Tracer Perpetual Pools is now live on Arbitrum One

Tracer Perpetual Pools Launch

We are pleased to announce Tracer Perpetual Pools is now live on Arbitrum One. This is a monumental moment for Tracer DAO and the decentralised finance ecosystem as a whole.

Need To Know

  • You can trade via the new Perpetual Pools Interface.
  • You can read the documentation via the Tracer website here: Documentation.
  • You can read about liquidity mining incentives here.
  • For support, enter the Tracer Discord and find the #help channel
  • Users will need to use the Arbitrum bridge https://bridge.arbitrum.io/ to move their assets from L1 to L2 when using the Perpetual Pools Interface. Noting the 7 day withdrawal timeframe from back to the main-chain (L2 to L1).

Quick Summary

Perpetual Pools is a new financial primitive that enables anybody to take a short or long position on any underlying asset. These positions are non-liquidatable, fully collateralised, fully-fungible and can exist perpetually without upkeep. These positions exist as ERC20 leveraged tokens which live inside your wallet and are composable within the DeFi economy.

For a more detailed overview, read: Perpetual Pools Explained

Acknowledgments

Today marks an important milestone for the Tracer DAO as well as every Service Provider, Alpha Tester, Partner, DAO member, and community member that has brought Tracer Perpetual Pools to life. Tracer DAO would like to thank everyone involved and looks forward to continue driving financial innovations through the Tracer Factory.

To learn more about Tracer, read the whitepapers here: Learn

What Happens Next?

In the coming few weeks there will be many new releases that build upon the Perpetual Pool offering. Automated strategies that leverage pool tokens in yield generating structured products will be released so that market participants can provide capital to the Perpetual Pool contracts in a simple, risk-free way.

In the next two weeks we will be releasing literature on the Tracer Indices Marketplace, which will enable tokenised index positions to flow throughout the DeFi economy.

To track these updates, stay up-to-date with announcements by following Tracer DAO on Twitter and joining the Tracer community on Discord and Discourse, and subscribing to our YouTube channel.

Legal and Financial Advice Disclaimer:

The information provided in this article is for informational purposes only. Any material in this article should not be considered as legal or financial advice. Tracer DAO is not an investment advisor and this is not a place for the giving or receiving of financial, tax or legal advice or investment strategy. Tracer DAO is not regulated by any financial services authority. You should consult with a financial advisor, attorney or other professional to determine what may be best for your individual needs.

Accordingly, Tracer DAO will not be liable, whether in contract, tort (including negligence) or otherwise, in respect of any damage, expense or other loss you may suffer arising out of such information or any reliance you may place upon such information. Any arrangements between you and any third party contacted via Tracer DAO’s website are at your sole risk.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Mycelium

Mycelium

236 Followers

Trade with liquidity, leverage, and low fees. Trade with Mycelium. DeFi derivatives, hosted on Arbitrum.