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Proposal #138

Reinvesting PCOL Rewards into XPRT/PSTAKE Pool on Persistence DEX

PassedUnknown

Passed on 21 Jun 2025 with 87.6% of the votes for yes.

Yes

87.6%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

21 Jun 2025

The ballotvotes cast · final tally
Yes

87.64%

of votes cast

Abstain

12.36%

of votes cast

No

0.00%

of votes cast

Veto

0.00%

of votes cast

Summary

This proposal seeks community consensus to claim approximately $4,296 in accrued rewards from the PCOL wallet and reinvest them into the XPRT/PSTAKE liquidity pool on Persistence DEX, continuing the sustainable community-owned liquidity strategy.

Description

Background

The Persistence community has successfully established persistence community-owned liquidity through previous PCOL initiatives. The PCOL wallet has now earned approximately$4,296 in LP rewards across PSTAKE ($2,196), XPRT ($960), and stkXPRT ($1,140) tokens. Full discussion and context available at: [Hidden link]

Rationale

  • Operational Efficiency: All reward tokens are compatible with XPRT/PSTAKE pool
  • Strategic Flywheel: Implements PCOL's vision of recycling rewards into liquidity
  • Pool Significance: XPRT/PSTAKE ranks among most active pools by volume

Proposed Actions

  1. Claim current PCOL rewards (approximately $4,296) by the multisig
  2. Convert stkXPRT to XPRT via Persistence DEX
  3. Add maximum possible liquidity to XPRT/PSTAKE pool

Implementation

The multisig will execute these operations within 7 days of proposal passage.

Governance Votes

YES - You approve claiming PCOL rewards and reinvesting them into the XPRT/PSTAKE liquidity pool as outlined. NO - You disapprove of this reinvestment approach in its current form. NO WITH VETO - You are strongly opposed to this proposal and believe it violates community interests. ABSTAIN - You are impartial to the outcome of this proposal.

Timeline

  1. Submitted16 Jun 2025
  2. Voting started16 Jun 2025
  3. Voting ended21 Jun 2025
  4. Deposit deadline17 Jun 2025

Proposer

Address
persiste…48j3zj
Deposit3.5K

Rules

Not recorded for this proposal.