Bankless DAO announced partnership with Perpetual Protocol

Bankless DAO announced last Wednesday, September 8, through its Twitter account, its new partnership with Perpetual Protocol, to educate the masses about perpetual swaps with highly efficient concentrated liquidity in Arbitrum.

Image on Bankless DAO post on Twitter

“We are pleased to announce that Bankless DAO has received a grant from Perpetual Protocol, under the Perpetual Grants Program!”, he said through an article published on the Medium platform.

The company explained that the goal of the grant is to start an educational campaign to make the DeFi community more aware of the role of the Perpetual Protocol in the growing blockchain ecosystem.

Similarly, he commented that the financed project comprises two parts:

• Bankless DAO will create dedicated written content about the mission, achievements and capabilities of Perpetual Protocol and its utility token.

• Bankless DAO will prepare a unique educational program aimed at offering innovative learning tools for prospective Perpetual Protocol users.

1. Dedicated content

According to the company, the program will highlight the main features of Perpetual Protocol, which aims to become the most successful and accessible decentralized derivatives trading platform on DeFi.

In addition, he indicated that the content would cover the general principles of the Perpetual Protocol: its history, community, participation / reward programs and characteristics of the PERP token.

“Readers will learn about perpetual contracts, through application examples, and understand the differences between centralized and decentralized perpetual contracts”, he added.

Also read: Defiant announced partnership with Ramp Network

Moreover, he highlighted that they would explain the unique on-chain functionalities of the protocol, which allows traders to go long or short term on different assets such as BTC, ETH, DOT, SNX, YFI and more (with up to 10x leverage).

Bankless DAO will also present the latest innovation: “v2 Curie”, which will also be implemented at Arbitrum. With this update, users can leverage Uniswap v3 as the execution layer for perpetual exchanges with highly efficient concentrated liquidity.

2. Educational program

Bankless DAO aims to create a tailored educational program on Perpetual Protocol, where the user will have the opportunity to learn through a structured and enjoyable path.

As such, the educational program will encompass:

• Prerequisites for understanding the functions of the protocol

• Explanatory texts

• Questionnaires

• Videos

• Illustrations

“The goal is to offer the community a tool to self-assess the level of understanding of the Perpetual Protocol functionalities and their potential. At the end of the road, users should be able to evaluate Perpetual’s value proposition and be ready to try its amazing tools”, he said.

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