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Perpetual ProtocolPerpetual Protocolby0x01E6b50557eF1a2ca58A621998aCe3f278E808B8tongnk.eth

Proposal: Unlocking Perp Tokens

Voting ended about 5 years agoSucceeded

We're following on from the initial discussion to unlock tokens found here: https://gov.perp.fi/t/proposal-unlocking-perp-tokens-for-growth/245

tl;dr

We've hit 1B in trading volume in 6 weeks and want to continue to supercharge this growth. We want to be from 30M daily average -> 300M daily average. To do this we are proposing unlocking 21M PERP over 3 key areas:

  1. Rewards: to incentivise more trading volume
  2. Partnerships: both strategic and bounties to continually help push the protocol forward
  3. Liquidity: providing liquidity on DEXes to ensure low slippage for future PERP holders

For further details of breakdowns and justifications please visit the url above.

Note: please read the full post as there is an amendment at the end to accomodate feedback from the community

Off-Chain Vote

Agree
779.2K 100%
Disagree
0 0%
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Timeline

Feb 01, 2021Proposal created
Feb 01, 2021Proposal vote started
Feb 04, 2021Proposal vote ended
Oct 26, 2023Proposal updated