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Persistence 2023 Liquid Staking Roadmap Update
April 27, 2023
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The Appchain for Liquid Staked Tokens (LSTs)

A hub is best defined as the effective center of activity. Persistence has embarked on a journey of becoming the center of activity for liquid staking in recent years. From pioneering a liquid staking solution for ATOM with pSTAKE to evolving into an appchain for liquid staked tokens–native issuance of & DeFi for LSTs, this journey so far can be best described in a single word: ‘Persistence’. Persistence Labs & the community continue to persist in bringing the vision of being a one-stop-shop for liquid staking to life.

With $17.32B in TVL, Liquid Staking is now the #2 DeFi category on DeFiLlama. It has seen exponential growth and adoption in the last two years and is primed to be at the forefront of DeFi in 2023 and beyond. Most of this has been driven by Ethereum and the Shapella upgrade. But the Core-1 team believes that Cosmos and other major ecosystems, such as the BNB Chain, have immense untapped potential & a huge role to play in LSTs becoming the most popular DeFi asset class.

A quick look at Persistence today

Thanks to these key advancements, on-chain activity is booming like never before:

What’s next for Persistence

With the basic building blocks for a thriving liquid staking economy coming into place, the Core-1 team believes that the focus should now shift to three key aspects: On-chain TractionExpanding the Ecosystem, and Bolstering Infrastructure. The 2023 roadmap mentioned below dives into individual points under these three aspects for the next few months and how each benefits Persistence & its various stakeholders, all powered by XPRT.

1. On-chain Traction

Potential Partner chain for Replicated Security

Replicated Security is a new shared security model in which the Cosmos Hub will rent its security to partner chains. This gives birth to the ATOM Economic Zone (AEZ), an ATOM-aligned ecosystem for economic value creation, including the LSM on the Cosmos Hub. Onboarding as a partner chain will give the Persistence Core-1 chain a boost of ~80X in terms of Economic Security. The Core-1 team believes that adopting Replicated Security will help Persistence enter and eventually become a big part of this AEZ alongside others like Neutron & Stride. In the coming weeks, the Core-1 team will work with Informal Systems & others in Cosmos to evaluate the best way to be a partner chain and discuss that with fellow Persisters & Cosmonauts through various public forums.

Support for LSM (Liquid Staking Module, built by Iqlusion)

The LSM is a module built to empower use cases for natively staked tokens. Persistence aims to be the first chain to enable the LSM and be the playground for the entire Cosmos to test its novel benefits. With the LSM on the Core-1 chain, stake delegators can perform transactions that were impossible before, like moving staked tokens between wallets or converting their native stake to liquid stake. The LSM will benefit the eventual launch of stkXPRT by pSTAKE, allowing already staked XPRT to be converted into liquid staked stkXPRT without going through the 21-day unbonding period. The Core-1 team will also contribute to bringing the LSM to the Cosmos Hub (planned for Q3 2023). The LSM was added to the Persistence Core-1 testnet on Monday, 24th April 2023.

Add Oracle with price-feeder

An Oracle connects blockchains to external systems and enables decision-making for existing contract logic based on these data inputs. Besides providing essential price data feeds, the Oracle will also filter & authenticate the integrity of the information crucial for executing specific contracts in a decentralized manner, such as Dexter’s Metastable pool and Bamboo’s Borrowing/Lending mechanisms. Over time, the Oracle will also become a revenue generator for XPRT validators & the chain itself. For reference, 40% of the blocks produced by Umee, a money market app chain in Cosmos with 20 listed assets, contain 95+ txns each related to the Oracle. The Oracle was added to the Persistence Core-1 testnet on Monday, 24th April 2023.

MEV-capture with Skip Protocol

The Core-1 team believes that a sovereign MEV solution will ensure maximum value capture & minimum value leakage when it comes to MEV on the chain. Skip Protocol is creating modular tools that give the app chain complete control over transaction ordering and inclusion rules. For example, let’s assume Dexter has a $100 arbitrage opportunity. Instead of an MEV bot extracting this value, Skip’s Proto-Rev module on the Persistence Core-1 chain can extract this value to be distributed to XPRT stakers finally. On-chain MEV will increase with the increase in on-chain activity (thanks to pSTAKE, Dexter, Bamboo, & other dApps in the future), resulting in a new source of yield for XPRT stakers. Over $7M in MEV has been extracted from Osmosis in 2 years since its genesis. Integrating with Skip will allow more value to be extracted and distributed to XPRT stakers.

Native $USDC on Persistence

Stablecoins like USDC are one of the best examples of product-market fit in Crypto, with a total market cap of $130.73B. Stablecoins in Cosmos have majorly been decentralized CDP-based like $CMST, $SILK, or bridged like $axlUSDC & $gravUSDC. However, Noble, a general asset issuance chain in Cosmos, is bringing native $USDC to Cosmos. For comparison, ecosystems like Solana, Polygon, and Arbitrum all have $1B+ in native stablecoin liquidity. The Core-1 team will look to collaborate with Noble to utilize cosmos-native $USDC for ecosystem dApps such as Dexter & Bamboo.

New dApps #BuiltOnPersistence

Earlier in Q1 2023, the Bamboo team came out of stealth with their vision of creating a borrowing/lending protocol for LSTs. Bamboo is still under development & is expected to go live in the coming months. Another external team has started to develop a vault product around liquid staking on the Core-1 chain. If you or someone you know is interested in building exciting use cases for LSTs on Persistence, please contact the Core-1 team here.

2. Expanding the Liquid Staking Ecosystem

Bring non-cosmos native LSTs to Persistence

The Core-1 team will work closely with the pSTAKE team to bring EVM-based stkASSETs issued by the pSTAKE protocol (like stkBNB & stkETH) to the Core-1 chain in partnership with bridge/interoperability protocols like Axelar. This will further cement Persistence as the center of liquid staking activity.

Enhance the Core-1 chain’s security

The Core-1 team believes the Persistence Core-1 chain will become the center of liquid staking activity. Hence, expanding to as many security avenues as possible is in the chain’s best interest. In line with that, the Core-1 team will actively explore and consider the different options available in Cosmos today–Replicated Security, Babylon’s Bitcoin Security, & Mesh Security. This will improve the chain’s security significantly and open a new dimension of economic dialogue–imagine an appchain for liquid staked tokens secured by the Cosmos Hub, Bitcoin-grade security & other chains in Cosmos. The Core-1 chain is already live on Babylon’s testnet as of April ‘23.

Revamp $XPRT Tokenomics

Various community members have recently voiced their opinion and made a case for revamping the $XPRT tokenomics considering the increased on-chain activity & the upcoming XPRT halvening. The Core-1 team is working closely with Persisters in driving this community initiative by opening a direct dialogue & collating various ideas. In the coming months, community members will take this discussion public on the Persistence Forum, followed by a consequent on-chain governance proposal.

Enable IBC v6

IBC v6 will allow dApps such as pSTAKE to scale to more Cosmos native stkASSETs seamlessly. Expansion of pSTAKE to support other IBC-enabled chains will further increase on-chain activity by resulting in more txns, chain TVL, & IBC volume with Persistence’s peers. IBC v6 will also enable Fee Middleware, an on-chain mechanism to fund relayers for Persistence’s IBC connections to scale sustainably.

Improve CosmWasm Dev Tooling

The Core-1 chain is a semi-permissioned CosmWasm-enabled chain. This requires the Core-1 team to work closely while onboarding external teams like Dexter. By improving dev tooling for CosmWasm, onboarding & deployment of external projects will become more efficient. The first example here is an ongoing discussion with the Celatone team.

Welcome Ledger Live

The Core-1 team will work closely with the Ledger team for $XPRT wallet integration into Ledger Live. Native support for XPRT on Ledger will create a safer way of storing keys. Besides that, dApps deployed on the Core-1 chain, such as pSTAKE and Dexter, are also expected to be supported by Ledger Live, creating better avenues for onboarding new users into the Persistence Ecosystem.

3. Bolstering Infrastructure

Bump to cosmos-sdk v47

Upgrading the Core-1 chain to v47 will bring various performance and functionality benefits, including CometBFT & ABCI1.0 (in-depth details here). Besides that, it will enable working with Skip Protocol on its latest version of in-protocol MEV capture.

Other add-ons: Group module, PFM, IBC Wasm Hooks

Group module will allow the creation and management of on-chain multisig accounts and configurable decision policies, making it easier for users to manage their tokens while enabling more front-end use cases for wallet management. It will complement a multisig tool built using CosmWasm.
PFM or Packet Forward Middleware will make it possible to route incoming packets from the source chain to the destination chain by solving for token fungibility across the Interchain.
IBC Wasm Hooks is a middleware that will allow cross-chain contract calls involving token movement (enabling Squid Router for cross-chain swaps on Persistence).

Improve the chain’s Indexer setup

An indexer listens to data produced by blocks on the chain & can immediately filter and process it as needed. The Core-1 chain currently uses the graph protocol for indexing data. This data is crucial for dApps on the chain. For e.g., Dexter uses this for faster front-end interactions, especially those that rely heavily on historic data such as transaction history. The Core-1 team will explore alternatives to the graph protocol that allow for better data access & usage.

Increase Performance Monitoring

With a further expected increase in on-chain activity, performance monitoring for validators, relayers & RPCs, among other critical chain infrastructure, will be crucial. The Core-1 team will increase its performance monitoring by working with various stakeholders & security partners.

Streamline Automated Testing

The Core-1 team will work on further streamlining feature testing, upgrade testing, E2E testing, and regression testing to provide a better testing environment for the chain and deployed dApps.

Conclusion

The Persistence Core-1 chain is an appchain for liquid staking with a vision to bring about a new paradigm in PoS by being the one-stop-shop for liquid staking–issuance of & DeFi for LSTs.

The Core-1 team believes that working towards the three essential aspects–On-chain Traction, Expanding the Ecosystem, & Bolstering Infrastructure is naturally the next step in making Persistence synonymous with liquid staking.

While the Core-1 team will do everything possible to achieve everything mentioned in this roadmap in the coming quarters, some things might change depending on various circumstances. But the belief behind the vision of each of these will remain the same.

This 2023 Persistence Roadmap Update is brought to words by Tushar AggarwalMikhil PandeyJeroen Develter, & Aditya Vandkar. Fellow Persisters are urged to give their feedback on what’s next for Persistence via our DiscordTelegramTwitterForum, or saying gm in person.

About Persistence

Persistence is an appchain for liquid staking–issuance of & DeFi for LSTs.

The Persistence chain hosts pSTAKE Finance–a multi-chain liquid staking protocol for issuing LSTs that allows users to earn staking rewards while participating in DeFi primitives, Dexter–the Interchain DEX for yield-generating assets like LSTs. Bamboo, a borrowing/lending protocol for LSTs & a vault product for LSTs, are expected to launch soon.

Persistence aims to offer a one-stop-shop for liquid staking for PoS (Proof-of-Stake) users and enable developers to build innovative applications around LSTs.

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Israel's Mossad spy agency was hacked just days before Netanyahu launched strikes on Iranian targets. The files uncovered? Nothing short of apocalyptic.

Among them: 👉 blueprints for cyber warfare, targeted assassinations, blackmail material, and even the unthinkable - the Samson Option - Israel's doomsday doctrine to blow up the entire world with a nuclear holocaust if their own survival is ever threatened.

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Persisters, Liquid Staking $XPRT is now live on Persistence DEX.

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🎬Proof the Deep State Planned This War for Years🎬
Nation First outlines how the Israeli attack on Iran was planned by the Deep State and the Military Industrial Complex over 15 years ago.

Prepare to have your mind blown

~Namasté 🙏 Crypto Michael ⚡ The Dinarian

Dear friend,

What just happened in Iran wasn’t a surprise attack. It wasn’t a last-minute decision. It wasn’t even Israel acting alone.

It was a war plan written years ago — by men in suits, sitting in think tanks in Washington and New York. And yesterday, that plan was finally put into action.

Here’s the truth they don’t want you to know: this war was cooked up long before Trump ever became President — and it was designed to happen exactly this way.

Let’s start with what just happened.

Israel launched a massive, unexpected strike on Iran. They hit nuclear facilities. They killed military generals. They struck deep inside Iranian territory — and now the whole region is on edge, ready to explode into full-blown war.

The media is acting shocked. But I’m not. You shouldn’t be either.

Why?

Because we have the documents. They told us this was coming. Years ago.

Exhibit A: The Brookings Institution.

The Brooking Institution is a fancy name for what’s basically a war-planning factory dressed up as a research centre. Back in 2009, Brookings published a report called Which Path to Persia?

It laid out exactly how to get the U.S. into a war with Iran — without looking like the bad guy.

Here’s the sickest part:

“The United States would encourage — and perhaps even assist — the Israelis in conducting the strikes… in the expectation that both international criticism and Iranian retaliation would be deflected away from the United States and onto Israel.”

Let that sink in.

They literally suggested using Israel to start the war, so America could stand back and say, “Wasn’t us!”

They even titled a chapter of this report: “Leave It to Bibi” — naming Netanyahu as the guy to light the match.

Exhibit B: The Council on Foreign Relations (CFR).

The Council on Foreign Relations is an another Deep State operation. Also in 2009, CFR published a “contingency memothat laid out the whole military plan for an Israeli strike on Iran — step by step.

  • What routes the jets would fly (over Jordan and Iraq).

  • What bombs they’d use (the biggest bunker-busters in the U.S. arsenal).

  • Which Iranian sites to hit (Natanz, Arak, Esfahan).

  • And how Iran might respond (missiles, drones, threats to U.S. bases).

It’s like they had a time machine. Because those exact strikes just happened following the routes, likely using the bombs and hitting the sites that the CFR outlined.

Exhibit C: The Plot to Attack Iran by Dan Kovalik.

This one really blows the lid off.

US human rights lawyer and journalist Dan Kovalik, in his book The Plot to Attack Iran: How the CIA and the Deep State Have Conspired to Vilify Iran, shows how the CIA and Israel’s Mossad have been working together for decades — not just watching Iran, but actively sabotaging it. Killing scientists. Running cyberattacks. Feeding lies to the media to make Iran look like it’s always “six months away” from building a nuke.

He even reveals how they discussed false flag attacks — faking an Iranian strike to justify going to war. That’s not a conspiracy theory. That’s documented strategy.

And here’s where President Trump comes in.

Unlike the warmongers who wrote these plans, Trump wasn’t looking to bomb Iran. He wanted to talk. Negotiate. Make a deal — like he did with North Korea.

In fact, peace talks with Iran were just days away.

But someone didn’t want peace. Someone wanted war.

So Israel went in — just like the Brookings script said — and lit the fuse.

Trump didn’t authorise it. He didn’t want it. But they gazumped him. They went around him. And now, the peace he was trying to build has been blown to bits.

This was never about Iran being a threat. It was about keeping the war machine fed.

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If you’ve never trusted the mainstream media, you’re right not to.

If you’ve ever suspected there’s a shadowy agenda behind every war, you’re not paranoid.

You’re paying attention.

Because the documents are real. The war was planned. And the bombs are falling — right on schedule.

Pray for Iran’s civilians.

Pray for the Israelis caught in the crossfire.

Pray for a President who still wants peace.

And pray that we wake up before it’s too late.

Because the war has started.

But the truth has just begun to spread.

Until next time, God bless you, your family and nation.

Take care,

George Christensen

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George Christensen is a former Australian politician, a Christian, freedom lover, conservative, blogger, podcaster, journalist and theologian. He has been feted by the Epoch Times as a “champion of human rights” and his writings have been praised by Infowars’ Alex Jones as “excellent and informative”.

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— George Christensen.

Find more about George at his www.georgechristensen.com.au website.

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The Possible Impact Of USDC On The XRP Ledger And RLUSD
Key Points
  • It seems likely that USDC on the XRP Ledger (XRPL) boosts liquidity, benefiting XRP, though some see it as competition for RLUSD.
  • Research suggests both stablecoins can coexist, enhancing the XRPL ecosystem.
  • The evidence leans toward increased network activity being good for XRP, despite potential competition.

The recent launch of USDC on the XRP Ledger has sparked discussions about its impact on the ecosystem, particularly in relation to RLUSD, Ripple's own stablecoin. This response explores whether this development is more about competition for RLUSD or if it enhances liquidity on the XRPL, ultimately benefiting XRP.
 

Impact on Liquidity and XRP

The introduction of USDC, a major stablecoin with a $61 billion market cap, likely increases liquidity on the XRPL by attracting more users, developers, and institutions. This boost can enhance DeFi applications and enterprise payments, potentially driving demand for XRP, the native token used for transaction fees. While some may view it as competition for RLUSD, the overall effect seems positive for the XRPL's growth.
 

Competition vs. Coexistence with RLUSD

USDC and RLUSD cater to different needs: USDC appeals to those valuing regulatory compliance, while RLUSD, backed by Ripple, may attract users preferring ecosystem integration. Research suggests both can coexist, increasing options and fostering innovation, rather than purely competing.
 

Detailed Analysis of USDC on XRPL and Its Implications

The integration of USDC on the XRP Ledger (XRPL), announced on June 12, 2025, by Circle, has significant implications for the ecosystem, particularly in relation to RLUSD, Ripple's stablecoin launched in 2024. This section provides a comprehensive analysis, exploring whether this development is more about competition for RLUSD or if it enhances liquidity on the XRPL, ultimately benefiting XRP.
 

Understanding RLUSD and Its Role

RLUSD, Ripple's stablecoin, received approval from the New York Department of Financial Services (NYDFS) in 2024 and is designed to be fully backed by cash and cash equivalents, ensuring stability. It is available on both the Ethereum and XRP Ledger blockchains, aiming to enhance liquidity, reduce volatility, and serve cross-border payments. With a current market cap of $413 million, RLUSD is smaller than USDC's $61 billion but has regulatory credibility, particularly appealing to institutions.
 

Impact of USDC on the XRPL

The launch of USDC on the XRPL is a significant development, given its status as the second-largest stablecoin by market cap.
 
Key impacts include:
  • Liquidity Boost: USDC's integration can attract more users, developers, and institutions, increasing overall liquidity. This is crucial for DeFi applications, as Circle's announcement emphasizes its use in liquidity provisioning for token pairs and FX flows.
  • Increased Utility: USDC enhances the XRPL's utility for enterprise payments, financial infrastructure, and DeFi, potentially making it more attractive for global money movement and transparent settlements.
  • Regulatory and Institutional Appeal: As a regulated stablecoin issued by Circle, USDC can bring institutional users to the XRPL, aligning with Ripple's goals for regulated financial activities.
  • Network Growth: Supporting a widely recognized stablecoin like USDC on 22 blockchains, including the XRPL, increases the network's visibility and adoption, potentially driving more activity.

Competition vs. Complementarity with RLUSD

While USDC's launch could be seen as competition for RLUSD, the evidence suggests a more nuanced relationship:
  • Competition: Both are stablecoins on the XRPL, and USDC's larger market presence ($61 billion vs. RLUSD's $413 million) might attract users and developers away from RLUSD. However, competition can drive innovation, such as lower fees or better services, benefiting the ecosystem
  • Complementarity: Different stablecoins cater to different needs. USDC appeals to users valuing regulatory compliance and widespread adoption across multiple blockchains, while RLUSD, backed by Ripple, may attract those preferring ecosystem integration and regulatory approval from NYDFS. The XRPL can benefit from having multiple options, increasing liquidity and fostering a diverse ecosystem.
  • Coexistence Benefits: Research suggests that having multiple stablecoins enhances liquidity and provides users with more choices, potentially leading to higher network activity. For example, institutions might use USDC for global payments and RLUSD for specific XRPL-integrated applications, creating a symbiotic relationships.

Impact on XRP

The introduction of USDC, alongside RLUSD, is likely beneficial for XRP, the native token of the XRPL, for several reasons:
  • Increased Liquidity and Activity: Higher liquidity on the XRPL, driven by both stablecoins, can increase transaction volumes. XRP is used for transaction fees, with some fees burned, potentially reducing supply over time and increasing demand.
  • DeFi and Enterprise Use Cases: Both USDC and RLUSD enhance DeFi and enterprise applications, such as liquidity pools and cross-border payments, which can drive demand for XRP as a settlement token.
  • Network Growth: A more liquid and active XRPL is more attractive to developers and users, potentially leading to long-term growth for XRP, as increased utility can drive its value.
Expert analyses, such as those from u.today and ledgerinsights.com, suggest the launch is a "massive boost" for liquidity and adoption, with RLUSD also playing a significant role.
 

Comparative Analysis: USDC vs. RLUSD

To further illustrate, consider the following table comparing key attributes:
 
Given the evidence, it is more accurate to view the introduction of USDC on the XRPL as beneficial for liquidity, which is ultimately good for XRP, rather than solely as competition for RLUSD. The XRPL benefits from increased options, with both stablecoins enhancing liquidity, utility, and network growth. While some competition exists, the overall impact is positive, fostering a robust ecosystem that can drive demand for XRP. This conclusion aligns with expert analyses and community discussions, acknowledging the complexity of the stablecoin market within the XRPL.
 

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Die Glocke: The Nazi Bell That Bent Time, Vanished, and Was Never Seen Again

In the darkest corners of the Third Reich, behind the veil of conventional warfare, Nazi scientists were racing toward something that defied explanation. They weren’t just building rockets or jet planes, they were chasing a technology that pushed the boundaries of physics itself. One of the most mysterious and controversial projects to emerge from this era was called Die Glocke, German for "The Bell." But this wasn’t a bomb. It wasn’t even a weapon in the traditional sense. It was something else entirely.

What Was Die Glocke?

Die Glocke was reportedly a bell-shaped device, approximately 9 feet in diameter and 12 to 15 feet tall, encased in a thick ceramic-like shell. Internally, it housed two counter-rotating cylinders filled with a strange, metallic, violet-colored liquid referred to as Xerum 525, a highly radioactive and unknown compound. According to Polish researcher Igor Witkowski, who first brought the story to global attention in his book "The Truth About the Wunderwaffe," Die Glocke emitted intense electromagnetic radiation and killed many of the scientists who worked on it.

But the real claim that set the world alight? That it had the potential to manipulate gravity, disrupt time, and possibly even pierce dimensional barriers. Some descriptions sound like science fiction. Others sound eerily like technologies rumored in today’s black projects or even UAP propulsion systems.

Where Was It Built?

Most reports place the Bell project deep beneath the Wenceslas Mine in Ludwikowice, Poland. There, nestled in a reinforced underground facility known as Der Riese (The Giant), the Nazis hid many of their advanced weapons programs. Adjacent to the suspected test site is a strange concrete structure referred to today as The Henge, a ring of reinforced pillars that some researchers believe was part of an anti-gravity testing rig or cooling tower for Die Glocke. To this day, its true purpose remains unexplained.

Hans Kammler: The Man Who Vanished SS General Hans Kammler oversaw Nazi Germany’s most advanced technological programs, including the V-2 rocket and rumored exotic weapons like Die Glocke. He was a man with top-tier clearance and deep ties to the Reich’s secret projects. When the war ended, Kammler disappeared. No confirmed death, no trial, or capture. He was never heard from again. Some believe he brokered his safety with U.S. forces during Operation Paperclip, offering knowledge of Die Glocke in exchange for asylum. Others suggest he escaped to South America with the Bell. Whatever the truth, the timing of his disappearance and the vanishing of Die Glocke are hard to ignore.

Did It Actually Work?

That’s the million-dollar question. Accounts claim that when operational, Die Glocke emitted powerful gravitational and temporal anomalies. Test subjects reportedly experienced cellular breakdown, time displacement, and hallucinations. Some witnesses alleged that the device caused freezing of time, or at least a distortion in how time passed in its proximity. Others suggested the Bell may have even "jumped dimensions" or teleported entirely. Skeptics say it was nothing more than a high-energy centrifuge with tragic side effects. Still, CIA documents later referenced Die Glocke, and even modern physicists admit that some of the descriptions line up with theoretical frameworks for gravity manipulation and field-based propulsion.

Connection to Modern Black Projects

If Die Glocke truly existed and worked, it would make sense that it never saw public light. Instead, it would’ve been buried, repurposed, and integrated into deep black programs. Anti-gravity research, electromagnetic propulsion, even certain descriptions of UAPs, all have eerie parallels to the Bell’s characteristics. Was Die Glocke an early testbed for what would later become known as field propulsion or even quantum mirroring? Or was it a dangerous dead-end in the pursuit of Nazi technological superiority?

Last Thoughts To Summarize

Die Glocke remains one of the most tantalizing mysteries of WWII, part weapon, part experiment, part occult machine. A device said to manipulate gravity and time. A Nazi general who vanished without a trace. A concrete ring still standing in the Polish forest. Whether it was a real breakthrough in exotic physics or an elaborate myth built on whispers, Die Glocke has become a symbol, of lost knowledge, buried technology, and the thin line between science and the supernatural. If it was real, it’s likely not lost, just... relocated!

Source

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Your generosity keeps this mission alive, for all! Namasté 🙏 The Dinarian

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