good morning it is thursday which is unusual because normally do we first look on a wednesday if you don't know what first look at it's our unboxing series today we're taking a look at tracer's perpetual pools not to be confused with perpetual swaps what is that all about why could you possibly use it we'll get into all of that after these messages from our sponsors don't let high gas costs keep you out of ethereum a balance of the gas optimized vault architecture makes trading cheaper than anywhere else liquidity providers can optimize their fee earnings using the dynamic fee system that automatically adjusts to market conditions you can also use asset managers to lend out idle assets dramatically increasing your capital efficiency and because balancer is an open platform for flexible automated markets you can choose some stable pools or weighted pools and in the future more designs will be created that they don't even know about yet check it out at balancerNUMBER_TOKEN other or is it ava i think it's arvo fun fact that name is taken from the finnish word for ghost but there's nothing mysterious and weird about other it is in fact a decentralized open source and non-custodial liquidity protocol on ethereum depositors earn interest by providing liquidity to lending pools while borrowers can obtain loans by tapping into these pools with variable and stable interest rate options deposit in other protocol and receive a tokens which accrue interest every second right in your wallet seriously you can watch your balance just going every second swap any of your deposited assets at any time to get the best yields on the market and for the devs out there other features access to dNUMBER_TOKEN building blocks like flashlights and credit delegation other protocol liquidity pools are now available on ethereum and the sidechain polygon so here we go we're taking a look at tracer's perpetual pools and to start with we should look at what tracer actually is well tracer is a dao and it's a dao whose main purpose is to create financial products particularly derivatives products that leverage blockchain blockchain technology to provide censorship resistant market connectivity powering the next generation of finance so it's an ecosystem of different financial products you've got mms you've got futures you've got perpetual swaps you've got prediction markets and there's just a bunch of people connected to that who are experts in one particular part of it could be designing smart contracts it could be working with oracle feeds it could be just you know dNUMBER_TOKEN traders who are very very very advanced at what they do they can all plug into the tracer down contribute to contracts and to products that the dao is putting out and once the contract has been deployed it's completely permissionless unless it's been designed not to be but fundamentally you can't change it and anyone can interact with it that's kind of profound that's what tracer is all about so one of the fun things that i discovered with tracer is their perpetual swaps contract was audited by sigma prime now that may not mean anything to you but sigma is probably the most noteworthy auditor anywhere in the blockchain space if you get your contracts ordered by sigma prime not only does it take a very very very very long time and not only is it very very very very expensive but they're the best that doesn't mean that they're bulletproof by any means but if you see sigma prime it's
START_SPONSOR_TOKEN our sponsors don't let high gas costs keep you out of ethereum a balance of the gas optimized vault architecture makes trading cheaper than anywhere else liquidity providers can optimize their fee earnings using the dynamic fee system that automatically adjusts to market conditions you can also use asset managers to lend out idle assets dramatically increasing your capital efficiency and because balancer is an open platform for flexible automated markets you can choose some stable pools or weighted pools and in the future more designs will be created that they don't even know about yet check it out at balancerNUMBER_TOKEN other or is it ava i think it's arvo fun fact that name is taken from the finnish word for ghost but there's nothing mysterious and weird about other it is in fact a decentralized open source and non-custodial liquidity protocol on ethereum depositors earn interest by providing liquidity to lending pools while borrowers can obtain loans by tapping into these pools with variable and stable interest rate options deposit in other protocol and receive a tokens which accrue interest every second right in your wallet seriously you can watch your balance just going every second swap any of your deposited assets at any time to get the best yields on the market and for the devs out there other features access to dNUMBER_TOKEN building blocks like flashlights and credit delegation other protocol liquidity pools are now available on ethereum and the sidechain polygon END_SPONSOR_TOKEN