276

** Proposal Details** Match external incentives provided by the Persistence team for XPRT/USDC (pool #719) and XPRT/OSMO (pool #15). The external incentives will continue for 45 epochs for 14 days bonding period.

• By voting YES on this proposal, external XPRT incentives will be matched at ~$2,666 per day for XPRT/OSMO Pool & XPRT incentives will be matched at ~$4,444 per day for XPRT/USDC Pool
• By voting NO on this proposal, external XPRT incentives will NOT be matched at ~$2,666 per day for XPRT/OSMO Pool & XPRT incentives will NOT be matched at ~$4,444 per day for XPRT/USDC Pool

** Context ** The Persistence team has allocated 400,000 XPRT across XPRT/USDC (pool 719) and XPRT/OSMO (pool 15) that amounts to ~$320,000 over the course of 45 epochs (Started on 08-07-2022) The XPRT incentives are as follows:

• XPRT/USDC (Pool #719): ~5,555 XPRT per day amounting to ~$4,444.
• XPRT/OSMO (Pool #15): ~3,333 per day amounting to ~$2,666. Therefore, the final ask for the Osmosis incentive match is for ~$7,110 per day.

About Persistence Persistence is a Tendermint-based Layer-1 chain designed to be the liquid staking hub for the Proof of Stake economy. It facilitates issuance and deployment of liquid-staked stkASSETs, allowing users to earn staking rewards and also participate in DeFi activities. Persistence ecosystem products are designed to stimulate global liquidity and enable seamless value exchange.

Website: [Hidden link] Twitter: [Hidden link]