[Governance]

Proposal #34 is live on the Persistence Core-1 chain for voting.

ℹ️ Topic: Additional incentives for XPRT liquidity on Osmosis

🌐 Proposal link:

Keplr: https://wallet.keplr.app/chains/persistence/proposals/34
Leap: https://cosmos.leapwallet.io/gov/persistence/34
Mintscan: https://www.mintscan.io/persistence/proposals/34

⚡️Tl;dr of Proposal 23:

128,700 XPRT from the Persistence Incentivization Multisig (passed in Proposal 21) to the XPRT/OSMO (Pool #15) on Osmosis for 14-day LP bonding over 90 days.

🚨 Persisters, let’s be sure to vote on this proposal before 8 June 2023! 🦾

gm Persisters!

We are thrilled to unveil an exciting partnership with Layer3 to help onboard quest seekers to Cosmos and introduce them to $ATOM liquid staking on Persistence 🚀

Layer3 is an innovative platform that introduces crypto enthusiasts to exciting Web3 projects through captivating quests.

Persistence is the first project in the Cosmos ecosystem to launch a quest with Layer3 🦾

https://layer3.xyz/quests/liquid-staked-atom-with-persistence

GM Persisters! 🦾
Set your reminders for today’s Ecosystem Community Call yet?

⏮️ May 2023 Recap with 40% TVL growth on the chain

🌊 Latest with pSTAKE

🤖 Highlights from Dexter’s base & new Trader Rebate Program

⏭️ Upcoming chain upgrade & what’s ahead in the Ecosystem

Look forward to seeing everyone there! 😎

🗓️ 8 June, 3:00 PM UTC

📍 https://twitter.com/i/spaces/1DXxyveVRnEKM

Dexter Tradooor Rebate Program is now live! 🤖🦾

- Traders on the stkATOM/ATOM pool will get a rebate of the standard swap fees of 0.3% and also receive an extra incentive of 0.05% for each trade executed.

- Rewards will be distributed as XPRT tokens airdropped on a daily epoch basis.

- The rebate program will run until a cap of 34,500 XPRT tokens is reached.

🔄 Trade Now: https://app.dexter.zone/rebate-program

ℹ️ Learn More: https://medium.com/dexter-zone/announcing-the-tradooor-rebate-program-1b2c22e2c3aa

On-chain governance has played a vital role in XPRT incentives such as the Dexter grant & $XPRT Liquidity Bootstrapping.

A dedicated page to track XPRT incentives from the Ecosystem & Community Pool wallets with in-depth details on proposals, spends, & outcomes will give Persisters a holistic view to stay up-to-date. ℹ️

We’ve made just that!👇🏼

https://persistence.notion.site/XPRT-Incentives-Log-e82b48c0656242439bae3e201143fdbf?pvs=4

Base Report 🤖📄

Dexter crossed $2.5M in total liquidity, and $1M in total volume 🚀

#stkATOM / $ATOM - $2,388,689
$XPRT / $ATOM - $406,229

The Tradooor Rebate program continues to drive volume on the stkATOM/ATOM Metastable pool 💸

http://app.dexter.zone/pools

Spread the word - https://twitter.com/dexter_zone/status/1669374757979017219

[Ecosystem Partnership]

Babylon, a blockchain platform that leverages the security of Bitcoin, has integrated with Persistence on its testnet.

This will bring enhanced transaction security and the option of lower bonding periods to the Persistence core-1 chain.

ℹ️ Learn More: https://twitter.com/babylon_chain/status/1671148723685007363

🗣 @dneorej, Persistence Ecosystem Lead, will also be joining Babylon’s Scaling Bitcoin Twitter Space on 21 June 2023 at 2 PM UTC to discuss potential synergies & give general updates.

[XPRT Liquidity Bootstrapping Update]

In less than a month since Proposal 34 was passed (XPRT incentives on Dexter), liquidity has 2x-ed to $545k+ 🦾

@dneorej: “The power of community governance at its finest!”

🤖 Checkout the ATOM/XPRT pool on Dexter

ℹ️ Learn more about XPRT Incentives Log

Dexter's base can now be accessed on mobile devices📱

Users can access Dexter on the go with Keplr and Cosmostation on mobile devices 🤳

Check it out here 👇

app.dexter.zone

📣 Spread the word - https://twitter.com/dexter_zone/status/1676639522455715840

[ Persistence Ecosystem Community Call ]

Time to unpack all the latest happenings and growth in the Persistence Ecosystem with pSTAKE & Dexter from June 2023! 🦾

We're inviting everyone to come chill with us & talk about:

🛠 Traction highlights (~$6M on-chain TVL)

🤝 Community spotlight

🫡 What's coming ahead (5 items from our 2023 Roadmap)

Please set a reminder for our Community Call #3 now & see you there👇🏼

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

We are hosting our second Discord Office Hours tommorow, 21st July, at 2 PM UTC 🕑

Office Hours will be a chill session with the team to discuss product updates, new ideas, feedback from the community, and some alpha 😉

See you here👇

https://bit.ly/3K3vqSW

📣 Spread the word - https://twitter.com/dexter_zone/status/1681710556254994435

[Persistence Q2 2023 Recap]

If Q1 23 was characterized by ‘rollout’, safe to say that since then we have seen the ‘kickoff’ of traction, expansion, and growth in the Persistence Ecosystem.

Review all the happenings from Q2 2023 in the Persistence Ecosystem, pSTAKE, and Dexter in this quarterly recap from a 🤝 traction, 🫂 expansion, and 🔒 security POV.

Read Now 👉 https://blog.persistence.one/2023/07/24/persistence-quarterly-recap-q2-2023/

[Forum Discussion]

ℹ️ Topic: Persistence Community Owned Liquidity: bootstrap Liquidity Pools on Dexter

⚡Tl;dr: Use 41,000 XPRT tokens (~$10,000) from the Persistence Community Pool to bootstrap the PSTAKE/XPRT pool on Dexter as the first experiment of PCOL. The Liquidity will be bonded on Dexter, and all rewards generated will be sent back to the Community Pool at fixed intervals.

For the first time, the Persistence Community will own liquidity, and the community pool will diversify by accumulating tokens other than XPRT. A PCOL system will set a precedent for other projects to bootstrap liquidity on Dexter.

The proposed PCOL system aligns the three major aspects of any prospering DeFi Ecosystem: dApp Traction, Ecosystem Alignment, and Community Buy-in 🤝

Let’s be sure to share your thoughts on the forum, Persisters! 🦾

📣 Come chill with us this Thursday in our Community Call to talk about:

🚁 Ecosystem updates
🛠 Traction highlights
🔦 Community shoutouts
➕ Much more

Don't miss out! 😉
🌐 https://twitter.com/i/spaces/1vOGwMrqlWgxB?s=20

🚨 Today’s Persistence Ecosystem Community Call is postponed as some speakers cannot make it at the scheduled time, unfortunately.

We know how much the community looks forward to these calls and will return with a new date soon! 🫡

Join our discord to stay on top of everything Persistence 👇
https://discord.com/invite/qXRmTTGcYD

[Persistence Governance Proposal 37]

ℹ️ Topic: Create and bootstrap PSTAKE/XPRT pool on Dexter with Persistence Community Owned Liquidity

🌐 Proposal links - Keplr, Leap, Mintscan

🗣 Discussion - Persistence Forum

Let’s be sure to vote on this before 21 August 2023 🦾

[Persistence Forum Discusssion]

ℹ️ Topic: Next steps in XPRT Liquidity Bootstrapping (XLB) on Dexter and Osmosis

⚡Tl;dr: Proposal 21 allocated 1M XPRT from the Ecosystem wallet to bootstrap XPRT liquidity on Dexter and Osmosis. So far, 628,700 XPRT tokens (~62.87%) have been used via governance approval.

XPRT is back to being one of the most liquid tokens in Cosmos, with an overall 3X increase in liquidity (~$900k+ currently) since the XLB discussion was started. The original goal of Proposal 21 has been achieved 🦾

The newly proposed incentives amount to 2533.3 XPRT per day, a ~50% reduction with three key considerations:

1) Reducing token incentive spend while growing liquidity
2) Striking a balance between staking and LPing XPRT
3) Testing the waters with a 30-day period

🗣️ Let's contribute to XLB by voicing our opinions on the forum discussion, Persisters!

[Persistence Governance Proposal 40]

ℹ️ Topic: Next leg of XPRT Liquidity Bootstrapping (XLB) incentives on Dexter and Osmosis

🌐 Proposal links - Keplr, Leap, Mintscan

🗣 Discussion - Persistence Forum

Persisters, let’s be sure to vote on Proposal 40 before 28 August 2023 🦾

One of the biggest Persistence chain upgrades (v8) is right around the corner! 👀

Let’s break down all the new cool things it brings and how they will benefit the ecosystem 🦾

Set those reminders now👇
https://twitter.com/i/spaces/1ynJOalwYawKR

Quickly head over to Twitter as our talk about Persistence’s biggest chain upgrade yet will soon start! 🤩

Don’t miss out!
https://twitter.com/i/spaces/1ynJOalwYawKR?s=20

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