Persistence One

Restaking

Proposal Details

Proposal #60

Passed

Proposal title

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

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

96.05%

Proposal #60 description

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

Context

Persistence Proposal 21 allocated 1M XPRT from the Ecosystem wallet to bootstrap XPRT liquidity on Dexter and Osmosis. So far, 808,700 XPRT tokens (80.87%) have been used via governance approval. Considering the above, this proposal suggests keeping the same incentives as the last cycle to continue steady and sustainable liquidity growth across diversified pools on Dexter.

Proposal

The next leg of XLB incentives from the Persistence Incentivization Multisig in December 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 December 2023
  • Allocate 10,000 XPRT to XPRT/OSMO (Pool #1101) on Osmosis Supercharged Liquidity over 30 days, starting around 9 December 2023
  • Allocate 10,000 XPRT to XPRT/USDT on Dexter for 7-day LP bonding over 30 days, starting around 9 December 2023

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 #60 overview

Total votes
485
Voters
453
Total deposit
3,500 XPRT