Prop 114: Proposal for 1M XPRT Allocation to Boost Multi-DEX Liquidity

This proposal seeks approval to allocate 1M XPRT to incentivize XPRT liquidity across several decentralized exchanges (DEXs), including Persistence DEX, Osmosis, Velodrome (Optimism), Aerodrome (Base), and potentially others in the future. This amount will also support XPRT incentives for other pools on Persistence DEX, such as the USDT/USDC pool.

XPRT Liquidity Overview

XPRT liquidity has significantly expanded across various DeFi ecosystems, with recent growth on Base and Optimism enhancing its tradeability beyond the Persistence and Cosmos ecosystems. To sustain this momentum, XPRT pools on Persistence DEX, Osmosis, Velodrome (Optimism), and Aerodrome (Base) are being strategically incentivized to bolster liquidity and drive broader adoption.Currently, the total XPRT liquidity across these ecosystems stands at ~$720k. The introduction of new pairs, such as the stkXPRT/XPRT and XPRT/WBTC pools on Persistence DEX and the XPRT/USDC pools on Base and Optimism, has increased adoption and trading activity for the XPRT token beyond the Cosmos ecosystem.

Deep Dive

Check out this forum discussion: Proposal for 1M XPRT Allocation to Boost Multi-DEX Liquidity for additional context and other relevant details.

Voting

By voting YES, you agree with the proposed 1M XPRT Community Pool spend for incentivizing XPRT liquidity pools.By voting NO, you disagree with the proposed 1M XPRT Community Pool spend for incentivizing XPRT liquidity pools.By voting NO WITH VETO, you consider this proposal spam, malicious, or harmful and want the depositors penalised by burning their deposit.By voting ABSTAIN, you contribute to the quorum but formally decline to vote either for or against the proposal.