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

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.

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 app.perp.com. 

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:

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.

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.

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.

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.

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.

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.

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.