Issue #31 - Perp v2 goes Open Source Part II, OP summer is coming & more

Hi everyone,

Another two weeks have passed which means a new issue of the totally not derivative Perpetual Protocol newsletter is in your inbox. This time we’re sharing with you the scripts of the collateral liquidator, arbitrageur and maker bot for you to automate your own strategies. Also, ICYMI, OP summer is coming!

We have open-sourced our collateral liquidator, arbitrageur and maker bot. You can now review the code, comment and adjust and automate your own strategies to start earning. Keep your eyes peeled for our how-to guide and workshops on the arbitrageur and maker bot!

The snapshot vote for Sunsetting Perp V1 has been concluded with 67.48% (13M PERP) in favor of Proposal 2. We will distribute the funds to the remaining v1 users according to proposal 2 this week.

Coinbase wallet users, please use the browser extension to be able to connect to the exchange.

We’re excited to join the inaugural OP Ecosystem Poker Tournament, hosted by Lyra, to find the best poker players in the Optimism-sphere. We’re betting that some are from the Perpetual Protocol community! The tournament will take place on June 8th at 8 pm (EST) on PokerNow and will be live-streamed on Twitch. Want to represent Perpetual Protocol in the tournament? We’re opening up two of the three slots to our community. Qualify in an internal pre-tournament to compete in the official one. Join our Discord to sign up.

After the launch of our major milestone multi-collateral, we will add another stablecoin as collateral. Keep an eye on the announcements to deposit before the collateral cap is reached. We are also working on ways to increase the current cap for ETH as collateral to allow more users to be able to deposit.

We’re continuing to work on the limit order feature.

Join us on the next Optimism Demo Day on June 1st for an introduction to Perpetual Protocol “Curie”. Our content writer Jamie will walk you through the app and demonstrate how to use it as a trader or maker.

As usual, we will host a Community Call the following Wednesday, June 1, to discuss the latest and future updates. Join the English Community Call at 1pm UTC or our Chinese Community Call at 2pm UTC, both live on Youtube.