Prop 73: XPRT Liquidity Bootstrapping (XLB) incentives on Dexter and Osmosis - February 2024
Context
Persistence Proposal 21 allocated 1M XPRT from the Ecosystem wallet to bootstrap XPRT liquidity on Dexter and Osmosis. So far, 952,200 XPRT tokens (95.22%) have been used via governance approval.
Persistence Proposal 70 allocated 1M XPRT from the Community Pool to incentivize XPRT liquidity on DEXs and all the pools on Dexter.
Persistence Proposal 61 made XPRT the governing token of Dexter, including creating reward schedules (incentivization) of pools on Dexter.
Proposal
The proposed February 2024 XLB incentives for 31 days when the ongoing incentive cycle ends for the respective pools on Dexter are as follows:
- 70,000 XPRT to ATOM/XPRT on Dexter for 7-day LP bonding
- 15,000 XPRT to XPRT/USDT on Dexter for 7-day LP bonding
Upon proposal passing, the rewards will automatically be created on the Dexter multi-staking contract using the Dexter Governance Admin contract trigger.
It is also proposed that the XPRT liquidity be incentivized on Osmosis as follows as part of XLB:
- 30,000 XPRT to XPRT/OSMO (Pool #1101) on Osmosis Supercharged Liquidity
Upon proposal passing, the Persistence Incentivization Multisig participants will manually create an Osmosis gauge.
Voting
- By voting YES, you agree with the proposed February 2024 XLB incentives.
- By voting NO, you disagree with the proposed February 2024 XLB incentives.
- By voting NO WITH VETO, you think this is a SPAM proposal, and the proposal’s creator should lose their deposit.
- By voting ABSTAIN, you choose not to participate in this proposal’s voting; however, you contribute to the quorum.