News/Snapshot Vote on Perpetual Protocol's Proposal to Launch on Terra is Live

Snapshot Vote on Perpetual Protocol's Proposal to Launch on Terra is Live

Apr 28,2022,16:35
A snapshot vote on Perpetual Protocol, a decentralized perpetual contracting protocol, to launch on Terra is now live. Previously, Terraform Labs proposed to deploy Perpetual Protocol on Terra with the aim of driving the use of $UST on Optimism. The proposal also suggests Terraform Labs offer market makers a 5% interest rate, 12-month $10 million $UST loan that allows market makers to use $UST to market make on Perpetual Protocol.
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