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  1. Propose & Vote for new PxAssets

Propose New Collateral Type

This guide shows you how to submit a proposal for new collateral type.

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Last updated 4 years ago

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Before submitting a proposal, please first discuss your idea in or .

A pxAsset is a synthetic asset collateralized by PERL or other approved tokens tracking the price of any assets or a predefined calculation.

Navigate to and connect your wallet

Once your wallet is connected, select 'New Proposal'

To submit a new proposal, you'll need to have at least 10,000 PERL token in your wallet.

Enter the field with the following template:

Question:

New Collateral Type - (Name of Collateral)

Proposal:

Summary (2 to 5 sentences) *A brief description of the proposal*

Abstract *The reasoning of the proposal for this token to be used as collateral in PerlinX*

Motivation *What is this collateral type going to achieve?*

Specification *The contract address for this token*

Choices:

1) Approve 2) Reject

Select Start Date, start time, end date and end time

A proposal should last at least 3 days for the community to vote on.

Time is based on your local time (computer settings)

Lastly, select 'Publish' and select 'Sign' in the Metamask popup.

Congratulations! Your proposal is now up!

You may use the default block number or look at and use the last block number.

https://etherscan.io/blocks
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