Persistence One Official Announcements
4.99K subscribers
800 photos
51 videos
1.09K links
Persistence One is building the BTCFi Liquidity Hub, enabling fast, near zero-slippage swaps for the Bitcoin ecosystem.

Community Chat: @PersistenceOneChat
Website: https://persistence.one
X: https://twitter.com/PersistenceOne
Download Telegram
[Persistence Governance]

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

โ„น๏ธ XPRT Liquidity Bootstrapping (XLB) Incentives October 2023

๐Ÿธ Leap Wallet, ๐Ÿ”ญ Keplr Wallet, ๐Ÿ” Mintscan

โšก๏ธ Summary of Proposal 48

Proposed Incentives ๐Ÿ‘‡๐Ÿผ

๐Ÿค– ATOM/XPRT on Dexter โ†’ 55,000 XPRT

๐Ÿงช 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, letโ€™s vote on this before 9 October 2023! ๐Ÿฆพ
[Persistence Forum Discusssion]

โ„น๏ธ Topic

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

โšกTl;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

๐Ÿ—ฃ๏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 benefits๐Ÿ‘‡๐Ÿผ

1๏ธโƒฃ Better on-chain monitoring of validator, delegation, IBC, ICA, ICQ, epoch, LSM usage on pSTAKE, and other events โ‡’ Resilient Core-1 Infrastructure ๐Ÿ”

2๏ธโƒฃ Reduction of block size as per Amulet Securityโ€™s Advisory for CometBFT โ‡’ Secure Core-1 ๐Ÿ”’

3๏ธโƒฃ Increase ICA timeout โ‡’ Enhanced User Experience for on-chain activities like Staking, IBC transfer, using dApps like pSTAKE and Dexter, and more ๐Ÿค

4๏ธโƒฃ Increase max limit for $XPRT governance proposal length โ‡’ Simpler governance experience ๐Ÿ—ฃ๏ธ

5๏ธโƒฃ Additional c-value limits on pSTAKE โ‡’ Increased security checkpoint for stkTokens ๐Ÿ”

๐Ÿ—“๏ธ 2 Nov 2023, 3:30 PM UTC

๐Ÿธ Leap
๐Ÿ”ญ Keplr
โ„น๏ธ Mintscan
The wait for #StableDexter is over!

USDC from Noble and USDT from Kava are NOW LIVE on Dexter ๐Ÿค–

USDC/USDT and USDT/XPRT pools have been bootstrapped with Persistence Community Owned Liquidity (PCOL) and incentivized with $XPRT ๐Ÿฆพ

๐Ÿค– https://app.dexter.zone/pools

๐Ÿ—ฃ https://twitter.com/dexter_zone/status/1722624400388915528

#BuiltOnPersistence
๐Ÿ”ฅ14
[Native USDC and USDT on Persistence]

A booming LSTfi economy will need a booming stablecoin landscape.

In our latest blog, we look at๐Ÿ‘‡

๐Ÿฆพ 8 Benefits of stablecoins to Persistence

โ„น๏ธ How to transfer $USDC and $USDT to Persistence (from within and outside of Cosmos) for use on Dexter

Read more ๐Ÿ‘‰ https://blog.persistence.one/2023/11/09/stablecoins-usdc-and-usdt-on-persistence/
๐Ÿ”ฅ9๐Ÿ‘Ž1
[Forum Discussion]

โ„น๏ธ Govern Dexter through XPRT and accelerate growth

โšกTl;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

๐Ÿฆพ Benefits

๐Ÿค Persistence Ecosystem and Dexter become more closely tied and aligned
๐Ÿ—ณ Strengthens the power of XPRT for governance
๐Ÿ™Œ Increased XPRT token utility through its role in increasing Traction
๐Ÿ›  Paves the way for other dApps (in the future) to launch without the hassle of a token and prioritizing protocol features
โœ… Mitigation of centralization risk of using multisigs on Dexter

๐Ÿ—ฃ๏ธ Persisters, let's voice our opinions and contribute to one of the most important Persistence Forum discussions.
๐Ÿ”ฅ5๐Ÿ‘1
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? ๐Ÿ‘€

Our latest blog shares an update & addresses some frequently asked questions about the XPRT coin-type migration๐Ÿ‘‡

https://blog.persistence.one/2023/11/22/xprt-coin-type-migration-update-for-staked-xprt/
๐Ÿ”ฅ5
A new $DYDX / $USDC pool incentivized with $XPRT is NOW LIVE on Dexterโ€™s base ๐Ÿ’œ

Deposit tokens from the dYdX chain and Noble directly on Dexter ๐Ÿค– or transfer to Persistence in a single click using Leap Wallet, Keplr Wallet, TFM, or Skip Protocol ๐Ÿค

#BuiltOnPersistence ๐Ÿฆพ
๐Ÿ”ฅ5
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 ๐Ÿ‘‡๐Ÿผ

๐Ÿธ Leap Wallet: https://cosmos.leapwallet.io/portfolio/gov?chain=persistenceNew

๐Ÿ”ญ Keplr Wallet: https://wallet.keplr.app/chains/persistence?tab=governance

โ„น๏ธ Mintscan: https://www.mintscan.io/persistence/proposals
๐Ÿ”ฅ5๐Ÿ‘1
Dexter will become decentralised with $XPRT governance.

In our latest blog, dive into๐Ÿ‘‡๐Ÿผ

๐Ÿฆพ #XPRTforDexter

๐Ÿค XPRT & Dexterโ€™s symbiotic relationship

๐Ÿ” A new flywheel effect for the ecosystem

Read more ๐Ÿ‘‡

https://blog.persistence.one/2023/12/05/decentralising-dexter-with-xprt-governance/
๐Ÿ”ฅ2
2023 was a year of building and shipping in the Persistence Ecosystem! ๐Ÿฆพ

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 ๐Ÿ‘‡๐Ÿผ

https://x.com/i/spaces/1rmGPMjwRRQJN
๐Ÿ‘4๐Ÿ”ฅ2
The results are in! Prop 58 and 59, marking the first steps towards #XPRTforDexter initiative, have been passed by the $XPRT governance โœ…

The next and final proposal under this initiative by Dexter is expected to go live soon. Stay tuned!

https://x.com/PersistenceOne/status/1733774637857685510
๐Ÿ”ฅ3
The last and final proposal for #XPRTforDexter is now LIVE for voting ๐Ÿฆพ

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 ๐Ÿค–

Cast your vote before 15th Dec 2023 ๐Ÿ‘‡๐Ÿผ

๐Ÿธ Leap wallet:
https://cosmos.leapwallet.io/portfolio/gov/persistenceNew/61?chain=persistenceNew

๐Ÿ”ญ Keplr wallet:
https://wallet.keplr.app/chains/persistence/proposals/61

โ„น๏ธ Mintscanio:
https://www.mintscan.io/persistence/proposals/61
Refresh your memories on everything Persistence - ๐—–๐—ผ๐˜€๐—บ๐—ผ๐˜€ ๐—ฎ๐—ฝ๐—ฝ ๐—ฐ๐—ต๐—ฎ๐—ถ๐—ป ๐—ณ๐—ผ๐—ฟ ๐—Ÿ๐—ถ๐—พ๐˜‚๐—ถ๐—ฑ ๐—ฆ๐˜๐—ฎ๐—ธ๐—ถ๐—ป๐—ด ๐——๐—ฒ๐—™๐—ถ.

Learn about its evolution, the ever-growing ecosystem, on-chain traction, dApps โ€”pSTAKE Finance and Dexter, network economics, $XPRT utility, vision, and more, all through our latest one-stop blog ๐Ÿ‘‡๐Ÿผ

https://blog.persistence.one/2023/12/12/persistence-cosmos-app-chain-for-liquid-staking-defi/
๐Ÿ”ฅ3
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 โ›“๏ธ

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 ๐Ÿ‘‡๐Ÿผ

https://forum.persistence.one/t/collaboration-with-cryptocrew-for-guaranteed-relayer-slas/317
๐Ÿ‘4๐Ÿ‘Ž1
Congratulations, Persisters! $XPRT now takes its place as the default token for Dexter โœ…

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 ๐Ÿค

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 ๐Ÿฆพ
๐Ÿ”ฅ8๐ŸŽ‰4
2023 was a leap in the adoption of Persistence ๐Ÿฆพ

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: Donโ€™t forget to grab a captivating alpha at the end ๐Ÿ˜‰๐Ÿ‘‡๐Ÿผ

https://blog.persistence.one/2023/12/18/2023-a-leap-in-the-adoption-of-persistence/
๐Ÿ”ฅ6๐Ÿ‘1
The launch of stkXPRT will be a liquid staking marvel on Persistence, brought to you by pSTAKE ๐Ÿค Dexter ๐Ÿฆพ

Persisters, hereโ€™s everything coming at your fingertips in Q1 2024 ๐Ÿ‘€

https://x.com/PersistenceOne/status/1737491115731767501?s=20
๐Ÿ”ฅ7
Persisters, Prop #62, Increase spread factor of stkATOM/ATOM pool on Dexter from 2% to 5% is now LIVE for voting ๐Ÿ—ณ๏ธ

This marks the first proposal for parameter changes in Dexter following the successful adoption of #XPRTforDexter ๐Ÿฆพ

Letโ€™s see how it benefits Dexter users๐Ÿ‘‡๐Ÿผ

1. More trade opportunities for traders โšก
2. Enhanced yield from swap fees for Liquidity Providers ๐Ÿ’ฐ
3. Balanced Risk-Reward Ratio โš–๏ธ

Vote on the proposal before 26th Dec 2023 ๐Ÿ‘‡๐Ÿผ

๐Ÿธ Leap wallet: https://cosmos.leapwallet.io/portfolio/gov/persistenceNew/62?chain=persistenceNew

๐Ÿ”ญ Keplr wallet: https://wallet.keplr.app/chains/persistence/proposals/62

โ„น๏ธ Mintscanio: https://www.mintscan.io/persistence/proposals/62
๐Ÿ”ฅ1
Entering the AstroWars 2.0! โœฆ ๐Ÿฆพ

Persistence Labs is thrilled to announce that it has completed an OTC purchase of $ASTRO tokens. This strategic move will help to establish deep liquidity for pSTAKE issued LSTs like stkATOM on Astroport on Neutron and forge a fruitful long-term partnership ๐Ÿค

https://x.com/PersistenceOne/status/1738155741293294031?s=20
๐Ÿ”ฅ9