Propose New Collateral Type
This guide shows you how to submit a proposal for new collateral type.
Before submitting a proposal, please first discuss your idea in Telegram or Discord.
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 https://vote.perlinx.finance 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)
You may use the default block number or look at https://etherscan.io/blocks and use the last block number.
Lastly, select 'Publish' and select 'Sign' in the Metamask popup.
Congratulations! Your proposal is now up!
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