Perpetual Protocol Newsletter — Issue #55Hey everyone,In this issue of the bi-weekly newsletter we bring you the latest updates on the Hot Tub vaults, as well as other exciting news happening within the Perp community. Read on to learn more.🛠️ Product1. ETH Vault Cap IncreaseWe doubled the cap of the ETH vault so more people can dip into the Hot Tub and enjoy that juicy 20–30% APR. The very popular vault filled up within 12 hours. If you’re still waiting to get in, stay tuned on our upcoming announcements!2. Hot Tub Performance ChartYou can now click on the line graph next to the APR figure to see a chart of the vault’s historical performance.3. All time high APR in USDC Vault + Cap IncreaseThanks to elevated price volatility for ETH, the Hot Tub’s USDC vault hit an all time high 7-day APR at 55.5% last week. To accommodate more users to enjoy those returns we just doubled the cap to 200k USDC, so get your funds ready and deposit fast before it fills up again! If you’re not on the whitelist yet, sign up here.🤝 Community & Partnerships1. Join the Daily SpellWe have opened the daily spell channel to all community members where you can complete daily quests and receive monthly rewards. This is a great way to stay up to date with Perp, support the community, and earn some $PERP at the same time!2. OP RadioWe joined the amazing folks at Optimism on OP Radio to talk about decentralized perpetual futures trading.3.
Team Brown Bag on Pendle FinanceOur senior software engineer Nicky Chao held a team brown bag on Pendle Finance, watch it on Youtube or Lenstube.4. Amberdata Podcast #5Amberdata’s Analytics Engineer Chris Martin interviews Perp team member Jamie Holmes to discuss Perpetual Protocol and current trends across decentralized exchanges on their latest podcast5. Community Call #50 — Meme ContestIn honour of the fiftieth edition of our community call we are hosting a meme challenge! Create your best Perpetual Protocol, Hot Tub, DeFi or Trading memes and submit them on Discord until May 2, 2023, at 23:59 UTC. Don’t miss out on this chance to win some PERP and show off your meme-making skills. Winners will be announced during the call on Wednesday, May 3, at 1pm UTC. In addition, we’ll cover the latest product and community updates. Join us live on Youtube to claim an NFT.📚 Further ReadingsDemystifying Dow Theory: 6 Principles Every Trader Should KnowLinksWebsiteTwitterDiscordYoutubePerpetual Protocol Newsletter — Issue #55 was originally published in Perpetual Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.
Source : [Perpetual Protocol Newsletter — Issue #55](blog.perp.fi/perpetual-protocol-newsletter-issue-55-974ad7d87dda?source=rss-f7bd5319dd26------2) by Perpetual Protocol - Stories by Perpetual Protocol on Medium by Perpetual Protocol / May 02, 2023
