Set Protocol Announces Integration with Perpetual Protocol
Feb 08,2022,15:04
TokenInsight news, DeFi Protocol Set Protocol announced that it integrated with Perpetual Protocol, a decentralized perpetual contracting protocol, on Optimism. The integration is powered by a series of Set contracts that hold open positions with the Perpetual Protocol contracts and facilitate levering, delevering, issuing, and redemption.
Today, with this new integration, asset managers can create Perpetual-based Sets to represent discretionary or strict methodology based strategies and distribute them as fully composable, bridgeable, revenue-generating ERC-20 tokens.
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