Observatory
Persistence One
Governance
Proposal #57

Persistence One

Restaking

88

Last synced N/A

Proposal Details

Proposal #57

Passed

Proposal title

XPRT Liquidity Bootstrapping (XLB) incentives on Dexter and Osmosis - November 2023

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

97.72%

Proposal #57 description

XPRT Liquidity Bootstrapping (XLB) incentives on Dexter and Osmosis - November 2023

Context

Persistence Proposal 21 allocated 1M XPRT from the Ecosystem wallet to bootstrap XPRT liquidity on Dexter and Osmosis. So far, 748,700 XPRT tokens (74.87%) have been used via governance approval. In-depth insights around the use of the incentives, their efficacy, and learnings can be found in the public XPRT Incentives Log.

Considering the above, this proposal suggests keeping the incentives the same as the last cycle and introduce incentives for a new XPRT/USDT pool on Dexter. This suggestion is influenced by three key factors:

  1. Diversifying token incentives to new pools to grow liquidity
  2. Striking a balance between staking and LPing XPRT
  3. Testing the waters with a 30-day period

Proposal

The next leg of XLB incentives from the Persistence Incentivization Multisig in November 2023 is proposed as follows:

  • Allocate 50,000 XPRT to ATOM/XPRT on Dexter for 7-day LP bonding over 30 days, starting around 9 November 2023
  • Allocate 10,000 XPRT to XPRT/OSMO (Pool #1101) on Osmosis Supercharged Liquidity over 30 days, starting around 13 November 2023
  • Allocate 10,000 XPRT to XPRT/USDT on Dexter for 7-day LP bonding over 30 days, starting after the pool goes live

Voting

  • By voting YES, you agree with the proposed next leg of XLB incentives on Dexter and Osmosis.
  • By voting NO, you disagree with the proposed next leg of XLB incentives on Dexter and Osmosis.
  • By voting NO WITH VETO, you think this is a SPAM proposal, and the proposal’s creator should lose their deposit.
  • By voting ABSTAIN, you choose not to participate in this proposal’s voting; however, you contribute to the quorum.

Proposal #57 overview

Total votes
366
Voters
356
Total deposit
3,500 XPRT

Proposal #57 votes

#

Validator

Account Address

Options
1Coinage x DAICYes
2ALTER | pathrockYes
3BlueStake 🚀 | 100% insuranceYes
4RockawayX InfraYes
5POSITIVA UltraYes
6Atlassian 🤝Yes
7[Sunsetting on July 17 - please redelegate]Yes
8Simply StakingYes
9NoNameStakingYes
10NansenYes
11IRISnetYes
12CrosnestAbstain
13Chorus OneYes
14StakinYes
15Stakely.ioYes
16ZenscapeYes
17Stake&Relax 🦥Yes
18CosmostationYes
19Synergy NodesYes
20[Sunsetting, please redelegate] ForboleYes
21LoulouCryptoYes
22ProvalidatorYes
23EnigmaYes
24StakecitoYes
25Frens (🤝,🤝)Yes
26KalpaTechYes
2701nodeYes
28AUDIT.oneYes
29Kitkat by EVIAYes
30DOUBLETOPYes
31Cosmonaut Stakes 🤖Yes
32CommonwealthCollective.ioYes
33StakePoolYes
34Swiss StakingYes
35POSTHUMAN 🧬 StakeDropYes
36Smart Stake 📈📊Yes
37Stakewolle.com | Auto-compoundYes
38Architect NodesYes
39Please undelegateYes
40MeriaYes
41✅ CryptoCrew Validators #IBCgangYes
42StakeflowYes
43AllnodesYes
44Active NodesYes
45Cosmic ValidatorYes
46LuganodesYes
47PoS NodeYes
48Citadel.oneYes
49HighStakes.ch | Daily AirdropsYes
50coinhall.org 📈🔄Yes
51Imperator.coYes
52COSMØSTAKEYes
53KleomedesYes
54SHUTTING DOWNYes
55polkachu.comYes
56Nodes.GuruYes
57AlxVoy ⚡ ANODE.TEAMYes

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