Persistence Week Review: April 24 - April 30 2023. Recap everything that happened in the last week in under 60 seconds.
01 May 2023, 07:18
Persistence Week Review: April 24 - April 30 2023. 🦾
Recap everything that happened in the last week in under 60 seconds. 🤝
1. Key On-chain Metrics
🦾 TVL - $5.11M
🛡️ Bonded Ratio - 80.1%
🛠️ Txns - 36,125
📊 IBC Volume - $1.55M
👝 Active addresses - 2,357
🔁 IBC transfers - 2,232
🌐 Nakamoto Coefficient - 10
2. General Ecosystem 🦾
- 2023 Roadmap Update blog (https://blog.persistence.one/2023/04/25/persistence-2023-liquid-staking-roadmap-update/)
- The Liquid Staking Module by Zaki went live on the Persistence Testnet, a first in cosmos.
- Whale Alert: persistence****fl582e liquid staked 7500 $ATOM on pSTAKE & added ~$173,000 in liquidity on Dexter in just 2 txns, a testament to the UX on Persistence.
- @dneorej will speak at in Prague about using the Liquid Staking Module.
3. Tech 🧑💻
- Successful testnet v8 upgrade
- End-to-end testing of LSM & Oracle on testnet
- Impact of LSM on wallets/dApps/governance
4. pSTAKE for Cosmos 🌊
- stkATOM went live as collateral on
- The stkATOM Metastable pool on app.dexter.zone/pools crossed $1M in liquidity.
- Leap Wallet support is coming soon on cosmos.pstake.finance
5. Dexter 🤖
- Dexter surpassed $1.5M in TVL.
- Dexter is working on adding Mobile support, Multiple wallet support, Instant LP unbonding, Transaction history page & Analytics.
- A new reward schedule for May 2023 is now live. (https://twitter.com/dexter_zone/status/1652599210473291776)