Sunsetting Perp V1

For more information see: https://gov.perp.fi/t/sunsetting-perp-v1/698

Voting Options

• Proposal 1: Distribute remaining funds proportionally according to users’ remaining margin and unrealised PnL at the time of V1 being paused
• Proposal 2: Distribute remaining funds and first cover 99% of our users starting from lowest margin and PnL up (this covers most retail users; excludes negative PnL). The remaining users then receive pro rata according to their margin and unrealised PnL.
• Proposal 3: Distribute remaining funds to small position holders first ($100,000 unrealised PnL and margin or less; excludes negative PnL), and any remainder to larger position holders, proportionally according to users’ remaining margin and unrealised PnL.
• Proposal 4: We will sort wallets from small to large according to the position size and then close positions sequentially by 1%. Once the largest account has had its 1% closed then we still start again at the bottom of the list. This simulates actual AMM function in a scenario where all traders gradually reduce their positions.
• Community proposals : Fully evaluate and vote on community proposals in a separate vote, in favor of the four options presented by the team (above).