November 4, 2021
Pika Protocol is a decentralized perpetuals swap exchange on Ethereum layer 2 with:
- High Leverage: support up to 50x leverage.
- Deep Liquidity: achieve the same level of liquidity as top perpetual exchanges.
- Trade Any Assets: starting from crypto and expanding to commodities, volatility index, etc.
- Composability: composable with the entire DeFi system.
Implement all the reported feedback for the testnet app: https://app.pikaprotocol.com/
Budget: $5k; Forecast: Nov 2021
Launch and maintain perpetual swap exchange on Polygon supporting major crypto pairs.
Launch budget: $10k; Forecast: Jan 2022
Maintenance budget(server and operational cost): $15k for the entire 2022
Work with Chainlink to support non-crypto(commodities, volatility index, NFTs) perp trading on Polygon. (We are partnering with Chainlink for Oracles on Optimism, and hope to do for Polygon as well)
Budget: $8k for the entire 2022.