# Community Meetup September 2020: AMMs, vAMMs & Liquidity Mining with Perpetual Protocol

- Channel: [Ethereum Malaysia](https://streameth.org/ethereum-malaysia)
- Date: 2020-10-09
- Duration: 1:26:34
- Topics: ethereum, blockchain, kuala lumpur
- Watch: https://streameth.org/watch/yt-LSwyq02Wl6s
- YouTube: https://www.youtube.com/watch?v=LSwyq02Wl6s

## Description

Yenwen Feng from Perpetual Protocol shares an introduction to AMMs and vAMMs, followed by a discussion on Liquidity Mining & Yield Farming.

Yenwen Feng is the co-founder and CEO of Perpetual Protocol, a decentralized perpetual contract protocol with a novel Virtual AMM design. Yenwen is a serial entrepreneur, previously co-founding Decore, an Accounting SaaS service for crypto companies backed by Binance Labs, and different types of consumer-facing startups, including Cubie (messaging app with 10M downloads worldwide), Gamelet (social game), and Willmobile (mobile stock trading app).

Perpetual Protocol is a decentralized perpetual contract trading protocol that allows up to 20x leverage on long and short positions on virtually any asset. Perpetual Protocol is powered by a novel Virtual AMM, the first of its kind, and a built-in, protocol-wide Staking Pool, which provides a backstop for each virtual market.