(1/5)
Get ready for the Perp x #OPsummer Pool Party πŸ–οΈπŸΉ

Dive into our Liquidity Pools and earn $OP and $PERP rewards on top of the transaction fees as a maker πŸ’¦

To get the party started we are rewarding πŸ‘every πŸ‘ single πŸ‘ LP πŸ‘ on πŸ‘ Perp v2 with a retroactive airdrop!
(2/5)
As liquidity is key for any exchange we want to incentivize liquidity provision by distributing 8M $OP from the phase 0 @optimismFND Stimpack allocation to our liquidity providers.

Read on to find out more about the Pool Party and retroactive airdrop πŸ‘‡
(3/5)
πŸͺ‚Retro $OP Airdrop πŸͺ‚

We want to thank every maker that has been with us from the start!

Next Monday, 1.8M OP will be sent directly to all makers' wallets that have provided liquidity since the launch of Perp v2 Curie until June 1, 2022

Eligible? docs.google.com/spreadsheets/d…
(4/5)
πŸ–οΈπŸΉPool Party

Our new liquidity mining initiative during #OPsummer comes with enhanced rewards for LPs

5.2M $OP tokens will be distributed as incentives for LPs in addition to maker fees and $PERP rewards

Sent on @optimismFND every Monday, starting next week
(5/5)
Ride the OP summer wave with us as a maker and jump into one of our liquidity pools on app.perp.com πŸ„

Learn more in our latest @viamirror article πŸ‘‡

mirror.xyz/0x071B76df4a05…

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More from @perpprotocol

Jul 12
(1/4)

The wait is over! Limit Orders are here! πŸŽ‰

Enjoy more advanced strategies and improved risk management with the introduction of limit and stop loss orders.
(2/4)

πŸ“ˆLimit Orders

Specify the price level at which you want to buy or sell an asset, including a reduce-only option to reduce position size. Image
(3/4)

πŸ“‰Stop Loss Orders

Use the stop limit order as a stop loss to close a position at a specified price. Cut your losses automatically once the index price reaches the trigger price. Image
Read 4 tweets
Jun 3
(1/6)

How do we plan to distribute the 9 million $OP tokens from our $OP Stimpack allocation?

A 🧡...

#OPSummer #Perptimism @optimismPBC
(2/6)

Firstly, we want to incentivize market makers to provide deep liquidity & grow our trading volumes even furtherπŸ“ˆ

We've achieved >$10B in trading volumes so far without any major incentives, so imagine what we could achieve with $OP incentives for liquidity providers🀯 Image
(3/6)

Secondly, there's another way we'll use $OP tokens to attract more liquidity to our platform....

Offer DeFi users a reliable and low-risk yield by allowing them to lending out their stables to our market making entity to earn a returnπŸ’Έ Image
Read 6 tweets
Feb 11
(1/4) πŸ“’ PERP Convertible Voucher Offering πŸ“’

We're pleased to announced our Convertible Voucher Offering in partnership with @SolvProtocol!

Learn moreπŸ‘‡

blog.perp.fi/announcing-the… Image
(2/4) The offering allows us to raise $5M without selling tokens from our treasury in an innovative fundraising method for DeFi projects

Sign up for the whitelist and complete the tasks before February 15th (23:59 UTC) for a chance to secure a spotπŸ‘‡

gleam.io/QL8Ff/perp-con…
(3/4) Details of the $PERP Convertible Voucher Offering

πŸ“… Launch date: February 17th, 2022 (1 PM UTC),
πŸ’Έ APR = 5%,
πŸ“ Bond range: 0.5x average price to ~2x average price (7-day TWAP of $PERP prior to the offering),
⏳ Maturity date: June 18th, 2022
Read 4 tweets
Sep 1, 2021
πŸ“’ Five Partners Onboarded & $1.5M Token Swap Completed.

Welcoming Teahouse and StakeDAO to our ecosystem fund and completed token swap along with existing partners:
🀝 @dHedgeOrg: $1M
🀝 @CharmFinance: $200k
🀝 @StakeDAOHQ: $200k
🀝 @TeahouseHost: $100k
🀝 @LemmaFinance: $50k Image
🌱 @TeahouseHost is an Uniswap v3 yield optimizer with off-chain strategies.

They’ll be a good complement to Charm Finance as both of them use different approaches to make liquidity provision easy on our protocol. πŸ’ͺ
🐘 @StakeDAOHQ is an one-stop-shop for newcomers in the DeFi space.

We hope to reach more potential users by working with partners like Stake DAO and also make our protocol accessible on multiple UI. πŸ’ͺ
Read 4 tweets
Dec 16, 2020
We're thrilled to announce our mainnet is finally here!
You can now trade ETH and BTC perpetual contracts with up to 12x leverage on-chain at:
perp.exchange

(and there is no gas fee during your trades!)
1/4
The mainnet will be guarded and launched progressively.
Here are the caps for the current stage:
πŸ‘¨β€πŸ”§ Personal Position Cap:
BTC/USDC: 0.25
ETH/USDC: 10
πŸ“­Open Interest Cap:
500K USD

Each stage will last around 1~2 weeks.
2/4
You can buy yourself a cover against potential smart contract exploits on @CoverProtocol!
app.coverprotocol.com/app/marketplac…

Here is the tutorial if you aren't familiar with the process:
docs.coverprotocol.com/user-guide/use…
Read 5 tweets
Dec 1, 2020
Nice exploration of DeFi derivatives!

medium.com/coinmonks/dece…

Check out some highlights in this thread πŸ‘‡
One aspect of DeFi that's so empowering:

Profits stay in the community vs being siphoned away.

"...decentralised derivatives protocols will allow users to capture trading fees generated by the trading of derivatives."
They missed the part about zero impermanent loss risk for stakers on Perpetual Protocol 🀩

"...Perpetual Protocols governance token $PERP ... allows token holders to stake their PERP tokens to participate in protocol governance, capture PERP inflation and 50% of trading fees..."
Read 6 tweets

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