XPRT Liquidity Bootstrapping (XLB) incentives on Dexter and Osmosis - January 2024
Context
Persistence Proposal 21 allocated 1M XPRT from the Ecosystem wallet to bootstrap XPRT liquidity on Dexter and Osmosis. So far, 878,700 XPRT tokens (87.87%) have been used via governance approval.
Proposal
Considering the previous month’s incentive efficacy, XPRT token price, and remaining token balance from Proposal 21, this proposal suggests only minor changes to continue steady and sustainable XPRT liquidity growth.
The proposed January 2024 XLB incentives for 30 days when the ongoing incentive cycle ends for the respective pools are as follows:
- 50,000 XPRT to ATOM/XPRT on Dexter for 7-day LP bonding
- 15,000 XPRT to XPRT/OSMO (Pool #1101) on Osmosis Supercharged Liquidity
- 10,000 XPRT to XPRT/USDT on Dexter for 7-day LP bonding
Participate
Persisters are requested to share their feedback on the progress of XPRT Liquidity Bootstrapping (XLB) so far, the conservative incentivization approach taken, and vote on the on-chain proposal.