- Boardroom tweeted that Perpetual Protocol is live on the Boardroom platform
About Perpetual Protocol
Perpetual Protocol is a decentralized perpetual contract protocol for perpetual trading on assets. Perpetual Protocol aims to make advanced trading tools available to all people. There is a wide range of asset choices from commodities, cryptocurrencies and fiat currencies.
Perpetual Protocol’s utility token is PERP and it aims to support a community of users to govern protocol development in a cooperative, democratic way. The token holders accrue voting rights proportional to their holdings.
PERP’s use cases are for governance or staking. Users who stake PERP tokens can propose new ideas or vote to implement ideas to improve the Perpetual Protocol. When users stake their PERP tokens for a fixed amount of time they can earn rewards.
Perpetual Protocol On Boardroom
Boardroom announced that Perpetual Protocol is now live on the management platform. DAOs (Decentralized Autonomous Organizations) have no central leadership and are governed by a community. Boardroom is a management platform that helps DAO’s governance process proceed in a frictionless and efficient manner. Boardroom supports effective and meaningful sharing of information to the community without an information overload. This enables the users to have access to clear and relevant information to help them make better-informed decisions.
Perpetual Protocol’s and Boardroom’s individual missions and goals make Boardroom’s platform a good match for Perpetual Protocol.
Perpetual Protocol’s Performance
At the time of writing this article, Perpetual Protocol is at a price of $16.32 USD and a 24-hour trading volume of $49,465,570 USD. It is up 1.30% in the last 24 hours and it is ranked #94 on CoinMarketCap. The live market cap is $1,121,417,874 USD and the circulating supply is 68,700,000 PERP. It remains to be seen if the democratic framework of Perpetual Protocol will lead to a continual process of improvement and an increase of value. You can learn more about Perpetual Protocol on CoinGecko.