# Proposal : Whitelist Perpetual Protocol (PERP)

**URL:** <https://gov.bancor.network/t/proposal-whitelist-perpetual-protocol-perp/2472>\
**Category:** DAO Archive (SUBMITTED)\
**Created:** [June 23, 2021, 9:14pm UTC](https://gov.bancor.network/t/proposal-whitelist-perpetual-protocol-perp/2472 "2021-06-23T21:14:32Z")\
**Posts on this page:** 1\
**Showing post:** 4

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**Author:** ![ccc](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/ccc/32/3214_2.png) [@ccc](https://gov.bancor.network/u/ccc)\
**Post date:** [June 26, 2021, 5:20pm UTC](https://gov.bancor.network/t/proposal-whitelist-perpetual-protocol-perp/2472/4 "2021-06-26T17:20:17Z")

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This proposal has my support, but I’m not yet sure I can vote on it. Perpetual is a promising project, with many possibilities in many areas; I would very much like to explore these sometime. I’m not quite sure I fully understand it–the ‘Virtual AMM’ is really throwing me for a loop. If I’m reading [the docs](https://docs.perp.fi/getting-started/how-it-works) correctly, nothing is swapped and no liquidity providers are involved–so do the positions exist “on paper” only? How does that work? I feel a bit like I’m missing something; or is it really that simple?

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_[View the full topic](https://gov.bancor.network/t/proposal-whitelist-perpetual-protocol-perp/2472)._