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!