Consider a perpetuals platform (i.
25 Feb 2023, 07:40
Consider a perpetuals platform (i.e. perpetuals futures) for Fringe ecosystem as a separate platform requiring its own liquidity and adoption, separate to the PLP/Amplify/Margin Trade platform. Adapting an existing platform like Perpetual Protocol, GMX or Synthetix is possible, but Fringe should differentiate itself by offering long-tail asset collateral deployment, censorship-resistant price oracle model, partial liquidations model, and decentralized backend. Pursuing this approach requires significant engineering efforts, time and funding, which may slow down the delivery of the existing roadmap. Fringe aims to differentiate itself from other undifferentiated platforms, increase censorship-resistance, and establish itself as a unique and compelling offering. As Fringe transitions to a self-sustaining model, a perpetual platform is not ruled out, though is currently not planned. Stay tuned for the marketing team's more detailed roadmap and support Fringe as FRIN token holders. Shill, baby!
But keep in mind that our Amplify and Margin Trade products offer similar functionality as a perpetuals futures platform. i.e. time-unlimited, leveraged trades. The difference is that Fringe's Amplify and Margin Trade platforms require the assets involved in the positions to be represented by ERC20 tokens. And if there are ERC20 representations of the assets used on a perpetuals futures platform, then that distinction vanishes.