Perpetual Protocol is a decentralized perpetual contract trading protocol, enabling decentralized Perpetual Swaps for Every Asset. It uses a Uniswap-inspired Virtual Automated Market Makers (Virtual AMMs) to provide guaranteed liquidity. PERP has a built-in Staking Reserve which backs and secures the Virtual AMMs and caters for derivatives. As a core team member, Weiting Chen is busy building new trading bricks for Ethereum and other Platforms such as Polkadot etc!
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Timestamps:
0:33 The Introduction with Weiting Chen
1:45 Perpetual Protocol is Platform Agnostic. Discussion of Volume.
2:20 Discussing the vAMM (Virtual Automated Market Maker)
7:79 Discussing Decentralisation. Why is this so important?
9:45 xDai & PERP relationship. Why is xDAI so important?
12:10 Scaling Solutions: Discussing scaling and what needs to be done.
14:30 Reiterating that there are many users
15:15 When it comes to Scaling solutions, the Perp team are agnostic.
16:07 The PERP token deep dive with Weiting- Governance & Staking & Utility
19:20 Insurance via staking mechanism
21:01 Regulation and Compliance
24:15 liquidity providers and protocols that use them.
27:38 Deep discussion on supporting traders.
28:26 Oracles & Chainlink & Native xDai integrations to come
29:15 More on trading and long/short position holders…
33:00 Devs. They are the key. Let’s talk about the Github? Open Source?- Yes.
33:50 Bounties for finding bugs.
35:26 Use, Trade, Very cheap fees to incentivise the users. Potential influx of more users.
38:50 Team: deep dive.
43:12 Investors, Early backers. How to trust the backers who would hodl & support? Which backers stood out? Answer: Multicoin Capital. Deep Dive here on VCs.
48:41 Lockup, one price for all in the early round.
52:10 Reputation is everything in this industry. Team did their homework on Backers
52:53 Staking and the effect on price/ price appreciation
55:40 People will be able to create and run their own market later this year permissionlessly! Coming around June: the uniswap for perpetual markets!!!!
57:04 The risk/reward of initial hype.
59:34 Partnerships. Legit Partnerships. (not funny business)
1:01:40 Social Media and best way to learn more? best way is Discord, twitter etc.
1:04:00 Downsides, challenges, risks, Community Moderation/sentiment.
1:10:45 Unique, useful product is the REAL value of this platform.
1:11:38 Discussing the media interest atm. Organic or not?
1:12:41 Brad’s closing and thanking Weiting Chen. Weiting’s final statement.
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Links:
website: https://perp.exchange/
telegram:
Twitter: https://twitter.com/perpprotocol
Medium: https://perpetualprotocol.medium.com/
More links:
Key Links to learn more:
1) How our vAMM works
https://perpetualprotocol.medium.com/a-deep-dive-into-our-virtual-amm-vamm-40345c522eeb
2) vAMM Worksheet:
https://docs.google.com/spreadsheets/d/1CKJbmzSGMaqa4fuvv4S9C7JfmLi56xJZ8j8Y1DRMDho/edit#gid=0
3) Rinkeby Testnet
https://rinkeby.perp.exchange
4) Mainnet
https://perp.exchan
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
►Join The BCB Tele https://t.me/BlockchainBradCommunity
► Follow on twitter: https://twitter.com/Brad_Laurie
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
PAYMENT/DONATION DISCLOSURE:
This was free content. I have not received financial compensation for doing this video.
INVESTMENT DISCLOSURE:
I have no investment in PERP at this time, but I am considering buying PERP.
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
GENERAL DISCLAIMER:
The information provided is not to be considered as a recommendation to buy or invest in certain assets or currencies and is provided solely as an educational and information resource to help traders make their own decisions. Past performance is no guarantee of future success. It is important to note that no system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. BlockchainBrad shall not be liable to the participant for any damages, claims, expenses or losses of any kind (whether direct or indirect) suffered by the participant arising from or in connection with the information obtained this website or directly from the website owner.
