Deri Protocol Monthly Report for May 2022

  • Deri Protocol is live on Arbitrum mainnet to providing capital efficiency to derivatives traders with faster transactions, lower gas fees, and overall a better experience for our users
  • BET it, the very first community-built project is live. Community Developers are welcome to build projects based on Deri Protocol.
  • To privilege DERI token in long term, the liquidator qualification module is reactive on Deri Protocol
  • Messari published an update analysis on Deri Protocol V3
  • A community driven poll was proposed to change the burning mechanism of DERI token
  • Over 1.32 million DERI tokens were burned in May
  • Spanish is updated on Deri Protocol

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Deri Protocol = (Perpetual Futures + Everlasting Options) x Decentralized.

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