$PERCS is now live.
CA: EUpo3XyMwkXkqtceeUtCswaGquBeRmvbupKihTefpump
we forked @toly's Percolator risk engine and built https://t.co/ZfFnNLLr3B to give every memecoin a long and a short side.
for years, perps have been limited to a relatively small selection of tokens.
the problem has always been handling the extreme volatility, limited liquidity, and risk that comes with opening leveraged positions on memecoins.
@toly's Percolator risk engine changes what's possible.
now anyone can create a perpetual market for a memecoin, with up to 3x leverage and positions backed by isolated SOL vaults.
how $PERCS fits into this:
→ 100% of $PERCS creator fees are directed toward funding the SOL vaults that back perpetual markets.
→ anyone can create a market for a memecoin with at least $5,000 in liquidity, without waiting for a centralized exchange to list it.
→ once a market's vault reaches just 1 SOL, it can open for trading.
→ as $PERCS generates more creator fees, additional capital flows into the vaults, helping new markets open and existing markets support more trading activity.
→ each market operates independently, with risk management handled by Percolator and pricing based on the token's underlying DEX liquidity.
we're finishing what @toly started with Percolator, and bringing perpetual futures to memecoins.
https://t.co/ZfFnNLLr3B
Program (mainnet):
https://t.co/P2ljEH6lGu
@Multipad_x Why does this stop PvP? Because both coins are linked to each other!!! When you buy one, the other moves, and vice versa. It’s a brilliant system.
@Multipad_x Why does this stop PvP? Because both coins are linked to each other!!! When you buy one, the other moves, and vice versa. It’s a brilliant system!!!