Published in Qilin Protocol

·Pinned

Qilin Protocol V2: Permissionless Perpetuals

Unlocking Billions in Altcoin Derivatives Market Over two testnets and an overhaul of our protocol frontend, Qilin V2 is about to launch! Designed to completely disrupt the existing DeFi derivatives landscape and change the way the crypto derivatives market is structured, Qilin V2 offers full decentralization and permissionlessness unparalleled by…

Qilinprotocol

2 min read

Jun 8

Announcing Qilin V2 Mainnet Bug Bounty Program on Immunefi

Following our V2 mainnet launch on April 21st, Qilin will initiate a new round of its long-term Bug Bounty Program with a total reward of $20,000. The purpose of this program is to detect potential security vulnerabilities and resolve them before they have impact on our users. …

Qilin

2 min read

Published in Qilin Protocol

·Jun 5

Qilin V2 Project Update — June 2022 Edition

In this post we want to release a consolidated series of updates that are relevant to all the key aspects of Qilin Protocol’s growth plans — governance, token & incentives, marketplace scaling, & L2 deployment. Marketplace Scaling Over the past two weeks we have begun proactively scale Qilin’s permissionless marketplace by…

2 min read

Qilin V2 Project Update — June 2022 Edition

May 31

Deploy Qilin Protocol V2 on Optimism

Background Perpetuals trading requires fast finality and low gas prices, even more so than trading spot, considering extra mechanisms such as on-chain liquidations and funding fees. Having the Ethereum mainnet as the sole blockchain for processing perpetuals affects onboarding trading and liquidity provision to Qilin. In addition, Optimism currently lacks perpetuals trading infrastructure and not deploying on L2 solutions like Optimism invites other protocols to fill the spot.

Qilinprotocol

1 min read

Deploy Qilin Protocol V2 on Optimism

Background

Perpetuals trading requires fast finality and low gas prices, even more so than trading spot, considering extra mechanisms such as on-chain liquidations and funding fees. Having the Ethereum mainnet as the sole blockchain for processing perpetuals affects onboarding trading and liquidity provision to Qilin. In addition, Optimism currently lacks perpetuals trading infrastructure and not deploying on L2 solutions like Optimism invites other protocols to fill the spot.

On Optimism

Optimism currents supports > 3000 ERC-20 token contracts and only has one perpetuals trading protocol with limited marketplace scalability. Deploying Qilin V2 on Optimism would mean perpetuals trading capabilities for these assets and enrich Optimism’s derivatives landscape.

Next Steps

This proposal opens discussions for L2 deployment of Qilin V2 following up the previous community requests for L2. Indicate your interest for Qilin V2 moving forward with a deployment on Optimism.

Published in Qilin Protocol

·May 5

Qilin Protocol V2 Launch Space — AMA Recap

Hi fellow Qiliners! We just finished our first AMA post-V2 launch where we were able to cover some important topics about V2, permissionless perpetuals market, and building a decentralized derivatives protocol. We also received some valuable feedback from our community in Discord afterwards. …

Qilinprotocol

5 min read

Apr 21

Supernova NFT Campaign for Qilin V2 Public Testnet Successfully Concluded

We are pleased to announce the successful conclusion of the Supernova NFT campaign for Qilin V2 public testnet, validating the readiness for Qilin V2 mainnet launch. Thank you all for engaging with us and giving us an immense amount of support ❤️ Overview of the Testnet The Supernova NFT Campaign was jointly launched by…

Qilinprotocol

3 min read

Supernova NFT Campaign for Qilin V2 Public Testnet Successfully Concluded

Mar 22

Qilin V2 Testnet Microservice Suspension Update

On March 21, 2022 10:59:12 AM UTC time, our V2 testnet experienced a service blackout regarding its FOX/OWL pool. After investigation, we discovered that the suspension of service occurred due to an overload issue in the microservice on Qilin’s subgraph. …

Qilin

1 min read

Published in Qilin Protocol

·Mar 15

Announcing Supernova NFT for Qilin V2 Public Testnet with Math Wallet

Earlier in December 2021, we closed the public testnet for Qilin V2 perpetuals marketplace. With billions of testnet stablecoin volumes in volume and millions in liquidity provider rewards, the whole of Qilin’s team received a ton of feedback from the community and greatly appreciate all the participation. …

Qilin

4 min read

Published in Qilin Protocol

·Feb 16

Building Financial Primitives in DeFi Derivatives

As Qilin’s V2 public testnet is imminent, we’ve been more and more shifting our focus to what’s next for permissionless derivatives. Overtime, we have identified four essenetial financial primitives that are the fundamental building blocks across DeFi and different types of market. These primitives — liquidity, risk, leverage, and arbitrage…

Qilin

3 min read

Building Financial Primitives in DeFi Derivatives

Published in Qilin Protocol

·Feb 10

Qilin & PARSIQ partner up to create trigger warnings for permissionless perpetuals markets

Permissionless perpetuals trading protocol Qilin and blockchain analytics platform PARSIQ have entered a partnership to bring the first-ever trigger warnings to the decentralized perpetuals market. With PARSIQ integrated into Qilin’s permissionless perpetuals marketplace, liquidity providers and users will be able to receive trigger warnings from on-chain events such as: ●…

Qilin

2 min read