Persistence Week Review: April 10 - April 16 2023. 🦾
Recap everything that happened in the last week in under 60 seconds. 🤝
1. Key On-chain Metrics
🦾 TVL - $4,452,307 🛡️ Bonded Ratio - 80.6%
🛠️ Txns - 49,830 📊 IBC Volume - $451,130
👝 Active addresses - 2,895 🔁 IBC transfers - 2,274
2. General Ecosystem 🦾
- The Persistence Core-1 chain crossed $4M in TVL, thanks to the recent launch of Dexter (
app.dexter.zone).
- Proposal 22: The $XPRT governance passed Phase 1 Incentives Distribution for bootstrapping $XPRT liquidity in cosmos.
-
@vandkar spoke in a space on Liquid Staking in Cosmos hosted by RAC_FM_Spaces alongside Quicksilver, Eris, & Liquid Finance. (
https://twitter.com/i/spaces/1ZkJzXVQgpgKv?s=20)
-
@dneorej shared some high-level Q2 roadmap points for Persistence in our Telegram Community Chat. (
https://t.me/PersistenceOneChat/269927)
- A ‘XPRT Tokenomics Revamp Working Group’ was created on Telegram for the Community to discuss potential changes they’d like to see in the $XPRT tokenomics. (
https://t.me/+KBzdwdiEM_gxMmY1)
- $XPRT incentives went now live on the $XPRT / $OSMO pool. (
https://app.osmosis.zone/pool/15)
3. Tech 🧑💻
- Prep for the v8 upgrade on testnet
- New Oracle price feeder testing
- Zaki & Iqlusion’s LSM testing with all new modules enabled
- Research into indexers
- IBC fee middleware testing
- New IBC relayers for Umee & Secret
4. pSTAKE for Cosmos 🌊
-
@pandeymikhil shared interesting insights into stkATOM’s unique Redeem Instantly feature. (
https://twitter.com/PandeyMikhil/status/1646470574762229767)
- Cosmostation integrated the pSTAKE dApp on its mobile Wallet.
- New guide on adding liquidity to the ATOM/stkATOM Metastable pool on Dexter was published. (
https://www.youtube.com/watch?v=wxDGdUVErg0)
- Liquid Stake $ATOM:
cosmos.pstake.finance
5. Dexter 🤖
- Dexter crossed $1M in TVL.
- $ATOM / $XPRT has $345k liquidity & 83% APR.
- $ATOM /
#stkATOM has $825k liquidity & 65% APR.
- Notes from the Twitter Space, including 2 new things in the works—Instant LP Unbonding & launching Stablecoin pools, were published. (
https://twitter.com/dexter_zone/status/1646179635703717900)
- Provide liquidity on Dexter:
app.dexter.zone/poolsShow more ...