[Persistence Governance Proposal 37]
โน๏ธ Topic: Create and bootstrap PSTAKE/XPRT pool on Dexter with Persistence Community Owned Liquidity
๐ Proposal links - Keplr, Leap, Mintscan
๐ฃ Discussion - Persistence Forum
Letโs be sure to vote on this before 21 August 2023 ๐ฆพ
โน๏ธ Topic: Create and bootstrap PSTAKE/XPRT pool on Dexter with Persistence Community Owned Liquidity
๐ Proposal links - Keplr, Leap, Mintscan
๐ฃ Discussion - Persistence Forum
Letโs be sure to vote on this before 21 August 2023 ๐ฆพ
[Persistence Forum Discusssion]
โน๏ธ Topic: Next steps in XPRT Liquidity Bootstrapping (XLB) on Dexter and Osmosis
โกTl;dr: Proposal 21 allocated 1M XPRT from the Ecosystem wallet to bootstrap XPRT liquidity on Dexter and Osmosis. So far, 628,700 XPRT tokens (~62.87%) have been used via governance approval.
XPRT is back to being one of the most liquid tokens in Cosmos, with an overall 3X increase in liquidity (~$900k+ currently) since the XLB discussion was started. The original goal of Proposal 21 has been achieved ๐ฆพ
The newly proposed incentives amount to 2533.3 XPRT per day, a ~50% reduction with three key considerations:
1) Reducing token incentive spend while growing liquidity
2) Striking a balance between staking and LPing XPRT
3) Testing the waters with a 30-day period
๐ฃ๏ธ Let's contribute to XLB by voicing our opinions on the forum discussion, Persisters!
โน๏ธ Topic: Next steps in XPRT Liquidity Bootstrapping (XLB) on Dexter and Osmosis
โกTl;dr: Proposal 21 allocated 1M XPRT from the Ecosystem wallet to bootstrap XPRT liquidity on Dexter and Osmosis. So far, 628,700 XPRT tokens (~62.87%) have been used via governance approval.
XPRT is back to being one of the most liquid tokens in Cosmos, with an overall 3X increase in liquidity (~$900k+ currently) since the XLB discussion was started. The original goal of Proposal 21 has been achieved ๐ฆพ
The newly proposed incentives amount to 2533.3 XPRT per day, a ~50% reduction with three key considerations:
1) Reducing token incentive spend while growing liquidity
2) Striking a balance between staking and LPing XPRT
3) Testing the waters with a 30-day period
๐ฃ๏ธ Let's contribute to XLB by voicing our opinions on the forum discussion, Persisters!
One of the biggest Persistence chain upgrades (v8) is right around the corner! ๐
Letโs break down all the new cool things it brings and how they will benefit the ecosystem ๐ฆพ
Set those reminders now๐
https://twitter.com/i/spaces/1ynJOalwYawKR
Letโs break down all the new cool things it brings and how they will benefit the ecosystem ๐ฆพ
Set those reminders now๐
https://twitter.com/i/spaces/1ynJOalwYawKR
Quickly head over to Twitter as our talk about Persistenceโs biggest chain upgrade yet will soon start! ๐คฉ
Donโt miss out!
https://twitter.com/i/spaces/1ynJOalwYawKR?s=20
Donโt miss out!
https://twitter.com/i/spaces/1ynJOalwYawKR?s=20
Persistence Proposal 42 has passed on-chain governance โ
Next stop: v8 Pacaya, the biggest Persistence Core-1 chain upgrade ever.
๐ Keep an eye on the chain at ~11:20 UTC, 5 September 2023
Here are some useful resources for everyone๐
๐ What does the v8 upgrade include?
โน๏ธ ELI5 of the v8 upgradeโs benefits
Next stop: v8 Pacaya, the biggest Persistence Core-1 chain upgrade ever.
๐ Keep an eye on the chain at ~11:20 UTC, 5 September 2023
Here are some useful resources for everyone๐
๐ What does the v8 upgrade include?
โน๏ธ ELI5 of the v8 upgradeโs benefits
[Persistence Governance]
Proposal #43 is live on the Persistence Core-1 chain for voting.
โน๏ธ PersistenceCore v9 Katmai Upgrade
๐ธ Leap Wallet, ๐ญ Keplr Wallet, ๐ Mintscan
โก๏ธ Summary of Proposal 43:
Enable pSTAKE support for the Liquid Staking Module (LSM) on the Cosmos Hub.
Consider Alice has a total of 10,000 ATOM natively staked across 3 validators of her choice. LSM support on pSTAKE will allow her to do the following:
1. Go to https://cosmos.pstake.finance and choose to liquid stake using Validator Delegation (LSM)
2. See all 3 individual delegations
3. Select the amount of delegation (staked ATOM) to liquid stake
4. Convert staked ATOM into liquid stkATOM instantly
5. Use stkATOM in DeFi: Dexter, Umee, Shade Protocol, Osmosis, Crescent, Nolus
The LSM will unlock ~$400M+ worth of staked ATOM to be liquid staked instantly.
This is expected to increase pSTAKEโs adoption in Cosmos and TVL on Persistence ๐ฆพ
Letโs be sure to vote on this before 12 September 2023!
Proposal #43 is live on the Persistence Core-1 chain for voting.
โน๏ธ PersistenceCore v9 Katmai Upgrade
๐ธ Leap Wallet, ๐ญ Keplr Wallet, ๐ Mintscan
โก๏ธ Summary of Proposal 43:
Enable pSTAKE support for the Liquid Staking Module (LSM) on the Cosmos Hub.
Consider Alice has a total of 10,000 ATOM natively staked across 3 validators of her choice. LSM support on pSTAKE will allow her to do the following:
1. Go to https://cosmos.pstake.finance and choose to liquid stake using Validator Delegation (LSM)
2. See all 3 individual delegations
3. Select the amount of delegation (staked ATOM) to liquid stake
4. Convert staked ATOM into liquid stkATOM instantly
5. Use stkATOM in DeFi: Dexter, Umee, Shade Protocol, Osmosis, Crescent, Nolus
The LSM will unlock ~$400M+ worth of staked ATOM to be liquid staked instantly.
This is expected to increase pSTAKEโs adoption in Cosmos and TVL on Persistence ๐ฆพ
Letโs be sure to vote on this before 12 September 2023!
125 - Seconds it took for a successful v9 Katmai chain upgrade to enable the Cosmos Hub LSM support on pSTAKE ๐
$400M - Amount of staked $ATOM the LSM unlocks to be instantly liquid staked into LSTs like #stkATOM on the pSTAKE dApp UI ๐ฆพ
HUGE for LSTfi on Persistence!
$400M - Amount of staked $ATOM the LSM unlocks to be instantly liquid staked into LSTs like #stkATOM on the pSTAKE dApp UI ๐ฆพ
HUGE for LSTfi on Persistence!
[Persistence Governance]
Proposal #48 is live on the Persistence Core-1 chain for voting.
โน๏ธ XPRT Liquidity Bootstrapping (XLB) Incentives October 2023
๐ธ Leap Wallet, ๐ญ Keplr Wallet, ๐ Mintscan
โก๏ธ Summary of Proposal 48
Proposed Incentives ๐๐ผ
๐ค ATOM/XPRT on Dexter โ 55,000 XPRT
๐งช XPRT/OSMO on Osmosis โ 10,000 XPRT
Overall ~15% reduction in XPRT incentives from the previous month, as suggested by the Persistence Community.
Persisters, letโs vote on this before 9 October 2023! ๐ฆพ
Proposal #48 is live on the Persistence Core-1 chain for voting.
โน๏ธ XPRT Liquidity Bootstrapping (XLB) Incentives October 2023
๐ธ Leap Wallet, ๐ญ Keplr Wallet, ๐ Mintscan
โก๏ธ Summary of Proposal 48
Proposed Incentives ๐๐ผ
๐ค ATOM/XPRT on Dexter โ 55,000 XPRT
๐งช XPRT/OSMO on Osmosis โ 10,000 XPRT
Overall ~15% reduction in XPRT incentives from the previous month, as suggested by the Persistence Community.
Persisters, letโs vote on this before 9 October 2023! ๐ฆพ
[Persistence Forum Discusssion]
โน๏ธ Topic
Bootstrapping USDT and USDC liquidity on Dexter with Persistence Community Owned Liquidity (PCOL)
โกTl;dr
Bootstrap two new pools, XPRT/USDT and USDT/USDC, with $1000 each using PCOL.
Potential Benefits
1. Increased user activity and acquisition on the Persistence chain
2. The presence of one of the highest volume-generating token class
3. Lesser barrier to entry on Dexter
4. The potential influx of new traders and LPs
5. Opportunity to build LST liquidity against stablecoins
6. Leveraging Dexter's liquidity for liquidations on Nolus and Umee and for optimized trade routes on aggregators like TFM, Skip, and Squid
๐ฃ๏ธ Persisters, let's voice our opinions and contribute to this vital discussion on the Persistence Forum, Discord, or on the Telegram Community Chat.
โน๏ธ Topic
Bootstrapping USDT and USDC liquidity on Dexter with Persistence Community Owned Liquidity (PCOL)
โกTl;dr
Bootstrap two new pools, XPRT/USDT and USDT/USDC, with $1000 each using PCOL.
Potential Benefits
1. Increased user activity and acquisition on the Persistence chain
2. The presence of one of the highest volume-generating token class
3. Lesser barrier to entry on Dexter
4. The potential influx of new traders and LPs
5. Opportunity to build LST liquidity against stablecoins
6. Leveraging Dexter's liquidity for liquidations on Nolus and Umee and for optimized trade routes on aggregators like TFM, Skip, and Squid
๐ฃ๏ธ Persisters, let's voice our opinions and contribute to this vital discussion on the Persistence Forum, Discord, or on the Telegram Community Chat.
[Persistence Core-1 Chain Upgrade]
Here are 5 things that v10 Annapurna brings and its benefits๐๐ผ
1๏ธโฃ Better on-chain monitoring of validator, delegation, IBC, ICA, ICQ, epoch, LSM usage on pSTAKE, and other events โ Resilient Core-1 Infrastructure ๐
2๏ธโฃ Reduction of block size as per Amulet Securityโs Advisory for CometBFT โ Secure Core-1 ๐
3๏ธโฃ Increase ICA timeout โ Enhanced User Experience for on-chain activities like Staking, IBC transfer, using dApps like pSTAKE and Dexter, and more ๐ค
4๏ธโฃ Increase max limit for $XPRT governance proposal length โ Simpler governance experience ๐ฃ๏ธ
5๏ธโฃ Additional c-value limits on pSTAKE โ Increased security checkpoint for stkTokens ๐
๐๏ธ 2 Nov 2023, 3:30 PM UTC
๐ธ Leap
๐ญ Keplr
โน๏ธ Mintscan
Here are 5 things that v10 Annapurna brings and its benefits๐๐ผ
1๏ธโฃ Better on-chain monitoring of validator, delegation, IBC, ICA, ICQ, epoch, LSM usage on pSTAKE, and other events โ Resilient Core-1 Infrastructure ๐
2๏ธโฃ Reduction of block size as per Amulet Securityโs Advisory for CometBFT โ Secure Core-1 ๐
3๏ธโฃ Increase ICA timeout โ Enhanced User Experience for on-chain activities like Staking, IBC transfer, using dApps like pSTAKE and Dexter, and more ๐ค
4๏ธโฃ Increase max limit for $XPRT governance proposal length โ Simpler governance experience ๐ฃ๏ธ
5๏ธโฃ Additional c-value limits on pSTAKE โ Increased security checkpoint for stkTokens ๐
๐๏ธ 2 Nov 2023, 3:30 PM UTC
๐ธ Leap
๐ญ Keplr
โน๏ธ Mintscan
Forwarded from [Migrated] Persistence Dex Announcements
The wait for #StableDexter is over!
USDC from Noble and USDT from Kava are NOW LIVE on Dexter ๐ค
USDC/USDT and USDT/XPRT pools have been bootstrapped with Persistence Community Owned Liquidity (PCOL) and incentivized with $XPRT ๐ฆพ
๐ค https://app.dexter.zone/pools
๐ฃ https://twitter.com/dexter_zone/status/1722624400388915528
#BuiltOnPersistence
USDC from Noble and USDT from Kava are NOW LIVE on Dexter ๐ค
USDC/USDT and USDT/XPRT pools have been bootstrapped with Persistence Community Owned Liquidity (PCOL) and incentivized with $XPRT ๐ฆพ
๐ค https://app.dexter.zone/pools
๐ฃ https://twitter.com/dexter_zone/status/1722624400388915528
#BuiltOnPersistence
๐ฅ14
[Native USDC and USDT on Persistence]
A booming LSTfi economy will need a booming stablecoin landscape.
In our latest blog, we look at๐
๐ฆพ 8 Benefits of stablecoins to Persistence
โน๏ธ How to transfer $USDC and $USDT to Persistence (from within and outside of Cosmos) for use on Dexter
Read more ๐ https://blog.persistence.one/2023/11/09/stablecoins-usdc-and-usdt-on-persistence/
A booming LSTfi economy will need a booming stablecoin landscape.
In our latest blog, we look at๐
๐ฆพ 8 Benefits of stablecoins to Persistence
โน๏ธ How to transfer $USDC and $USDT to Persistence (from within and outside of Cosmos) for use on Dexter
Read more ๐ https://blog.persistence.one/2023/11/09/stablecoins-usdc-and-usdt-on-persistence/
๐ฅ9๐1
[Forum Discussion]
โน๏ธ Govern Dexter through XPRT and accelerate growth
โกTl;dr
1. Decentralization of Dexter through the use of XPRT for governance
2. Discussion on new ways for LP incentivization on Dexter with XPRT to accelerate growth
๐ฆพ Benefits
๐ค Persistence Ecosystem and Dexter become more closely tied and aligned
๐ณ Strengthens the power of XPRT for governance
๐ Increased XPRT token utility through its role in increasing Traction
๐ Paves the way for other dApps (in the future) to launch without the hassle of a token and prioritizing protocol features
โ Mitigation of centralization risk of using multisigs on Dexter
๐ฃ๏ธ Persisters, let's voice our opinions and contribute to one of the most important Persistence Forum discussions.
โน๏ธ Govern Dexter through XPRT and accelerate growth
โกTl;dr
1. Decentralization of Dexter through the use of XPRT for governance
2. Discussion on new ways for LP incentivization on Dexter with XPRT to accelerate growth
๐ฆพ Benefits
๐ค Persistence Ecosystem and Dexter become more closely tied and aligned
๐ณ Strengthens the power of XPRT for governance
๐ Increased XPRT token utility through its role in increasing Traction
๐ Paves the way for other dApps (in the future) to launch without the hassle of a token and prioritizing protocol features
โ Mitigation of centralization risk of using multisigs on Dexter
๐ฃ๏ธ Persisters, let's voice our opinions and contribute to one of the most important Persistence Forum discussions.
๐ฅ5๐1
Did you know that you can now migrate the coin-type of staked $XPRT (from 750 to 118) without unbonding, using the Liquid Staking Module on the Persistence Core-1 chain? ๐
Our latest blog shares an update & addresses some frequently asked questions about the XPRT coin-type migration๐
https://blog.persistence.one/2023/11/22/xprt-coin-type-migration-update-for-staked-xprt/
Our latest blog shares an update & addresses some frequently asked questions about the XPRT coin-type migration๐
https://blog.persistence.one/2023/11/22/xprt-coin-type-migration-update-for-staked-xprt/
๐ฅ5
Forwarded from [Migrated] Persistence Dex Announcements
A new $DYDX / $USDC pool incentivized with $XPRT is NOW LIVE on Dexterโs base ๐
Deposit tokens from the dYdX chain and Noble directly on Dexter ๐ค or transfer to Persistence in a single click using Leap Wallet, Keplr Wallet, TFM, or Skip Protocol ๐ค
#BuiltOnPersistence ๐ฆพ
Deposit tokens from the dYdX chain and Noble directly on Dexter ๐ค or transfer to Persistence in a single click using Leap Wallet, Keplr Wallet, TFM, or Skip Protocol ๐ค
#BuiltOnPersistence ๐ฆพ
๐ฅ5
Should Dexter decentralize and adopt $XPRT governance, making XPRT the default token for Dexter?
Persisters, the first two of three #XPRTforDexter proposals are now LIVE for voting.
Prop #58: Migrate Multi-Staking Contract on Dexter to Version 3.0
Prop #59: Instantiation of Dexter Governance Admin contract
Cast your vote before 9th Dec 2023 ๐๐ผ
๐ธ Leap Wallet: https://cosmos.leapwallet.io/portfolio/gov?chain=persistenceNew
๐ญ Keplr Wallet: https://wallet.keplr.app/chains/persistence?tab=governance
โน๏ธ Mintscan: https://www.mintscan.io/persistence/proposals
Persisters, the first two of three #XPRTforDexter proposals are now LIVE for voting.
Prop #58: Migrate Multi-Staking Contract on Dexter to Version 3.0
Prop #59: Instantiation of Dexter Governance Admin contract
Cast your vote before 9th Dec 2023 ๐๐ผ
๐ธ Leap Wallet: https://cosmos.leapwallet.io/portfolio/gov?chain=persistenceNew
๐ญ Keplr Wallet: https://wallet.keplr.app/chains/persistence?tab=governance
โน๏ธ Mintscan: https://www.mintscan.io/persistence/proposals
๐ฅ5๐1
Dexter will become decentralised with $XPRT governance.
In our latest blog, dive into๐๐ผ
๐ฆพ #XPRTforDexter
๐ค XPRT & Dexterโs symbiotic relationship
๐ A new flywheel effect for the ecosystem
Read more ๐
https://blog.persistence.one/2023/12/05/decentralising-dexter-with-xprt-governance/
In our latest blog, dive into๐๐ผ
๐ฆพ #XPRTforDexter
๐ค XPRT & Dexterโs symbiotic relationship
๐ A new flywheel effect for the ecosystem
Read more ๐
https://blog.persistence.one/2023/12/05/decentralising-dexter-with-xprt-governance/
๐ฅ2
2023 was a year of building and shipping in the Persistence Ecosystem! ๐ฆพ
Persisters, let's look at the major happenings on the Core -1 Chain, pSTAKE, and Dexter, and what's in store for 2024 in our last Community Call of the year.
Set your reminders now ๐๐ผ
https://x.com/i/spaces/1rmGPMjwRRQJN
Persisters, let's look at the major happenings on the Core -1 Chain, pSTAKE, and Dexter, and what's in store for 2024 in our last Community Call of the year.
Set your reminders now ๐๐ผ
https://x.com/i/spaces/1rmGPMjwRRQJN
๐4๐ฅ2
The results are in! Prop 58 and 59, marking the first steps towards #XPRTforDexter initiative, have been passed by the $XPRT governance โ
The next and final proposal under this initiative by Dexter is expected to go live soon. Stay tuned!
https://x.com/PersistenceOne/status/1733774637857685510
The next and final proposal under this initiative by Dexter is expected to go live soon. Stay tuned!
https://x.com/PersistenceOne/status/1733774637857685510
๐ฅ3
The last and final proposal for #XPRTforDexter is now LIVE for voting ๐ฆพ
Prop #61: Transfer Dexter Vault and Multi-staking contract ownership to the Governance Admin Contract
If Persisters approve this proposal, $XPRT will become the default token for Dexter ๐ค
Cast your vote before 15th Dec 2023 ๐๐ผ
๐ธ Leap wallet:
https://cosmos.leapwallet.io/portfolio/gov/persistenceNew/61?chain=persistenceNew
๐ญ Keplr wallet:
https://wallet.keplr.app/chains/persistence/proposals/61
โน๏ธ Mintscanio:
https://www.mintscan.io/persistence/proposals/61
Prop #61: Transfer Dexter Vault and Multi-staking contract ownership to the Governance Admin Contract
If Persisters approve this proposal, $XPRT will become the default token for Dexter ๐ค
Cast your vote before 15th Dec 2023 ๐๐ผ
๐ธ Leap wallet:
https://cosmos.leapwallet.io/portfolio/gov/persistenceNew/61?chain=persistenceNew
๐ญ Keplr wallet:
https://wallet.keplr.app/chains/persistence/proposals/61
โน๏ธ Mintscanio:
https://www.mintscan.io/persistence/proposals/61