Proposal of creating perpetual swap contracts of UST

As investors and traders consist of a large percentage of crypto participants right now, I maintain it’s important to make UST attractive for investors and traders. While the APY of Anchor may seem charming, the Mirror can hardly meet the needs for traders and investors because of the huge bid/ask spreads and tiny liquidity.

I advise on the creation of perpetual swap contracts of UST. By doing this, UST will immediately become attractive for traders. When there’s no opportunity, traders can put UST in Anchor to earn the 20% yield. When there’s opportunity, they can immediately withdraw deposit and trade. In this way, the utility of the capital is maximized for traders and the 20% APY of Anchor is a definite edge.

I think it will be an effective way to boost the rigid demand for UST. How do you think about this proposal?

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