In no particular order, the following are some of the items we wanted to focus on with this initiative
- Reward early traders with PERP rewards
- Attract more traders to Perpetual Protocol and boost our trading volume.
- Distribute PERP to continue our route to decentralisation
- Create a positive feedback loop for traders and stakers - the liquidity mining should increase trading volume which in turn leads to more trading fees which flow into the insurance fund as well as higher yields for stakers. This in turn then drives the demand of PERP as there is greater visibility and then starts the loop again as new traders discover the protocol
- Prevent wash trading
- Reward traders who keep their positions open for longer
For further details please see https://gov.perp.fi/t/transaction-mining-rewards-v2/280