xGov-38 proposes a decentralized perpetual margin exchange and the Vestige liquidity aggregator
The xGov-38 proposal outlines two components: a decentralized perpetual margin exchange offering up to 20x leverage, and an on-chain liquidity aggregator called Vestige. The proposal requests 350,000 ALGO to fund the work.
The margin trading platform utilizes existing automated market maker liquidity. The Vestige aggregator integrates stableswaps and lending pools, with its routing smart contract open-sourced.
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