PLP is a token users receive from depositing their assets into the PLP fund, whose assets act as the liquidity for swappers and leveraged traders at Perp88. Each PLP token represents a share of the ownership of the PLP fund.
How to obtain:
- Earns 85% of protocol revenue in the form of USDC when staked
- Accrues 100% of the profits from acting as the counterparty for traders on Perp88
Please note that Perp88 DOES NOT have a governance token at the moment. Please beware of scammers.
Last modified 4mo ago