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Perpetual Protocol 2023 Roadmap Updates in the Bera Market

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3 years ago

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๐Ÿ‘‹ Hey Frens! Ready for some exciting developments in the Bera market with @perpprotocol? The Perp core team released their 2023 roadmap and they're gearing up to make big strides! Follow along for updates. #PerpetualProtocol #Roadmap #BeraMarket #BUIDL ๐Ÿงต๐Ÿ‘‡
1/ The Perp core team is embracing agility! They've got flexible plans for their 2023 roadmap and are eager to experiment with new ideas. Even so, some key milestones are already within reach. You guessed it - I'm talking about the Hot Tub! ๐Ÿ›๐Ÿ’ฆ
2/ Hot Tub ๐Ÿ›๐Ÿ’ฆ The 2 Delta Neutral vaults' strategy - the USDC and ETH vaults. The goal is to profit from price discrepancies between Perp and Spot DEX markets by buying low and selling high through arbitrage opportunities. The wl is now open. Before applying, be sure to #DYOR
3/ Earlier this year, the $OP token was listed and became available as collateral for trading. The team has provided hints suggesting that more collateral assets and listings are incoming!!, with wstETH and GMX possibly among them. Keep an eye out for updates.
4/ Admin key timelock Perp plans to add a time-lock feature to delay contract upgrades and give our community time to review changes before they go live. This improves security and transparency, preventing sudden changes that could harm user funds. #transparency #rugpulls
5/ Index Price Fallback Oracle Perp intends to incorporate Uniswap's index price feed as a backup to Chainlink's in the event that Chainlink's oracle encounters a disruption.
6/ Mark Price for Liquidations An important upgrade. The outdated TWAP oracle's pricing mechanism will be substituted with a fair price model that takes into account both the market price and an index to prevent price manipulation and enhance response to market conditions.
7/ Other proposed upgrades for the protocol aim to bolster its resilience and security, including: - Position Transferring Liquidations, the risk of liquidation cascades can be mitigated - Implementing a Soft Circuit Break to safeguard user funds and prevent insolvency
8/ We want to highlight that the community has the power to steer the direction of our roadmap. The viewpoints and perspectives of our communities, including builders, makers, and traders, are of utmost importance to the foundation team.
9/9 If you have any ideas or suggestions that can help shape the roadmap and improve the protocol in accordance with community needs, we would be more than happy to hear from you! Join us at Discord t.co/P9udwR6fzf Follow @perpprotocol Credits to @InvestgineerX
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Perp Intern

@perpintern

Perpetually learning new things as an underpaid sleep deprived intern of @perpprotocol.