.

This will bring enhanced transaction security and the option of lower bonding periods to the Persistence core-1 chain.

ℹ️ Learn More: https://twitter.com/babylon_chain/status/1671148723685007363

🗣 @dneorej, Persistence Ecosystem Lead, will also be joining Babylon’s Scaling Bitcoin Twitter Space on 21 June 2023 at 2 PM UTC to discuss potential synergies & give general updates.

[XPRT Liquidity Bootstrapping Update]

In less than a month since Proposal 34 was passed (XPRT incentives on Dexter), liquidity has 2x-ed to $545k+ 🦾

@dneorej: “The power of community governance at its finest!”

🤖 Checkout the ATOM/XPRT pool on Dexter

ℹ️ Learn more about XPRT Incentives Log

Dexter's base can now be accessed on mobile devices📱

Users can access Dexter on the go with Keplr and Cosmostation on mobile devices 🤳

Check it out here 👇

app.dexter.zone

📣 Spread the word - https://twitter.com/dexter_zone/status/1676639522455715840

[ Persistence Ecosystem Community Call ]

Time to unpack all the latest happenings and growth in the Persistence Ecosystem with pSTAKE & Dexter from June 2023! 🦾

We're inviting everyone to come chill with us & talk about:

🛠 Traction highlights (~$6M on-chain TVL)

🤝 Community spotlight

🫡 What's coming ahead (5 items from our 2023 Roadmap)

Please set a reminder for our Community Call #3 now & see you there👇🏼

https://twitter.com/i/spaces/1jMJgLeewEMxL

We are hosting our second Discord Office Hours tommorow, 21st July, at 2 PM UTC 🕑

Office Hours will be a chill session with the team to discuss product updates, new ideas, feedback from the community, and some alpha 😉

See you here👇

https://bit.ly/3K3vqSW

📣 Spread the word - https://twitter.com/dexter_zone/status/1681710556254994435

[Persistence Q2 2023 Recap]

If Q1 23 was characterized by ‘rollout’, safe to say that since then we have seen the ‘kickoff’ of traction, expansion, and growth in the Persistence Ecosystem.

Review all the happenings from Q2 2023 in the Persistence Ecosystem, pSTAKE, and Dexter in this quarterly recap from a 🤝 traction, 🫂 expansion, and 🔒 security POV.

Read Now 👉 https://blog.persistence.one/2023/07/24/persistence-quarterly-recap-q2-2023/

[Forum Discussion]

ℹ️ Topic: Persistence Community Owned Liquidity: bootstrap Liquidity Pools on Dexter

⚡Tl;dr: Use 41,000 XPRT tokens (~$10,000) from the Persistence Community Pool to bootstrap the PSTAKE/XPRT pool on Dexter as the first experiment of PCOL. The Liquidity will be bonded on Dexter, and all rewards generated will be sent back to the Community Pool at fixed intervals.

For the first time, the Persistence Community will own liquidity, and the community pool will diversify by accumulating tokens other than XPRT. A PCOL system will set a precedent for other projects to bootstrap liquidity on Dexter.

The proposed PCOL system aligns the three major aspects of any prospering DeFi Ecosystem: dApp Traction, Ecosystem Alignment, and Community Buy-in 🤝

Let’s be sure to share your thoughts on the forum, Persisters! 🦾

📣 Come chill with us this Thursday in our Community Call to talk about:

🚁 Ecosystem updates
🛠 Traction highlights
🔦 Community shoutouts
➕ Much more

Don't miss out! 😉
🌐 https://twitter.com/i/spaces/1vOGwMrqlWgxB?s=20