Match XPRT External Incentives for Pool #612

Proposal Details Match external incentives provided by the Persistence team for XPRT/UST (pool #612), the external incentives will continue for 90 epochs for 14 days bonding period.

By voting YES on this proposal, external XPRT incentives will be matched at ~$19,374 per day By voting NO on this proposal, external XPRT incentives will NOT be matched at ~$19,374 per day ** Context ** The Persistence team has allocated 530,000 XPRT from the Persistence Community Pool across XPRT/UST pool 612 and amounting to ~$1,743,700 over the course of 90 epochs (Started on 16-02-2022) The XPRT incentives are as follows:

XPRT/UST (Pool #612): ~5888 XPRT per day amounting to ~$19,374 Therefore, the final ask for the Osmosis incentive match is for ~$19,374 per day.

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: https://persistence.one/ Twitter: https://twitter.com/PersistenceOne