Vote for our first new market!

[tongnk]

Launching a New Market!

With our first production competition under way we’d like to test the waters and launch our first market through the community!

For some discussion the community has done already about evaluating protocols check out: https://gov.perp.fi/t/discussion-launching-new-markets/145/22

Candidates

Traders have been submitting to the form on the exchange (https://perp.exchange/) their interests. Please note the following pairs have been selected due to compatability with Chainlink (https://feeds.chain.link/). Have listed the ones below that don’t fit:

Here are the pairs in order

• YFI/USDC - 66 votes
• LINK/USDC - 63 votes
• UNI/USDC - 61 votes
• AAVE/USDC - 61 vote
• SNX/USDC - 53 votes
• REN/USDC - 42 votes

Other suggestions that weren’t on the list to be voted in the “other” section include:

• XRP/USDC
• COMP/USDC
• DOT/USDC

Not Included

The following were on the initial list but not included as they don’t have a price feed in Chainlink

• SUSHI/USDC
• GRT/USDC
• DPI/USDC
• PERP/USDC
• 1INCH/USDC
• BAND/USDC
• APL
• TSLA

Voting and Timelines

We’ll take a vote here on the governance forums as well as a vote in Discord and then on Monday (12/28 6am UTC) we’ll tally everything up and then launch

Vote for Pairs you want listed (select as many)

• YFI/USDC
• LINK/USDC
• UNI/USDC
• AAVE/USDC
• SNX/USDC
• REN/USDC
• XRP/USDC
• COMP/USDC
• DOT/USDC
• SUSHI/USDC
• GRT/USDC
• DPI/USDC
• PERP/USDC
• 1INCH/USDC
• BAND/USDC
• TSLA/USDC
• AAPL/USDC

[coopahtroopa]

Nice diversity of ERC20s and other protocol tokens!

IMO Perp’s competitive advantage is listing new markets while the iron is hot, but being able to detect if a token is going to be a flash in the pan or one with high volume over the long-term.

To me, this becomes most exciting during the first 72 hours a token goes live, at which point after it can be assumed that the vast majority of volume will drop off.

Regardless, this starting list seems like a great jumping off point. I would assume the AAPL and TSLA’s of the world would come after Perp has established itself in the ERC20 landscape.

[tongnk]

@coopahtroopa

Regardless, this starting list seems like a great jumping off point. I would assume the AAPL and TSLA’s of the world would come after Perp has established itself in the ERC20 landscape.

It’s interesting you mention this - looking at the discord votes TSLA seems to be 2nd after YFI which is crazy!

[tongnk]

All votes are in. Thanks everyone for voting!