Monthly Grants Committee Update: March 2022

Perpetual Protocol
Perpetual Protocol
Published in
3 min readMar 22, 2022

--

We’ve got some updates from the Perpetual Protocol Grants Committee to share! These updates include prototypes built by 3 winners of the Gitcoin Schelling Point hackathon, a new grant for an investment tool, and much more that’s happened in the past month.

Let’s get to it and see what amazing things are being built on top of Perp v2!👷

$20K Awarded to Gitcoin Hackathon Winners💰

The Grants Committee has awarded $20,000 in bounties to 3 submissions from the Gitcoin Schelling Point hackathon:

  • The winner of the Gitcoin Hackathon, massun-onibakuchi, submitted a JavaScript SDK for interacting with Perp v2 and Subgraph queries.
  • One runner up, Jtx, submitted an application called Perpetual Tax which allows users to estimate the tax liabilities of trades on Perp v2. Add your wallet address, dates and then enter your country’s tax rate to get an estimate.
  • Another runner up, Rezahsnz, submitted a Perp v2 rest API which can be found on GitHub. The repo contains the necessary code to set up a MongoDB caching mechanism for Perpetual Protocols’s subgraph.

New Grant💸

DeFiHelper

DeFiHelper is an investment tool that helps investors of any scale to easily manage and automate their DeFi investments across 300+ protocols. They are currently building a tool that allows you to auto-compound your liquidity positions on Perp v2, putting them in the same range you originally chose to LP in.

Update on Current Bounties & Grantees🎯

ShapeShift

The ShapeShift team now has capacity in their team to focus on the bounty for integrating Perp v2 into their platform. Their team is currently in the process of finalizing a UI/UX design to present to the Grants Committee before beginning the integration process.

Component

Component is building a Perp v2 LP simulator with backtesting functionality. They are now in the stage of finalizing their user story board and presenting it to members of the Grants Committee and the Perpetual Protocol Foundation in order for them to begin the development stage.

YIN Finance

YIN Finance are in the process of integrating Optimism to begin development on Perp v2 LP vaults, similar to that of Charm and Teahouse.

IndexZoo

IndexZoo is building leveraged/index tokens on top of Perp v2. They are currently in the process of testing their leveraged tokens and will be shortly moving into beta.

Atlantis World

Atlantis World is building a metaverse with token-gating, gamified DeFi and in-game voting. They have started to integrate Perpetual Protocol allowing for users to trade on our exchange in the metaverse.

Socket Bounty

The Socket (formerly known as Movr) bounty to build a UI/UX has been claimed. The awardee will be building a Perpetual Protocol themed UI and experience for the Socket bridge aggregator enabling users to easily bridge to Perp v2.

Referral Banner

The Grants Committee has approved an extra $2,000 in funding to integrate personalized referral banners into the referral program.

Perp Connect

Perp Connect is an iOS app which will allow users to trade on Perpetual Protocol. Currently pending app store approval.

UniDex

UniDex is a DEX aggregator, aggregating not only spot but derivative exchanges as well. Perp v1 has been integrated into their DEX aggregator, and they are in the process of integrating Perp v2.

Apply Now📮

Are you interested in building on top of Perpetual Protocol or want to help support the ecosystem through education and marketing? Get started now by filling out the grants application form!

Subscribe to our newsletter here to get updates on the progress of our partners from the Grants Program and Ecosystem Fund!

--

--

Trustless crypto trading for everyone! Explore perpetual swaps, earn yield and build the future of DeFi with our decentralized trading protocol on Optimism.