**What’s Tracer DAO?**
Tracer is an open-source, smart contract protocol for derivatives. With the capability to enable anyone to deploy a derivatives market from a Tracer Factory template to manage their digital and real-world financial risk.

The first derivatives market to launch is a new primitive – Tracer Perpetual Pools. No margin. No liquidations. Fully fungible tokens for the DeFi economy. You can now acquire low-cost, leveraged exposure to any asset with zero risk of liquidation, zero trust in a centralised party, and zero limits set on leverage.

**What’s the TCR token?**
TCR is the governance token for Tracer DAO. TCR grants its holder the right to participate in the governance of the protocol, and vote on proposals. Proposals are community-driven and may include; research engagements, advisory roles, protocol upgrades, management of the treasury, software development, media partnerships, security audits, and a host of other important responsibilities. 

Join the Tracer DAO [Discord](https://discord.gg/sxvJ8TPmph) and help grow the community.

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