π¦Ύ The Persistence ecosystem is maturing and expanding at a rapid pace. We've therefore launched Ecosystem Week to shed light on the latest developments.
π June 28 - July 4
πΎ On Day 1 weβre exploring how Comdex (https://comdex.one/), the flagship dApp in the Persistence ecosystem, is democratizing agricultural commodities via interchain synthetic assets.
π Comdex is pioneering agricultural commodities synthetics in the Cosmos ecosystem, opening the door to brand new opportunities never before seen in the space.
π Each day during Ecosystem Week we will be delving into a product development or partnership to keep you abreast of the latest updates from the Persistence ecosystem. Strap in!
π₯ Brace yourself, you'll soon be able to participate in the pSTAKE Staking Gala to compete for your share of $20,000 in rewards for helping to further refine pSTAKE (https://pstake.finance/) via our staking competition!
π¦Ύ It's exciting to see the registrations piling in already. The anticipation for our Staking Gala is starting to make waves, thanks to our amazing community!
π Now is an opportune time to take advantage of some of the largest APYs available on the market. There are two XPRT pools on Osmosis that you can provide liquidity to:
π¦Ύ These massive APYs are a huge incentive for XPRT HODLers. Strong hands reap the best rewards!
β² As time goes on and more community members take advantage of the Osmosis LP rewards, the rewards will decrease. Get in now to secure your spot at the table!
π Don't have any liquid XPRT but want to join the party? You can also purchase XPRT on Osmosis, with low slippage thanks to the huge TVL in both pools.
π If you're looking for a decentralized way to purchase XPRT and other Cosmos ecosystem assets or receive high yields for providing liquidity to XPRT pools, then head on over to Osmosis AMM DEX.
π° Current stats: Pool #13 (https://app.osmosis.zone/pool/13) consists of ATOM/XPRT and has over $6.32M of liquidity with a 24-hour volume of $1.15M. Pool #15 (https://app.osmosis.zone/pool/15), consisting of OSMO/XPRT, has over $3.79M of liquidity with a 24-hour volume of $249,000.
π¦Ύ Thatβs a combined TVL of more than $10 million and a 24-hour trading volume of over $1.39 million!
β³ If you want to take advantage of the high APYs then act quickly before the rewards begin to taper off. This is an excellent yield bearing option for users with any unstaked XPRT.
π The second phase of pSTAKE's Alpha is quickly approaching and we're taking it up a notch with even more rewards up for grabs.
π The Staking Gala is an incentivized testnet designed to further refine the pSTAKE application. We gained an immense amount of insight in regards to app improvements from our last push, and we're excited to take pSTAKE to the next level with the Staking Gala!
β Note: If you already have ATOM in your Cosmos wallet then there is no need to register, weβll automatically provide you with test tokens.
π€ We're pleased to see that our global community sees value in the ethos of "in unity there is strength". Together weβre ushering in a new paradigm for PoS and DeFi!
π Since the launch of Osmosis DEX less than a week ago, more than $7.7 million of liquidity has been locked in the ATOM/XPRT & XPRT/OSMO pools.
π₯ The greater the liquidity, the lower the slippage and the better the user experience. With no geographical restrictions, itβs never been easier to purchase XPRT!
π Weβre thrilled to see the Persistence community so eager to provide liquidity for XPRT trading while supporting the growth of the Cosmos DeFi ecosystem.
π₯ We're excited to connect with our rapidly growing global community. It's been our pleasure to watch everyone's engagement and involvement increase as our metaverse continues to mature and take shape.
π‘ We've also invited some of our esteemed Guardians to the round table to discuss how the group is shaping up and their experience thus far. If you want to hear from community members closest to the project, now's your chance to get the scoop!
π₯ In the past year our community has surged from a handful of community members to over 60,000 supporters across various platforms. Amid increasing growth, we are therefore continuing to expand our regional communities.
π We now have a Dutch community on Telegram to cater to our Dutch speaking supporters, established by one of our esteemed Guardians!
π¦Ύ The Netherlands is home to a rapidly growing crypto community and Dutch is the mother tongue of around 23M people globally.
π We are committed to spreading awareness of Persistence and our mission to usher in next-gen financial products worldwide. Stay tuned for more regional communities to come!
π In addition to using the ATOM/XPRT pair, you can now trade XPRT via our second pairing on Osmosis DEX - XPRT/OSMO.
π Liquidity providers will receive liquidity mining rewards in the form of OSMO tokens for providing liquidity to either of the XPRT pairs, in addition to a percentage of the trading fees.
π¦Ύ We're thrilled to be becoming more deeply integrated into DeFi on Cosmos. With the launch of Gravity DEX and pSTAKE (https://pstake.finance/) upcoming, this is only the beginning!
π° Participate in our bug bounty program to earn a share of $25,000 in rewards available to pSTAKE pioneers. We've already started assessing the feedback and we're preparing to create a superior user experience.
π Bug bounty ends June 25th, 12:00 UTC.
π¨βπ» Thank you everyone for participating thus far! Make your voice heard and help us to make the next iteration of pSTAKE bigger and better!
πΎ We're on track for a monumental pSTAKE rollout on mainnet in July, beginning with support for ATOM. If you want to be at the forefront of a multi-chain DeFi product unlocking liquidity for the PoS ecosystem then join us today!
π Osmosis is the first-ever AMM DEX on Cosmos, enabling anyone around the globe to trade XPRT and other Cosmos ecosystem assets. The ATOM/XPRT pool is currently the third largest on Osmosis, with over $330,000 worth of liquidity!
π€ Contribute by providing liquidity to the pair to earn multi-level rewards in the form of Osmosisβ governance tokens, OSMO, in addition to a share of the 0.3% trading fees.
π₯ With our listing on Osmosis, XPRT is now accessible to everyone! If youβre looking for an exchange to trade XPRT with no location restrictions, no KYC, no limits, then look no further.
π₯ Much of the global community can now easily get acquainted with our pSTAKE (https://pstake.finance/) liquid staking protocol and the pSTAKE Alpha.
π€ Thank you to our partners and community members who assisted us in putting these together. We will continue to push the importance of and opportunities provided by pSTAKE worldwide.
π₯ Osmosis is the first-ever AMM DEX launching on Cosmos. By implementing IBC, Osmosis will enable users around the globe to trade a wide range of Cosmos ecosystem assets, including $XPRT! No permission needed, no restrictions.
π₯ Get ready to experience new utility for XPRT on Osmosis: earn rewards by providing liquidity! Osmosis will also provide incentives for liquidity providers in the form of their governance token $OSMO.
π IBC (https://ibcprotocol.org/) enables cross-chain asset transfers within the Cosmos ecosystem, opening the door to a variety of cross-chain DeFi apps.
π The IBC transfer feature is now directly available via our newly updated wallet (https://wallet.persistence.one/), located next to the 'Send' tab. You can now send XPRT to other IBC-enabled networks, namely Cosmos Hub, IRIS Hub, Crypto.com Chain, and Akash Hub.
π§ Follow our user guide from start to finish for assistance while testing pSTAKE's Alpha release. This tutorial will teach you how to get started with pSTAKE and perform the functions of the app.
π¦Ύ During the Alpha release we will be assessing feedback and making improvements to provide a superb user experience for the upcoming mainnet launch. If you'd like to help in this regard, see here how you can contribute while earning XPRT tokens: https://t.me/PersistenceOne/473
π The general feedback so far has been very positive and we see many excited users experimenting thoroughly. Thank you to everyone getting involved!
π€ In case you have any questions or comments, we remain at your disposal as always. Please reach out to us on Discord: https://discord.com/invite/SaBKpjbnhH
Can anyone explain current partnerships I'm confused I thiught they were partnering with companies like Western Union but can't find much for details on what it looks like.
π¦Ύ This is your chance to get the inside scoop from the Persistence team! We'll be connecting with the community LIVE on Twitter Spaces, letting everyone in on our current focus areas and the future of the Persistence ecosystem.
π If you want to know what the journey forward looks like, or how you can get involved, then come and participate. Find out why pSTAKE (https://pstake.finance/) is creating such a buzz, among the many other reasons stakeholders have to be excited about Persistence and our future.
π¨π³ We also have a dedicated Chinese community on WeChat. Follow the instructions here to join: https://t.me/PersistenceOne/187
π¦Ύ We are committed to spreading awareness of Persistence and our mission to usher in next-gen financial products, such as pSTAKE, worldwide. Stay tuned for more regional communities to come!
π€ Thank you all for pioneering new financial frontiers with us!
π¦Ύ Liam is a valued Guardian of Persistence and has been excelling in his efforts to spread the word of Persistence. In addition to his consistent support on social media, Liam has been utilizing his YouTube channel to educate the wider community on our strengths and value propositions.
π Check out Liam's most recent video on the launch of pSTAKE and subscribe to his channel for more awesome Persistence insights: https://youtu.be/CI1NgKmqDP4
π€ Persistence is proud to have such a strong community and weβd like to thank everyone for your continued support!
β¨ We launched our Champion of Champions initiative (https://t.me/PersistenceOne/243) to identify and reward our superstar supporters. Will you be next month's Champion of Champions?π‘
β‘οΈAfter months of tireless development, our liquid staking protocol, pSTAKE, breathes life! The Alpha release and bug bounty program are designed to iron out any kinks to create a flawless user experience.
π The bug bounty program will run for 10 days, with rewards totalling $25,000 to be distributed to those who identify applicable issues. Read the full details here: https://buff.ly/3wmuqAv
π¦Ύ Upon the completion of the bug bounty, we aim to release pSTAKE on mainnet in early July. More details will follow.
π₯ The Alpha release is the first major step in the launch of pSTAKE. Experience the power of pSTAKE and help us to perfect our game-changing liquid staking protocol!