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Summary

This proposal seeks to implement the Superfluid LP contract (Wasm code ID: 14) on the Persistence blockchain. This unique contract seamlessly integrates Dexter and pSTAKE protocols, optimising the stkXPRT experience. It empowers XPRT stakers to directly transform their staked XPRT into an LP position on Dexter in a single transaction, eliminating separate unstaking and liquidity addition steps.

Proposal

Instantiate the Superfluid LP contract on the Persistence chain using the provided Wasm code ID: 14. This contract will:

• Simplify LP creation: Enable XPRT stakers to directly create LP positions on Dexter with their staked XPRT in one transaction.
• Eliminate unstaking: Allow staked XPRT to participate in liquidity provision without prior unstaking, streamlining the process.
• Enhance efficiency: Remove unnecessary steps, improving user experience and potentially increasing Dexter's liquidity.

Benefits

• Streamlined user experience: Stakers can effortlessly participate in liquidity provision without cumbersome multi-step processes.
• Increased liquidity: The simplified process may incentivize more users to contribute to Dexter's liquidity pools.
• Boosted stkXPRT adoption: Seamless LP creation might attract more users to the stkXPRT token and the Persistence ecosystem.
• Potential fee generation: Liquidity providers can earn swap fees on Dexter, generating additional returns.
• Additional incentives: Users may potentially earn bonus rewards on top of swap fees by providing liquidity through Dexter's LP position.

Implementation

The Superfluid LP contract will be deployed on the Persistence chain using the provided Wasm code ID. Integration with Dexter and pSTAKE protocols will ensure smooth functionality. The code for the Superfluid LP contract can be found on the Dexter GitHub repository:

• GitHub Link:[Hidden link]

Conclusion

Implementing the Superfluid LP contract presents a significant opportunity to simplify the stkXPRT experience, potentially attracting more users and boosting Dexter's liquidity. By enabling seamless LP creation and offering additional incentives, this proposal would contribute to the growth of the Persistence ecosystem and the stkXPRT token.

Voting

• YES: Vote in favor of implementing the Superfluid LP contract on the Persistence chain using the provided Wasm code ID (14).
• NO: Vote against implementing the Superfluid LP contract on the Persistence chain.
• NO WITH VETO: If you believe this is a spam proposal and the proposer should lose their deposit, vote NO WITH VETO.
• ABSTAIN: Choose to abstain from voting but still contribute to quorum requirements.