persistence

Prop 78: Create XPRT/SHD pool on Dexter

Context

Persistence Proposal 61 made XPRT the governing token of Dexter, including creating new pools and reward schedules (incentivization) on Dexter.

Following the passing of Proposal 77 to bootstrap Protocol Owned Liquidity with ShadeDAO, this is a Dexter governance proposal to create a new XPRT/SHD weighted pool.

Proposal

Create a new XPRT/SHD pool on Dexter with the following parameters:

  • Pool Type: Weighted Pool
  • Pool Weightage: 50/50
  • Pool Creation Fee: 250 XPRT
  • Swap Fees: 0.3%

Benefits

  • Efficient way of deepening XPRT liquidity
  • New yield opportunity for liquidity providers on Dexter
  • Easy trading exposure to Shade Protocol’s native token that empowers its private DeFi suite
  • Aligns the Persistence One, Shade Protocol, and broader Secret Network communities

Voting

  • By voting YES, you agree with the proposed XPRT/SHD pool creation on Dexter.
  • By voting NO, you disagree with the proposed XPRT/SHD pool creation on Dexter.
  • 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.