Perpetual Protocol Newsletter

By Perpetual Protocol Team

Perpetual Protocol Newsletter Issue #35 - New Liquidity Mining Program: Pool Party 💧



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Perpetual Protocol Newsletter
Perpetual Protocol Newsletter Issue #35 - New Liquidity Mining Program: Pool Party 💧
By Perpetual Protocol Team • Issue #35 • View online
Hi everyone,
We’re back with a new issue of our bi-weekly newsletter. This time, we want to share our new liquidity mining program “Pool Party” with you -  get ready for some splashy rewards! Of course that is not the only thing we have been working on. Read on to find out more.

Highlights from the last development sprint
🛠️ Engineering
1. New Liquidity Mining Initiative: Pool Party 💧
Our new liquidity mining program incentivizes all liquidity providers on Perp v2 that facilitate volume with $OP and $PERP rewards on top of the transaction fees earned. Learn more about the Perp x OP Summer Pool Party in our post below and get started by diving into one of the pools on
Pool Party: Liquidity Mining in OP Summer — Perpetual Protocol 🥨
2. Maker Sample Vault
Perpetual Protocol (✨🔴_🔴✨)
Interested in building a maker vault but unsure where to start?

Our recently open-sourced @github repo shows an exemplary full range vault built on top of Perpetual Protocol v2

🤝 Marketing & Partnerships
1. Limit Order Tutorials
After the release of  limit and stop loss orders, we are not leaving you hanging. Learn more about the benefits of the new order types and how to use them on Perp v2 in our latest tutorial videos:
2. Voyage 4.0 with Router Protocol
Perpetual Protocol (✨🔴_🔴✨)
Voyage 4.0 together with @routerprotocol has concluded 🎯

Congrats to all 348 addresses that have qualified and will share the 3000 $ROUTE prize pool!
3. EthCC[5] in Paris
Gm & bonjour! We really enjoyed the talks and networking at EthCC[5] in Paris last week. Stay tuned for our write-up covering some of the most important and interesting parts of the conference. One highlight was DAIvinity, co-hosted by us, MakerDAO, TrueFi, Oasis and 1inch.
4. Diamond Protocol Launch
Perpetual Protocol (✨🔴_🔴✨)
Diamond Protocol's cash & carry vault is live on @optimismFND!

The near delta neutral strategy longs spot ETH on @Uniswap & shorts ETH on Perp v2 to earn funding payments 💎
5. Twitter Space with Layerswap
We chatted with the Layerswap co-founders Babken Gevorgyan and Aram Kocharyan about moving your crypto from CEXes directly to L2s like Optimism, using DEXes and more. Listen to the recording here.
To-dos in this development sprint
🤝 Marketing & Partnerships
1. Perp Interactive
Introducing: Perp Interactive! Our new weekly session about all things Perp. No matter if you’re new to Perpetual Protocol or one of our long-time community members - join us on Thursdays for an interactive session, starting August 4th at 9am UTC. Please register here.
2. Community Poker Tournament
We heard you and are back with a Community Poker Tournament! Battle of the Perp Poker Masters: Season #1 will take place on August 6th, 2am UTC (August 5th, 10pm EST). Stay tuned for more details.
Team & Ecosystem Updates
1. Retroactive Airdrop
To thank all makers that have been with us from the start we have sent out a retroactive airdrop of 1.8M $OP to all liquidity providers that facilitated volume from the launch of Perp v2 until June 1st, 2022. The airdrop has been sent to makers’ wallets directly on Optimism. Check your eligibility here.
2. Monthly Grants Committee Report
During July, the Grants Committee received four new proposals, one new request for proposal and accepted one grant. The new grant was awarded to PartyFi to integrate Perpetual Protocol as the backend for perpetual swaps on their platform. Two grants are currently under consideration: one for Robo Vault to build a liquidity vault for Perp v2, another one for Component as an extension grant to create a fully backtestable dataset to add to their LP simulator. Read the full report on our blog.
3. Community Call #31
As usual, we will host a Community Call the following Wednesday, July 27th, to bring you up to speed on the latest and future updates. Join the English Community Call at 1pm UTC live on Youtube
Further Readings
5 Strategies for Placing Stop Loss Orders | Perpetual Protocol
How Does Macro Impact the Crypto Markets? | Perpetual Protocol
Did you enjoy this issue?
Perpetual Protocol Team

The latest totally not derivative bi-weekly update from the Perpetual Protocol team.

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