ARPA Chain (ARPA), Bounce (AUCTION) and Perpetual Protocol (PERP) Launching On Coinbase Pro

Published on: 19.10.2021

ARPA is a blockchain-based solution for privacy-preserving computation, enabled by Multi-Party Computation (“MPC”). Founded in April 2018, the goal of ARPA is to separate data utility from ownership and enable data renting. ARPA’s MPC protocol creates ways for multiple entities to collaboratively analyze data and extract data synergies while keeping each party’s data input private and secure. ARPA allows secret sharing of private data, and the correctness of computation is verifiable using the information-theoretic Message Authentication Code (MAC).

Bounce is a decentralized auction platform, incorporating liquidity mining, decentralized governance and staking mechanisms. The first principle of Bounce is scarcity of resources, which creates a competitive swap environment.

The core of Perpetual Protocol is the decentralized exchange (DEX), based on Ethereum and xDai. The PERP token is primarily a utility token designed to facilitate and incentivize the decentralized governance of the protocol. As such, holders of PERP tokens accrue voting rights proportional to their holdings.

$ARPA, $BOUNCE, $PERP is launching on Coinbase Pro. Trading will begin on or after 9AM Pacific Time (PT) Tuesday October 19, if liquidity conditions are met.

Once sufficient supply of ARPA, AUCTION and PERP is established on the platform, trading on ARPA-USD, ARPA-USDT, ARPA-EUR, AUCTION-USD, AUCTION-USDT, AUCTION-EUR, PERP-USD, PERP-USDT and PERP-EUR order books will launch in three phases, post-only, limit-only and full trading. If at any point one of the new order books does not meet the assessment for a healthy and orderly market, Coinbase Pro may keep the book in one state for a longer period of time or suspend trading as per Trading Rules.

ABOUT Coinbase Pro
Coinbase Pro offers individuals the ability to trade a variety of digital assets on a secure, insurance backed platform.

RESOURCES
https://blog.coinbase.com/

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