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

XPRT/USDC - Aerodrome on Base

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

XPRT/USDC - Velodrome on Optimism

🛜 Platform: http://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

Bitcoin dominance is at its highest since April 2021, and it’s not just economic factors driving the surge! 🟠

Here’s a closer look at why BTCfi is playing a major role as BTC dominance rises.

Read more 👉 https://blog.persistence.one/2024/09/20/btcfi-takes-center-stage-as-bitcoin-dominance-sets-40-month-highs-whats-going-on/

🗣️ Spread the word: https://x.com/PersistenceOne/status/1837080555688710197

Put your WBTC to work in the XPRT/WBTC pool on Persistence DEX 🔁

30,000 XPRT incentives are live for September 🟠

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

🗣️ Spread the word: https://x.com/PersistenceOne/status/1838518824468971654

Coinbase Wrapped BTC (cbBTC)

~ 1,489 cbBTC ($95M) issued on Base
~ 73,000 holders and growing

Should we connect Base to all Bitcoin Layer 2s? Share your thoughts below!👇

https://x.com/PersistenceOne/status/1839229596581114307

📢 $XPRT Coin-type Migration Deadline Extended

We’re extending the Coin Type migration deadline by 6 months, moving it from 31st December, 2024 to 30th June, 2025.

For details, check out our docs 👉 https://docs.persistence.one/coin-type-migration-from-750-to-118

🗣️ Spread the word: https://x.com/PersistenceOne/status/1840701305163321719

Persistence One is excited to be partnering with B² Network 🤝

B² Network is one of the leading EVM-compatible Bitcoin Layer2 networks, soon to be integrated into our intent-based cross-chain BTC swapping solution.

As part of this partnership, token holders will be able to easily move B² BTC across multiple chains in the BTCfi world 🔁

Don’t miss out in the upcoming incentive-based activities this week! 🥳

https://x.com/PersistenceOne/status/1840772179975356553

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

Prop #117: Incentivization of Persistence DEX pools with stkXPRT, and PSTAKE rewards for October 2024

Don’t forget to cast your votes before 5th October 2024 🗳️👇

🐸 Leap: https://app.leapwallet.io/portfolio/gov/persistenceNew/117

🔭 Keplr: https://wallet.keplr.app/chains/persistence/proposals/117

ℹ️ Mintscan: https://www.mintscan.io/persistence/proposals/117

🗣️ Spread the word: https://x.com/PersistenceOne/status/1841024518350888973

Persistence September 2024 Update 🦾

From attending TOKEN2049 in Singapore to completing our first test transaction and sharing a sneak peek of our UI, explore everything that happened this September 2024 👉 https://blog.persistence.one/2024/10/02/persistence-september-2024-update/

🗣️ Spread the word: https://x.com/PersistenceOne/status/1841425848450294152

🚨 JUST IN: New XPRT Liquidity Opportunity in Multi-Chain DeFi

XPRT/BTC pool is now live on Osmosis 🧪

Trade or LP on Osmosis: https://app.osmosis.zone/pool/2197

Incentives coming 🔜

🗣️ Spread the word: https://x.com/PersistenceOne/status/1842142623902974092

Prop #117 has been approved by $XPRT governance, with over 92.38% of accounts voting in favor! ✅🦾

With the passing of Prop #117, the following incentives will be live to incentivize Persistence DEX pools with stkXPRT, and PSTAKE:

stkXPRT Incentives:

- PSTAKE/XPRT: 11,400
- USDC/USDT: 7,100
- ATOM/XPRT: 47,400
- USDT/XPRT: 19,000
- stkXPRT/XPRT: 20,900
- WBTC/XPRT: 47,400

PSTAKE Incentives:

- PSTAKE/XPRT: 30,000

Incentives will go live today at 5 PM UTC.

https://mintscan.io/persistence/proposals/117

🗣️ Spread the word: https://x.com/PersistenceOne/status/1842860419645370711