DCP-2: Perpetual Protocol Token swap

dHEDGE Capital Proposals (DCPs)
#1
Header Content
Author @Taminater
Created 2021-08-18
Status Completed

Motivation

A mutual token swap between dHEDGE and Perpetual Protocol will further cement the partnership allowing for quick integration in the future. A future integration with Perp will allow managers more capital efficiency; via leveraged long and short positions along with funding rate arbitrage.

Description

Allocating US $1M DHT into Perpetual Ecosystem Fund in exchange for US $1M Perp.

Implementation

Once vote passes US$1M DHT will be allocated to Perpetual Ecosystem Fund

Vote

Vote passed

3 Likes
#2

Thanks Mat. This is great initiative! Let’s think of other projects who we can partner with in the same manner. Sushi maybe? dydx too

2 Likes
#3

Hey, Robert from Perp here.

It’s very exciting for us at Perpetual Protocol to have this partnership with dHEDGE.
The growth of DeFi derivatives is inevitable, and integrations between flagship protocols like ours will be key in offering users a better experience across these verticals. We look forward to working with dHEDGE and building a strong relationship with the community too.

5 Likes
#4

Transaction details:
https://etherscan.io/tx/0xf1aedc97d38af2cf4f198bc35cb874d1b2e430a4d14f4a1176a204816b76652b