Summary:
Create a bounty proposal for a developer snowball to integrate Perpetual Protocol v2’s trading functionalities and staking functionalities into Assembly. Perpetual Protocol will integrate its Arbitrum contracts into the Instadapp Smart Layer.
Proposal:
Perpetual protocol is a decentralized perpetual exchange currently on xDai for our v1 and will later be deployed onto Arbitrum for our v2. Perpetual Protocol has done over $26B in volume to date and the ability to trade up to 10x leverage on over 18 perpetual products including BTC/ETH and many DeFi majors.
Phase 1: Added to private repo to build connectors for all relevant contracts
Phase 2: Submit Connectors and Resolvers to Governance
Phase 3: Creating and deploy Assembly page for Perpetual Protocol
Bounty paid out in 3 phases.
Bounty Phase 1: Building out the connectors and resolvers for all relevant contracts.
Base Reward: 225 PERP and 200 INST | Timeline Bonus 60 PERP and INST| Snowball: +10% Base reward
Start Time: Whenever the proposal is picked up and approved by Perpetual Protocol Grants Committee
Bounty Phase 2:
Submission of Connectors and Resolvers to Governance
Base Reward: 25 PERP and 25 INST | Timeline Bonus 10 PERP and INST | Snowball: +10% Base Reward
Bounty Phase 3: Creating and connecting Assembly to connector/resolver contracts.
Base Reward: 50 PERP and INST 50 | Timeline Bonus: 20 PERP and INST | Snowball + 10% Base Reward
Bounty Reward Schedule
Phase 1:
Base Reward: 225 PERP and 200 INST
Timeline Bonus: 60 PERP and 50 INST
Max Snowball: 22.5 PERP and 40 INST
Reward Range: 225-307.5 PERP and 200 - 290 INST
Phase 2
Base Reward: 25 PERP and 25 INST
Timeline Bonus: 10 PERP and 10 INST
Max Snowball: 2.5 PERP and 5 INST
Reward Range: 25 - 37.5 PERP and 25 - 40 INST
Phase 3
Base Reward: 50 PERP and 50 INST
Timeline Bonus: 20 PERP and 20 INST
Max Snowball: 5 PERP and 20 INST
Reward Range: 55 - 75 PERP and 50 - 90 INST
Total Range = 300 PERP and 275 INST – 420 PERP and INST
Result
Perp v2 will be integrated into Instadapp including a working assembly page for trading and staking.
Would like to get some thoughts from the community
