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Buy Perpetual Protocol (PERP)

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Buyers 80.4%

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About Perpetual Protocol (PERP)

Perpetual Protocol (PERP) is a decentralised contract protocol that builds on a virtual automated market maker (vAMM) design. Similar to Uniswap (UNI) traders can trade a variety of different asset classes such as cryptocurrencies  and fiat currencies without the need for counterparties.

Perpetual protocol introduced the approach known as virtual automated market making (vAMM) to enable on-chain perpetual contract trading. Unlike conventional AMM’s where assets are stored within the smart contract, vAMM’s in Perpetual Protocol do not store any asset whatsoever. Instead, the assets are stored in a smart contract vault that manages all of the collateral backing the vAMM. 

The PERP token is the governance token for the perceptual protocol platform and can be used for governance and staking. PERP holders can lock up or stake their PERP assets for a fixed amount of time to the staking pool.

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‘Swyftx’ is a brand of Swyftx Pty Ltd (ABN 72 623 556 730, AFSL 568543). Swyftx’s spot cryptocurrency exchange services are not provided under Swyftx’s AFSL and are not issued, arranged, distributed or authorised by Eightcap Pty Ltd (ABN 73 139 495 944, AFSL 391441) (Eightcap), Web3 Loans Pty Ltd (ABN 48 668 516 952) or Web3 Ventures Pty Ltd trading as Block Earner (ABN 63 655 090 869, ACL 551024) (Block Earner). Derivative products are issued by Eightcap and distributed by Swyftx. Credit products are provided by Block Earner. Swyftx is an authorised credit representative of Block Earner (Credit Representative No 579667). 

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