PERI Finance
Published in

PERI Finance

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:

ETH(Ethereum) Address

PERI: 0x5d30ad9c6374bf925d0a75454fa327aacf778492
pUSD: 0x0A51952e61a990E585316cAA3d6D15C8d3e55976

USDC: 0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48
DAI: 0x6b175474e89094c44da98b954eedeac495271d0f
LP(Uniswap Token): 0x3530A9461788891b7f5b94148a6E82FFa6fd236a

BSC(Binance Smart Chain) Address

PERI: 0xb49B7e0742EcB4240ffE91661d2A580677460b6A
pUSD: 0xc9363d559D2e6DCAc6955A00B47d28326e07Cf07

USDC: 0x8ac76a51cc950d9822d68b83fe1ad97b32cd580d
DAI: 0x1af3f329e8be154074d8769d1ffa4ee058b1dbc3
LP(PANCAKE): 0xb68ebcec4c7aba66f5b8ed62e8c98b269cf918c8

Polygon(Matic) Address

PERI: 0xDC0E17eAE3B9651875030244b971fa0223a1764f
pUSD: 0xA590C980050d934c046920f8a9e0d9567536eDce

USDC: 0x2791Bca1f2de4661ED88A30C99A7a9449Aa84174
DAI: 0x8f3Cf7ad23Cd3CaDbD9735AFf958023239c6A063
LP(QUICK): 0x98f675b60769abc732ee59685bffa19ea3c8e81c

dApp

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 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:

Gate.io: https://www.gate.io/trade/PERI_USDT
Liquid: https://app.liquid.com/exchange/PERIUSDT
MEXC: https://www.mexc.com/exchange/PERI_USDT
XT: https://www.xt.com/tradePro/peri_usdt
Hotbit: https://www.hotbit.pro/exchange?symbol=PERI_USDT

You can also trade PERI tokens by paste the following address on DEX:

Uniswap: 0x5d30ad9c6374bf925d0a75454fa327aacf778492
Pancakeswap: 0xb49B7e0742EcB4240ffE91661d2A580677460b6A
Quickswap: 0xDC0E17eAE3B9651875030244b971fa0223a1764f

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.

Image from pynths.com

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:

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 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.

Please follow our communication channels for getting further events & updates!

Website | Twitter | Telegram(Global) | Telegram(Announcement)
WeChat(Chinese) | Telegram(Korean) | Discord | Reddit |

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Pynths Protocol

Pynths Protocol

Pynths Protocol is developing 'PERI Finance', a decentralized cross-chain synthetic issuance and derivative exchange and 'NEND', an NFT monetization platform