TL;DR
We’re proposing to allocate 1,000,000 XPRT from the community pool to fund incentives over the next ~6 months from the community pool.
This budget will be flexibly deployed across two key priorities:
- Maintaining strong liquidity for XPRT on Persistence DEX.
- Driving traction for BTC interoperability through targeted incentive campaigns
Introduction
Liquidity and adoption are the lifeblood of the Persistence ecosystem. Over the past year, incentives have helped:
-
Deepen liquidity across major XPRT trading pairs
-
Sustain healthy trading volumes despite market swings
-
Onboard new users into our ecosystem
With BTC interoperability now live on mainnet (beta version), we now have a unique opportunity to combine our incentive programs into one flexible budget, ensuring we can both keep liquidity strong on the DEX and accelerate adoption for our new cross-chain capabilities.
Background: DEX Liquidity Incentives
Previously incentivised pools on Persistence DEX:
PSTAKE/XPRT, USDC/USDT, ATOM/XPRT, USDT/XPRT, stkXPRT/XPRT, XPRT/WBTC, BABY/XPRT, BABY/WBTC, WBTC/USDC
These incentives have contributed to sustained volumes and liquidity depth across multiple pools, which benefits all ecosystem participants.
The last community pool spend proposal for incentives (Proposal #128) was passed on February 18th, 2025. Since then, incentives have been deployed monthly, with allocations reviewed and adjusted based on traction, market conditions, and community sentiment.
Below is the list of subsequent monthly proposals:
| Date | Proposal ID | Link |
| Jul 30th, 2025 | 142 | https://www.mintscan.io/persistence/proposals/142 |
| Jun 28th, 2025 | 139 | https://www.mintscan.io/persistence/proposals/139 |
| May 31st, 2025 | 136 | https://www.mintscan.io/persistence/proposals/136 |
| Apr 29th, 2025 | 135 | https://www.mintscan.io/persistence/proposals/135 |
| Mar 25th, 2025 | 133 | https://www.mintscan.io/persistence/proposals/133 |
| Feb 28th, 2025 | 129 | https://www.mintscan.io/persistence/proposals/129 |
On avg 159,897.8571 XPRT were spent in the last 7 months for XPRT incentives on pools listed above.
Key metrics for Persistence DEX:
Cumulative DEX Volume on Persistence DEX clocked to $37.71M
Data from Defillama
TVL decreased in line with the broader market, but average pool yields stayed strong enough to maintain healthy TVL levels and support trading activity.
Data from Defillama
Background: Interop Incentives
With the launch of Persistence DEX V2 and BTC interoperability, we have the chance to position ourselves as a leading venue to swap variants of BTC between Layer 2s.
Our earlier closed-beta campaigns (with 50,000XPRT in incentives) brought in thousands of participants and built strong awareness. Across the testnet phases, we saw over 750,000 impressions on socials, 17,977 unique users, and 417,979 orders placed. Each mainnet swap was capped at $20, and whitelisted access for testnet participants carried over to mainnet, where we recorded $5,600 (~0.0497 BTC) in filled order volume and around 200 users who are now eligible to claim rewards for their active participation since day one.
The next step is a public open phase to:
-
Drive active trading and boost integrations
-
Onboard new users to get to know the product
-
Test and improve UX before full release and deployment on more chains
-
Engage both existing stakers and newcomers through gamified tasks, streak challenges, and referral programs
The Proposal
We request the allocation of 1,000,000 XPRT from the community pool.
These tokens will be:
- Split dynamically between DEX liquidity incentives and BTC interop incentives
- Deployed over ~6 months, with monthly reviews to adjust distribution based on results
- Managed from a designated multisig for transparency and operational security
Current remaining funds from earlier DEX incentives (to be merged with this budget):
86,518.926992 XPRT — View on Mintscan
Multisig Address (⅔): persistence1fn5td7lw575xwhuyjtvearzc8p546mj6agaw0c
Why a Combined Allocation?
- Flexibility: Move incentives where they’re most effective at any given time
- Efficiency: Reduce overhead from running separate funding proposals
Community Feedback
We’re seeking input on:
- Do you agree with the proposed XPRT allocation? If not, what alternative amount would you recommend?
- Do you have any other ideas for maintaining or increasing DEX liquidity and BTC Cross-Chain Swap users?
- Are there any other points or considerations you’d like to raise regarding this proposal?
We highly value the perspectives of our community, and this discussion aims to help us better understand the priorities and needs of the Persistence ecosystem. Your thoughts and feedback are essential. Please share them and join the conversation.
We look forward to hearing your insights and ideas!