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

[Twitter Space]

Hosting a Twitter space today at 1 PM UTC with the @pSTAKE_Cosmos team to discuss:

- Growth and challenges
- Opportunities ahead for the team and users of the application
- Key observations on liquid staking in #Cosmos
- What's coming next on pSTAKE for Cosmos?

https://twitter.com/i/spaces/1MYGNgYyynoJw

[Integration]

DefiLlama integrated the Persistence Core-1 chain.

Users can now track various chain metrics such as TVL, active users, and ecosystem applications on the comprehensive dashboard.

This is the first of many integrations that will provide better insight into the growth of the Persistence ecosystem.

Note: The dashboard is syncing with the chain, and the data may take some time to reflect.

More details: https://twitter.com/DefiLlama/status/1627805763400871940

[Goverance]

Proposal to upgrade the Persistence Core-1 chain to v7 is live for voting.

We urge all validators and community members to participate in the upgrade proposal by casting your vote.

Proposal: https://www.mintscan.io/persistence/proposals/19

More details: https://twitter.com/PersistenceOne/status/1628697291937792000

Introducing Rave Testnet

Dexter is almost done with building the base at Persistence. Before the grand unveiling of the base, all #Cosmonauts are invited to test it out.
Join Dexter for a party at the base starting 27th Feb.

Get ready to trip on LSDs(Liquid Staking Derivatives)

8000 XPRT in rewards up for grabs 🎁

Read More - http://bit.ly/3Sz44Hy

🗣️ Spread the word: https://twitter.com/dexter_zone/status/1629155726114361344?s=46&t=ZCBi2yRBAg9N64oK7cmJiw

The party has started 🎉

Dexter is now live on testnet 🧪

https://testnet.app.dexter.zone

Join the Rave Testnet and win rewards from a pool of 8000 $XPRT 🎁

Check out the blog ➡️ http://bit.ly/3Sz44Hy

Read the docs here ➡️ http://docs.dexter.zone

[Ecosystem Growth]

With the launch of pSTAKE & Dexter on the Persistence Core-1 chain, the vision to build a highly capital-efficient ecosystem around LSDs is taking shape.

✅LSDs issuance
⌛️Liquidity for LSDs
Next: stkASSETs, dapps expansion

Learn about what does this mean for $XPRT & the ecosystem: https://twitter.com/PersistenceOne/status/1630568247136333825

[Governance]

Governance participation on the Persistence Core-1 chain is growing at a healthy rate.

Huge shoutout to the amazing validators and the $XPRT stakers.

Persistence Stats: March 1st, 2023 📊

Things have been awesome across the Persistence ecosystem in march, as developments continue to pave the way forward and activity steadily picking up over the last few weeks. 🦾

Persistence Newsletter #29 🦾

Throughout February, the Persistence ecosystem experienced growth and flourishing.

Full recap: https://blog.persistence.one/2023/03/02/community-newsletter-29-february-2023/

Persistence Core-1 Chain's IBC volumes are reaching new heights.

Top 10 in the last 7 days.

The interchain user experience gained attention in 2023 as crypto evolves beyond basic use cases.

Let's dive into the interchain UX challenges and how Persistence solves them for stakers: https://twitter.com/PersistenceOne/status/1633842651463286784

[Governance]

Proposal #20 is live on the Persistence Core-1 chain for voting.

Topic: Dexter - Update Instantiate Config of LP Token and Pool Codes

Proposal link: https://ping.pub/persistence/gov/20…

Quick breakdown of the proposal: https://twitter.com/PersistenceOne/status/1636325089128984576

Introducing Metastable Pools

Inspired by Balancer, Dexter has developed the Metastable pool.

Metastable pools make trading for yield-generating assets more efficient by quoting accurate prices using the current exchange rates of these assets ⚖️

Efficient trading for these assets will increase the adoption of liquid staking 🌊

By supporting assets from all liquid staking zones in the Cosmos, Dexter will become the liquidity hub for liquid-staked assets 💧

Metastable pools will be live at launch, look out for the stkATOM-ATOM pool 👀

[Governance]

Proposal #21 is live on the Persistence Core-1 chain for voting.

Topic: Allocate $XPRT Incentives to bootstrap deeper $XPRT liquidity

Proposal link: https://www.mintscan.io/persistence/proposals/21

Quick breakdown of the proposal: https://twitter.com/dneorej/status/1639248749611417600

Forum Discussion for Allocation of 1M $XPRT: https://forum.persistence.one/t/bootstrapping-xprt-liquidity-allocation-of-1m-xprt-incentives-proposal-21/197

Let’s have our say in deciding the future of $XPRT liquidity.

The Persistence Core-1 chain is now integrated on https://tfm.com/bridge. 🦾

Transfer assets to and from Persistence across IBC-enabled chains like the Cosmos Hub, Crescent, Osmosis, Injective & more in a single click.⚡

March was monumental for Persistence, with several vital developments in the future of the liquid staking hub of Cosmos. ⚛️

We would like to thank you all for being an important part of our journey during this month. 🤝

The Liquid Staking Hub era is now. 🦾

Let's dive deeper into the significant updates and statistics of the month.👇🏼

🌐 Read the full blog: https://blog.persistence.one/2023/04/04/community-newsletter-30-march-2023/

🧵 Skim through the thread: https://twitter.com/PersistenceOne/status/1643567260752117760

Persistence fam, celebrate the start of DeFi for LSTs on the Persistence Core-1 chain in a Twitter Space with the Dexter team. 🤖

A solid jam-packed agenda you don’t wanna be missing out on:

-> Review March 2023 for the Persistence Ecosystem
-> Tech updates from the Core-1 chain team
-> Getting to know Dexter in-depth & what differentiates it from other DEXs in Cosmos
-> Dexter team's experience of building on the Persistence chain
-> $XPRT liquidity on Dexter
-> How Persistence can be a great ecosystem aka liquid staking hub for other projects to build on top of
-> Get a few community members on stage to share their thoughts and ask questions


📅 1 PM UTC, 6 April 2023

🔔 Don’t forget to set a reminder now: https://twitter.com/i/spaces/1LyxBqrVnDnJN

Look forward to speaking with everyone! 🦾

[Governance]

🚨 Reminder that Proposal #22 is live on the Persistence Core-1 chain for voting.

ℹ️ Topic: Phase 1 Incentives Distribution for bootstrapping $XPRT liquidity

🌐 Proposal link: https://www.mintscan.io/persistence/proposals/22

🗣️ Forum Discussion for Allocation of 1M $XPRT: https://forum.persistence.one/t/bootstrapping-xprt-liquidity-allocation-of-1m-xprt-incentives-proposal-21/197

⚡Tl;dr of Proposal 22:

Spend 500K XPRT in Phase 1 Incentives Distribution as follows:

- Allocate 166,667 XPRT to XPRT/OSMO on Osmosis for 14-day LP bonding over 45 days, targetted to start around 15 April 2023

- Allocate 333,333 XPRT to ATOM/XPRT on Dexter for 7-day LP bonding over 45 days, targetted to start around 1 May 2023

Let’s be sure to vote on this before 13 April 2023 everyone! 🦾