Persistence One Official Announcements
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Should Dexter decentralize and adopt $XPRT governance, making XPRT the default token for Dexter?

Persisters, the first two of three #XPRTforDexter proposals are now LIVE for voting.

Prop #58: Migrate Multi-Staking Contract on Dexter to Version 3.0

Prop #59: Instantiation of Dexter Governance Admin contract

Cast your vote before 9th Dec 2023 πŸ‘‡πŸΌ

🐸 Leap Wallet: https://cosmos.leapwallet.io/portfolio/gov?chain=persistenceNew

πŸ”­ Keplr Wallet: https://wallet.keplr.app/chains/persistence?tab=governance

ℹ️ Mintscan: https://www.mintscan.io/persistence/proposals
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Dexter will become decentralised with $XPRT governance.

In our latest blog, dive intoπŸ‘‡πŸΌ

🦾 #XPRTforDexter

🀝 XPRT & Dexter’s symbiotic relationship

πŸ” A new flywheel effect for the ecosystem

Read more πŸ‘‡

https://blog.persistence.one/2023/12/05/decentralising-dexter-with-xprt-governance/
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The results are in! Prop 58 and 59, marking the first steps towards #XPRTforDexter initiative, have been passed by the $XPRT governance βœ…

The next and final proposal under this initiative by Dexter is expected to go live soon. Stay tuned!

https://x.com/PersistenceOne/status/1733774637857685510
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The last and final proposal for #XPRTforDexter is now LIVE for voting 🦾

Prop #61: Transfer Dexter Vault and Multi-staking contract ownership to the Governance Admin Contract

If Persisters approve this proposal, $XPRT will become the default token for Dexter πŸ€–

Cast your vote before 15th Dec 2023 πŸ‘‡πŸΌ

🐸 Leap wallet:
https://cosmos.leapwallet.io/portfolio/gov/persistenceNew/61?chain=persistenceNew

πŸ”­ Keplr wallet:
https://wallet.keplr.app/chains/persistence/proposals/61

ℹ️ Mintscanio:
https://www.mintscan.io/persistence/proposals/61
Congratulations, Persisters! $XPRT now takes its place as the default token for Dexter βœ…

The successful passing of Prop 61 has transferred the ownership of the Dexter Vault and Multi-staking contract to the Governance Admin Contract, completing the final step in the #XPRTforDexter initiative 🀝

Moving forward, any adjustments to the Dexter pool parameters, creation of new pools or reward schedules, or changes in the contracts will be determined by $XPRT governance, further empowering its influence 🦾
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Persisters, Prop #62, Increase spread factor of stkATOM/ATOM pool on Dexter from 2% to 5% is now LIVE for voting πŸ—³οΈ

This marks the first proposal for parameter changes in Dexter following the successful adoption of #XPRTforDexter 🦾

Let’s see how it benefits Dexter usersπŸ‘‡πŸΌ

1. More trade opportunities for traders ⚑
2. Enhanced yield from swap fees for Liquidity Providers πŸ’°
3. Balanced Risk-Reward Ratio βš–οΈ

Vote on the proposal before 26th Dec 2023 πŸ‘‡πŸΌ

🐸 Leap wallet: https://cosmos.leapwallet.io/portfolio/gov/persistenceNew/62?chain=persistenceNew

πŸ”­ Keplr wallet: https://wallet.keplr.app/chains/persistence/proposals/62

ℹ️ Mintscanio: https://www.mintscan.io/persistence/proposals/62
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Prop 65 and 66 have been approved by the $XPRT governance, with 96%+ accounts voted in favor βœ…πŸ¦Ύ

▢️ As a result of the passing of Prop 65, the following incentives are live on Dexter and Osmosis to bootstrap $XPRT liquidity:

- 50,000 XPRT to ATOM/XPRT on Dexter for 7-day LP bonding
- 10,000 XPRT to XPRT/USDT on Dexter for 7-day LP bonding
- 15,000 XPRT to XPRT/OSMO (Pool #1101) on Osmosis Supercharged Liquidity

▢️ As a result of the passing of Prop 66 by #XPRTforDexter governance, the stkATOM pool on Dexter is incentivized with 300k $PSTAKE incentives.
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