Decentralized Derivatives Protocol Perpetual Protocol Tokenomics Proposal Was Adopted

Perpetual Protocol, a decentralized derivatives protocol, announced that its tokenomics proposal has been approved and new tokenomics will be implemented. The proposal includes four main components: implementation of a vote-escrow model or vePERP, updates of the liquidity mining (incentivise LPs) and liquidity acquisition programs to work in tandem with vePERP, implementation of governance controls for fee distributions in Perp V2, and implementation of new governance process in line with industry standards.