Renewed Foundation Delegation Program is now live! 🎉

The Persistence Foundation is happy to announce a new Foundation Delegation Program, for which all details can be found here.

♦️Last date of submissions: Friday 30 Dec 2022 (23.59 UTC)
♦️First Round of delegations: Friday 13 Jan 2023

We are looking forward to receiving your application and kickstarting this new program to further decentralise the Persistence network and improve the ecosystem overall.

In the meantime, if you have any questions, please feel free to reach out to us directly.

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The Cosmos Ecosystem is exploding, and Persistence is leading the way.

Find out what the @PersistenceOne is doing to accelerate growth: https://www.m6labs.co/p/an-introduction-to-persistence-one

Persistence and Cosmoverse are hosting a Cosmos meetup in Bangalore ⚛️

If you are around, join us on a Saturday evening in the cool Bangalore weather for drinks with fellow builders and celebrate the growing Cosmos community 🍻

📆 Date: December 17th
⏰ Time: 5 PM
📍Venue: Daddy, Indiranagar

Registration Link: https://lu.ma/ATOM-BLR

Wishing all our community members a Merry Christmas and a Happy New Year 2023. 🎉✨

Three years ago today, Persistence was introduced, marking the beginning of an exciting chapter as we joined the pioneers of Cosmos in building the interchain ecosystem.

Learn more about our journey: https://twitter.com/persistenceone/status/1610277982223974403

Persistence Monthly Newsletter #27 🦾

As 2022 comes to a close, December marked a key building period for Persistence's liquid staking DeFi primitives, including Dexter, setting the stage for 2023 ✅

A big thanks go out to our community for supporting us throughout 2022, and we look forward to an exciting and fruitful new year, with much more to come 📅

Highlights:

♦️ Announced new Persistence Foundation Delegation program
♦️ Release of Dexter grant governance proposal
♦️ Persistence x Cosmoverse meetup in Bangalore
♦️ M6 Labs Research report on Persistence

🌐 Blog: https://blog.persistence.one/2023/01/04/community-newsletter-27-december-2022/

GM!

Dexter's base has a new homepage 🏘

Get a glimpse of what's going on at the base here 👇

Check out Dexter Zone's updated website - dexter.zone

🗣️ Spread the word: https://twitter.com/dexter_zone/status/1613880302694240257

Core-1 Chain Update 📢

The Persistence Core-1 chain underwent a v6 upgrade at block height 9601000.

The upgrade included the following:

- pSTAKE stkATOM’s c-value adjustment
- Untombstoning of 5 validators jailed during the v4 upgrade
- Chain components upgrade (SDK, IBC, CW versions)

Read full details: https://twitter.com/persistenceone/status/1614486140744261632

Persistence Statistics & Key Updates: January 17, 2023

There's strength in numbers, and things have been looking up for $XPRT and our ecosystem over the past few weeks.

Attention Persistence Community

Persistence has launched community on @crew3xyz where the first quests are already waiting for you! 🎉

This month, @DexterZoneOfficial is in the spotlight and $500 worth rewards are to be distributed amongst the top performers!

Participate Now: https://persistenceecosystem.crew3.xyz/questboard

pSTAKE for Cosmos went live on Persistence Core-1 chain on January 12th, 2023. Since then:

- 41,643 $ATOM staked
- 336 stkATOM minting transactions
- Proposed ERC-20 stkATOM and stkXPRT migration

Let’s deep dive into #stkATOM and recap 10-day activity: https://twitter.com/PersistenceOne/status/1617535604350414850

#BuiltOnPersistence

Wishing the entire Persistence's community a very happy lunar new year! 🧧🎉

Persistence Foundation recently completed Foundation Delegation Program's Round 1.

Some key highlights:

- 67 validators filled out the application, and 42 validators received the delegation
- Validator Nakamoto Coefficient improved from 4 to 8
- $XPRT stake was significantly Decentralized across the active set
- Average commission rate came down to 9.96%

Let's dive into the thought process behind the latest program and notable improvements: https://twitter.com/persistenceone/status/1618659821531828225

#YearOfPersistence #DecentralizingPersistence

Proposal #16 is live on the Core-1 chain and under voting.

The proposal focuses on parameter changes to distribute the $XPRT inflation better.

Read more: https://www.mintscan.io/persistence/proposals/16

A forum discussion is underway regarding the Proposal #16 highlighting the ongoing efforts and additional details on some of the points mentioned in the proposal: https://forum.persistence.one/t/governance-discussion-proposal-16-feedback-and-action-points/175

Join the conversation 🫱🏼‍🫲🏽

[#Governance]

Proposal #16 on the Persistence Core-1 chain passed and 99.93% of participating voting power favoured the proposal.

This proposal will be pivotal point in the XPRT inflation.

Let’s dive deep into the proposal and its impact on the Core-1 chain and XPRT: https://twitter.com/PersistenceOne/status/1620699642538385409

Persistence Statistics: February 1st, 2023

Things continue to remain strong and steady for Persistence ecosystem.

Persistence Newsletter #28 🦾

The Persistence ecosystem continued to grow and blossom throughout January.

Full recap below: https://blog.persistence.one/2023/02/02/community-newsletter-28-january-2023/

[#FoundationDelegationProgram]

We would like to invite all validators and community members to share their thoughts and suggestions on how we can improve Round 2 of the Foundation Delegation Program. We understand that there is a lot of room for improvement and growth, and we want to ensure that we are providing the best possible experience for our validators.

Feedback form: https://forms.gle/SpcYabkcAELFHwfGA

Some questions we would like to ask for your feedback on include:

1. What changes would you like to see in the application process or requirements for Round 2?
2. How can we further encourage and reward active participation from validators in the growth of the Persistence ecosystem?
3. How can we improve the process of allocating delegations to validators to ensure fairness and equity?

Your feedback is important to us and will help us make the next round of the Foundation Delegation Program even better. Please feel free to share your thoughts in this forum or in the Persistence Discord server.

The crypto industry is going thru an evolution cycle, w/ users moving towards decentralized platforms, regulations tightening on CEXs, and the focus on UX & security.

In all this, LIQUID STAKING is emerging as the most exciting space

How is Persistence best suited to benefit?
- One-stop solution for users looking to explore liquid staking and DeFi
- Seamless UX
- DeFi primitives to bootstrap liquidity which is critical for the success of liquid-staked assets
- Security-first product development approach

Read more: https://twitter.com/PersistenceOne/status/1624076968579801090

[Core-1 Chain 30D Activity]

pSTAKE for Cosmos' #stkATOM has been live on the Persistence Core-1 chain for 30 days now.

Let's dive into the impact it had on the Core-1 chain activity: https://twitter.com/PersistenceOne/status/1625145564529557504

[Governance Update]

Proposal #18 is live on-chain for voting. We encourage all the $XPRT community members and validators to participate.

Proposal: Increase Minimum Validator Fee to 5%

Vote now: https://www.mintscan.io/persistence/proposals/18