Governance Proposal #138 Voting Deadline

JUN

21

Event date

Saturday 21 June 2025, UTC

Event description

Proposal #138 aims to reinvest PCOL (Persistence Community Owned Liquidity) rewards into the XPRT/PSTAKE pool on the Persistence DEX. The goal? Boost liquidity, enhance staking opportunities, and strengthen the ecosystem’s DeFi infrastructure. With voting ending in just four days (as of June 17, 2025), Persisters are urged to cast their votes via Leap or Keplr wallets. This democratic process underscores Persistence’s community-driven model, potentially increasing XPRT’s utility and attracting new users. The outcome could set a precedent for future tokenomics adjustments, impacting the project’s long-term value proposition [Persistence One, 2025].

Recent News

Persistence One has been on a roll lately. In May 2024, the team launched XPRT liquid staking via stkXPRT, integrating it into the DEX for seamless DeFi participation [Persistence One Blog, 2024]. This milestone has drawn attention from the cross-chain community, especially with Persistence’s focus on Bitcoin interoperability. Additionally, the project’s history of successful governance, like Proposal #37 (2022), which bootstrapped a PSTAKE/XPRT pool with 50,000 XPRT, highlights its commitment to community alignment [Observatory Zone, 2022].

Future Plans

Looking ahead, Persistence One is doubling down on its Bitcoin-focused roadmap. The team plans to expand cross-chain swaps and integrate more BTCfi (Bitcoin DeFi) features, leveraging intents and Bitcoin security [Persistence.one, 2025]. This aligns with industry trends, where blockchain interoperability is projected to reduce transaction costs by up to 30% [SwapSpace, 2024]. Expect further DEX enhancements and potential partnerships to solidify their position.

Onchain Data

Specific onchain metrics for Proposal #138 voting are not yet public, but Persistence’s DEX has seen steady activity since stkXPRT’s launch. Wallet participation in governance has historically been robust, with over 1,000 unique addresses voting in past proposals [Mintscan, 2024]. We’ll update with voting turnout as data emerges post-deadline.

Community Sentiment

X sentiment is buzzing with optimism. Users like @iamfulfill and @Sire_mesh have expressed enthusiasm, with comments like “Casting my Vote soon!” and plans to set reminders [X Posts, 2025]. The neon-themed graphics shared by @PersistenceOne have also sparked creative engagement, reflecting a positive vibe. Influencers are eyeing this as a test of community power in DeFi governance.

Additional Insights

Competitors like Sui and Babylon are also pushing DeFi innovations, but Persistence’s focus on Bitcoin interoperability gives it a unique edge. For users, liquid staking offers flexibility without locking funds, a key benefit in volatile markets. Note: As with any governance vote, outcomes can influence token price—consider researching before participating.

Risk Disclaimer: Governance votes carry potential volatility; assess risks based on your financial situation.

Persistence One

Bullish or Bearish?

bullish
bearish

Persistence One

subscription

Be aware of the recent news
in crypto every day

Please keep me updated by email with the latest crypto news, research findings, reward programs, event updates, coin listings, and more information from Bitdates.