Persistence Week Review: May 29 - June 4 2023.
04 Jun 2023, 18:30
Persistence Week Review: May 29 - June 4 2023 ⏪
Recap everything that happened on the liquid staking hub of Cosmos in under 60 seconds 🦾
1. Key On-chain Metrics
🦾 TVL - $7.1M (🆙 7.5%)
🛡️ Bonded Ratio - 81.7%
🛠️ Txns - 29,121
📊 IBC Volume - $1.1M
🌐 Nakamoto Coefficient - 10
2. $XPRT Liquidity 🌊
- Dexter - $312K
- Osmosis - $273K
3. General Ecosystem 🦾
- Ledger joined the Persistence Ecosystem with native $XPRT support on Ledger Live & Ledger by Chorus One validator 🤝
- $XPRT incentives went live on the ATOM/XPRT pool on Dexter after the passing of Proposal 25 🤖
- Rebel DeFi covered the Persistence Ecosystem dApps in his latest YouTube video ℹ️
- @dneorej talked about liquid staking in the latest BareMetal Podcast 🎙️
- A brand new sprint with 1000 $XPRT rewards went live on the Persistence Zealy 🥳
- @xlab_gg conducted a workshop on the LSM at Gateway Conference in Prague 👨🏼💻
- Cosmic Validator covered the Persistence Ecosystem in their latest Cosmos Ecosystem News ℹ️
- 4 proposals were passed by the $XPRT governance ✅
- Partnered with SubQuery Network for on-chain indexing 🤝
4. Tech 🧑💻
- Launched new testnet
- Prepared for LSM demo at Gateway
- Further work on LSM
5. pSTAKE on Cosmos 🌊
- Crossed $5M in TVU with 497K+ $ATOM liquid staked on pSTAKE 🚀
- The number of stkATOM LPs grew by 3X in May 2023 🌊
6. Dexter 🤖
- A new reward schedule went live on Dexter 🤖
- The Dexter team joined an AMA with Leap Wallet 🐸
- Dexter hinted at something special coming soon 👀