1. Governance Proposal: Tokenomics
The
snapshot vote on the tokenomics proposal has been accepted. On a high level, the proposal suggests a vote-escrow model, or vePERP, and to update the growth programs to work in tandem with it. Additionally, it proposes to implement governance controls for fee distribution and a new governance process in line with industry standards. Read the full proposal
here. The proposal has several key parameters that will be set by voters, including how DEX revenue will be deployed, snapshot to vote on parameters will follow.
2. Partnership Governance Proposals
Saddle x Perp Partnership: The
proposal suggesting to build a partnership between Saddle Finance and Perpetual Protocol through a token swap as well as allocating SDL and PERP rewards to liquidity mining on Perp V2 has been
accepted.
Frax x Perp: The
proposal suggests a tokenswap of $2M PERP and FXS, using FXS as collateral on Perp v2 and more. It has been
accepted as well.
3. Community Call #24
As usual, we will host a Community Call the following Wednesday, April 20th, to discuss the latest and future updates. The English Community Call takes place at 1pm UTC followed by our Chinese Community Call at 2pm UTC, both live on
Youtube.