Persistence Proposal 42 has passed on-chain governance ✅

Next stop: v8 Pacaya, the biggest Persistence Core-1 chain upgrade ever.

👀 Keep an eye on the chain at ~11:20 UTC, 5 September 2023

Here are some useful resources for everyone👇

🛠 What does the v8 upgrade include?

ℹ️ ELI5 of the v8 upgrade’s benefits

[Persistence Governance]

Proposal #43 is live on the Persistence Core-1 chain for voting.

ℹ️ PersistenceCore v9 Katmai Upgrade

🐸 Leap Wallet, 🔭 Keplr Wallet, 🔍 Mintscan

⚡️ 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 pSTAKE’s adoption in Cosmos and TVL on Persistence 🦾

Let’s 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 😎

$400M - Amount of staked $ATOM the LSM unlocks to be instantly liquid staked into LSTs like #stkATOM on the pSTAKE dApp UI 🦾

HUGE for LSTfi on Persistence!

[Persistence Governance]

Proposal #48 is live on the Persistence Core-1 chain for voting.

ℹ️ XPRT Liquidity Bootstrapping (XLB) Incentives October 2023

🐸 Leap Wallet, 🔭 Keplr Wallet, 🔍 Mintscan

⚡️ Summary of Proposal 48

Proposed Incentives 👇🏼

🤖 ATOM/XPRT on Dexter → 55,000 XPRT

🧪 XPRT/OSMO on Osmosis → 10,000 XPRT

Overall ~15% reduction in XPRT incentives from the previous month, as suggested by the Persistence Community.

Persisters, let’s vote on this before 9 October 2023! 🦾

[Persistence Forum Discusssion]

ℹ️ Topic

Bootstrapping USDT and USDC liquidity on Dexter with Persistence Community Owned Liquidity (PCOL)

⚡Tl;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

🗣️ 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 benefits👇🏼

1️⃣ Better on-chain monitoring of validator, delegation, IBC, ICA, ICQ, epoch, LSM usage on pSTAKE, and other events ⇒ Resilient Core-1 Infrastructure 🔍

2️⃣ Reduction of block size as per Amulet Security’s Advisory for CometBFT ⇒ Secure Core-1 🔒

3️⃣ Increase ICA timeout ⇒ Enhanced User Experience for on-chain activities like Staking, IBC transfer, using dApps like pSTAKE and Dexter, and more 🤝

4️⃣ Increase max limit for $XPRT governance proposal length ⇒ Simpler governance experience 🗣️

5️⃣ Additional c-value limits on pSTAKE ⇒ Increased security checkpoint for stkTokens 🔐

🗓️ 2 Nov 2023, 3:30 PM UTC

🐸 Leap
🔭 Keplr
ℹ️ Mintscan

The wait for #StableDexter is over!

USDC from Noble and USDT from Kava are NOW LIVE on Dexter 🤖

USDC/USDT and USDT/XPRT pools have been bootstrapped with Persistence Community Owned Liquidity (PCOL) and incentivized with $XPRT 🦾

🤖 https://app.dexter.zone/pools

🗣 https://twitter.com/dexter_zone/status/1722624400388915528

#BuiltOnPersistence

[Native USDC and USDT on Persistence]

A booming LSTfi economy will need a booming stablecoin landscape.

In our latest blog, we look at👇

🦾 8 Benefits of stablecoins to Persistence

ℹ️ How to transfer $USDC and $USDT to Persistence (from within and outside of Cosmos) for use on Dexter

Read more 👉 https://blog.persistence.one/2023/11/09/stablecoins-usdc-and-usdt-on-persistence/

[Forum Discussion]

ℹ️ Govern Dexter through XPRT and accelerate growth

⚡Tl;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

🦾 Benefits

🤝 Persistence Ecosystem and Dexter become more closely tied and aligned
🗳 Strengthens the power of XPRT for governance
🙌 Increased XPRT token utility through its role in increasing Traction
🛠 Paves the way for other dApps (in the future) to launch without the hassle of a token and prioritizing protocol features
✅ Mitigation of centralization risk of using multisigs on Dexter

🗣️ Persisters, let's voice our opinions and contribute to one of the most important Persistence Forum discussions.

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? 👀

Our latest blog shares an update & addresses some frequently asked questions about the XPRT coin-type migration👇

https://blog.persistence.one/2023/11/22/xprt-coin-type-migration-update-for-staked-xprt/

A new $DYDX / $USDC pool incentivized with $XPRT is NOW LIVE on Dexter’s base 💜

Deposit tokens from the dYdX chain and Noble directly on Dexter 🤖 or transfer to Persistence in a single click using Leap Wallet, Keplr Wallet, TFM, or Skip Protocol 🤝

#BuiltOnPersistence 🦾

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 👇🏼

🐸 Leap Wallet: https://cosmos.leapwallet.io/portfolio/gov?chain=persistenceNew

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

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

Dexter will become decentralised with $XPRT governance.

In our latest blog, dive into👇🏼

🦾 #XPRTforDexter

🤝 XPRT & Dexter’s symbiotic relationship

🔁 A new flywheel effect for the ecosystem

Read more 👇

https://blog.persistence.one/2023/12/05/decentralising-dexter-with-xprt-governance/

2023 was a year of building and shipping in the Persistence Ecosystem! 🦾

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 👇🏼

https://x.com/i/spaces/1rmGPMjwRRQJN

The results are in! Prop 58 and 59, marking the first steps towards #XPRTforDexter initiative, have been passed by the $XPRT governance ✅

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 last and final proposal for #XPRTforDexter is now LIVE for voting 🦾

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 🤖

Cast your vote before 15th Dec 2023 👇🏼

🐸 Leap wallet:
https://cosmos.leapwallet.io/portfolio/gov/persistenceNew/61?chain=persistenceNew

🔭 Keplr wallet:
https://wallet.keplr.app/chains/persistence/proposals/61

ℹ️ Mintscanio:
https://www.mintscan.io/persistence/proposals/61

Persistence Labs is excited to announce its keen interest in acquiring $300k worth of $ASTRO tokens and enter the AstroWars 2.0 to support pSTAKE's stkATOM and other stkTokens.

Learn more 👇
https://forum.astroport.fi/t/persistence-labs-to-acquire-300k-worth-astro-tokens-to-forge-a-strategic-alliance-with-astroport-on-neutron/1430

Refresh your memories on everything Persistence - 𝗖𝗼𝘀𝗺𝗼𝘀 𝗮𝗽𝗽 𝗰𝗵𝗮𝗶𝗻 𝗳𝗼𝗿 𝗟𝗶𝗾𝘂𝗶𝗱 𝗦𝘁𝗮𝗸𝗶𝗻𝗴 𝗗𝗲𝗙𝗶.

Learn about its evolution, the ever-growing ecosystem, on-chain traction, dApps —pSTAKE Finance and Dexter, network economics, $XPRT utility, vision, and more, all through our latest one-stop blog 👇🏼

https://blog.persistence.one/2023/12/12/persistence-cosmos-app-chain-for-liquid-staking-defi/

Relaying operations are the backbone of the IBC and Cosmos tech stack. In an expanding interoperable ecosystem, relayers play a critical role in ensuring seamless communication and transaction flow ⛓️

A Community Pool spend discussion for onboarding CryptoCrew's guaranteed IBC and ICA relayer services to the Persistence Core-1 chain is live on the Forum.

Join the discussion now 👇🏼

https://forum.persistence.one/t/collaboration-with-cryptocrew-for-guaranteed-relayer-slas/317

Congratulations, Persisters! $XPRT now takes its place as the default token for Dexter ✅

The successful passing of Prop 61 has transferred the ownership of the Dexter Vault and Multi-staking contract to the Governance Admin Contract, completing the final step in the #XPRTforDexter initiative 🤝

Moving forward, any adjustments to the Dexter pool parameters, creation of new pools or reward schedules, or changes in the contracts will be determined by $XPRT governance, further empowering its influence 🦾

2023 was a leap in the adoption of Persistence 🦾

In our latest blog, take a quick journey through the monumental year 2023, filled with notable achievements, strategic partnerships, and significant LSTfi developments. Catch a glimpse of the exciting prospects awaiting us in 2024.

PS: Don’t forget to grab a captivating alpha at the end 😉👇🏼

https://blog.persistence.one/2023/12/18/2023-a-leap-in-the-adoption-of-persistence/