Featured Question and Answers — PERI Finance
Since the IEO/IDO of PERI token on May 2021, PERI Finance had several AMAs and community answers with crypto users and supporters. So we are going to sum up featured questions and answers in this section.
What’s your contract address?
Here’s our token smart contract address:
LP(Uniswap Token): 0x3530A9461788891b7f5b94148a6E82FFa6fd236a
BSC(Binance Smart Chain) Address
Why the APY is going down?
APY (The Annual Percentage Yield)is affected by how many amounts of tokens are staked(amounts of TVL) on the network. So the more users and amounts participate in the staking, the lower Annual Percentage appears. This means that you can expect a higher APY by joining staking dApp earlier than others.
Please check each network’s APY on our staking dApp. You can see the details in the Stake-Mint section of the dApp window.
I can’t see other tokens on your staking dApp page.
Please scroll up/down with your mouse click wheel or touchpad. You can choose the tokens on the Mint/Burn/Reward section.
Can I use PERI staking dApp on mobile?
Yes, we can. PERI Finance dApp is on both laptop and mobile. Users can access our dApp on mobile by following dApp address(users need install Metamask mobile application):
PERI Finance Staking
A dApp for PERI/USDC/DAI/LP holders to earn rewards through staking.
PERI Finance is planning to launch a mobile-friendly staking dApp page. We will announce additional updates to users.
Where can I buy the PERI token?
PERI token has listed on the following centralized exchanges:
You can also trade PERI tokens by paste the following address on DEX:
Synthetic assets? PERI DEX?
Synthetic asset is a synthesized asset with the original asset, and this is called ‘Pynths’ in PERI Finance.
Our basic pynth is pUSD, which is pegged in the US dollar, that is used for purchasing synthetic assets in PERI Finance DEX. Basically, if you stake PERI token in staking dApp, dApp mints you pUSD Pynths. So we can say that the ‘Pynths’ are minted through staking PERI.
With the Pynth, Users are able to trade the synthetic assets in the PERI Finance DEX(Decentralized exchange) called ‘PERI.Exchange’. PERI.Exchange will provide various pynths such as commodities(Gold, Silver, etc.), stocks(Tesla, Amazon, Google, etc.), indices(NYSE, Nasdaq, etc.), and other blockchain assets(BTC, ETH, etc.).
So users can earn arbitrage benefits through trading these pynths on our DEX platform, without buying any kind of original assets.
PERI.Exchange is on the development progress. We will launch our dApp on the 4Q of this year.
Are your project is secure?
Our smart contract had a code audit from CertiK to prevent any kinds of security issues. Please check our code audit report with this link below:
CertiK Security Leaderboard - PERI Finance
Disclaimer: CertiK conducts security assessments on the provided source code exclusively. Conduct your own due…
PERI Finance is holding a bug bounty program in Immunefi. Users are free to check our smart contract code and report security issues.
PERI Finance Staking dApp Bug Bounty Program
With PERI Finance dApp launching around the corner, we are starting a Bug Bounty Program to find bugs in our dApp. PERI…
PERI Finance will maintain a safe dApp platform by requesting additional code audits and keep conducting internal tests.
What is PERI Finance’s future plan?
PERI Finance will provide trading various assets including synthetic assets, NFT products, Metaverse properties(synthetic assets), and perpetual futures swap without any complex verification.
Our goal in the DeFi field is making it easier to access financial products than traditional finance products or other dApps, and we will achieve this goal through our developing DEX dApp.
PERI Finance will also provide users network interoperability with Polkadot’s ecosystem. Through Polkadot’s Relaychain and Parachain, users can trade Pynths(PERI synthetic assets) to users on diversified networks without a bridge.