PERP is a protocol token for perpetual swap contracts, based on the design of an automated market maker, Perpetual Protocol can programmatically set and update the parameters of virtual AMM (x*y=k) and offer a competitive product for any given market at any time.

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📣Referral Program Update 📣

The last snapshot using sPERP to calculate referral earnings occurred today!

The cooldown period for unstaking sPERP has been removed as part of the migration to our new referral program.

Referral partners should now:

Unstake PERP: https://staking.perp.exchange/
Bridge to Optimism: https://app.optimism.io/bridge
Lock into vePERP to continue earning referral rewards: https://token.perp.com/

A snapshot of vePERP balances will be taken every Thursday (00:00 UTC) to determine referral earnings, so make sure you bridge and lock into vePERP before Thursday, October 13th.

More information about the new referral program👇

https://twitter.com/perpprotocol/status/1576953766728716288

Referral Program Update. The last snapshot using sPERP to calculate referral earnings occurred today.