[Persistence Forum Discusssion]. Topic: Next steps in XPRT Liquidity Bootstrapping (XLB) on Dexter and Osmosis.

21 Aug 2023, 12:41

[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!

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PersistenceXPRT #641

22 Aug 2023, 11:41

💬 A new discussion has been started on the Persistence Forum by @dneorej : Next steps in XPRT Liquidity Bootstrapping (XLB) on @dexter_zone and @osmosiszone 🗣️ Let's contribute to XLB by sharing our thoughts on the forum discussion, Persisters! 👉

A new discussion has been started on the Persistence Forum by @dneorej : Next steps in XPRT Liquidity Bootstrapping (XLB) on @de

PersistenceXPRT #641

21 Aug 2023, 13:44

The original goal of @PersistenceOne Proposal 21 has been achieved with a ~3X increase in XPRT liquidity ($800k currently) on DEXs like @dexter_zone and @osmosis . Started a forum discussion suggesting a new Incentivization Strategy from here on. With ~2533.3 XPRT proposed per…

The original goal of @PersistenceOne Proposal 21 has been achieved with a ~3X increase in XPRT liquidity ($800k currently) on DE