Persistence Week Review: May 8 - May 14 2023.
14 May 2023, 21:39
Persistence Week Review: May 8 - May 14 2023. 🦾
Recap everything that happened on the liquid staking hub of Cosmos in under 60 seconds. 🤝
1. Key On-chain Metrics
🦾 TVL - $6.1M (⬆️ 15%)
🛡️ Bonded Ratio - 80.4%
🛠️ Txns - 36,427
📊 IBC Volume - $1.5M
🌐 Nakamoto Coefficient - 10
2. General Ecosystem 🦾
- Prop 23 to change $XPRT inflation parameters passed.
- TFM posted a Persistence Ecosystem overview and how tfm.com/bridge enables Cosmonauts to move liquidity onto the chain. (https://twitter.com/tfm_com/status/1655902213146050560)
- @dneorej joined Axelar’s Twitter Space to discuss Persistence’s plans to use Cosmos GMP. (https://twitter.com/axelarcore/status/1656675402948177921)
- KitKat launched a Mainnet & Testnet $XPRT faucet. (https://kitkat.zone/faucet)
- Another Thursday Trivia was held in our discord. (persistence.one/discord)
3. $XPRT Liquidity 🌊
- - $233K
- - $265K
4. Tech 🧑💻
- Started work on cosmos-sdk v47 module refactoring
- Prep for Testnet upgrade underway
5. pSTAKE on Cosmos 🌊
- 400K+ $ATOM has been liquid staked on (http://cosmos.pstake.finance) since launch ~4 months ago.
6. Dexter 🤖
- The Dexter team joined a Twitter Space with Cosmos Club. (https://twitter.com/CosmosClub_/status/1654362461569531904)
- Transactions history went live on the Dexter dApp. (https://app.dexter.zone/transactions)
- Stakely posted a tutorial on how to use Dexter. (https://www.youtube.com/watch?v=YcIFm5y29hM)