# Perpetual Protocol Proposed To Unlock 20.5 Mln PERP

By Coinness

Canonical URL: https://www.tokenpost.com/news/investing/6210
Published: 2021-01-29T07:58:04.000Z
Updated: 2021-01-29T07:58:04.000Z
Section: Investing

> Decentralized derivatives protocol Perpetual Protocol put forward a new proposal to unlock 20.5 million PERP, 13 million of which will be used for transaction mining and pledge rewards, 3 million will be used for intr…

Decentralized derivatives protocol Perpetual Protocol put forward a new proposal to unlock 20.5 million PERP, 13 million of which will be used for transaction mining and pledge rewards, 3 million will be used for introducing strategic partners to contribute to the accruement of protocol, 500,000 will be used for bounty rewards, and the remaining 4 million will be used for the increasing of DEX liquidity.

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