Persistence One Official Announcements | United States America (US)

Create: 2024-05-02 Update: 2024-05-18 04:39:59

🚨 Persisters, $XPRT Governance Proposal #99: Upgrading @DexterZoneOfficial Smart Contracts for Enhanced Functionality is live for voting!

The upgrade focuses on four key areas 👇🏼

1️⃣ Improved Stableswap Math
- Integrates integer-based calculations for stableswap functions.
- Enhances handling of smaller inputs and ensures closer alignment with the curve’s stableswap math.

2️⃣ Spot Price Methods for SKIP Integration
- Introduces spot price methods to facilitate integration with the Skip Protocol to power http://ibc.fun token swaps using Dexter.
- This integration will be crucial for future functionalities and expansion of the Persistence ecosystem.

3️⃣ Simplified Slippage Parameters
- Removes unnecessary max-spread checks from the Stableswap function.
- Streamlines slippage parameter configuration, improving usability for external integrations.

4️⃣ Cosmwasm Security Enhancements
- Upgrades the underlying Cosmwasm standard library to incorporate the latest security patches.
- This upgrade strengthens the overall security posture of Dexter smart contracts.

Don’t forget to cast your votes before 5th May 2024 🗳️

🐸 Leap Cosmos: https://cosmos.leapwallet.io/portfolio/gov/persistenceNew/99

🔭 Keplr Wallet: https://wallet.keplr.app/chains/persistence/proposals/99

ℹ️ Mintscan: https://mintscan.io/persistence/proposals/99

🗣️ Spread the word: https://twitter.com/PersistenceOne/status/1786073425100021920

Persistence One Official Announcements

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Telegram hopes to raise $1bn with a convertible bond private placement

The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.

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