Introducing X Protocol, the Strategic Partner of PERI Finance

Pynths Protocol
PERI Finance
Published in
2 min readSep 1, 2021

We are pleased to announce that PERI Finance has established a strategic partnership with X Protocol, a decentralized cross-chain prediction and metaverse platform based on Polkadot.

Through this partnership, we can both cooperate with the following things:

Polkadot-based cross-chain platform

X Protocol has launched the Polkadot-based cross-chain prediction dApp with their governance token ‘POT’. PERI Finance can conduct constant cooperation and development through the X Predict dApp — a Polkadot-based cross-chain prediction platform by X Protocol.

NFT

PERI Finance will launch an NFT decentralized exchange to provide various NFT and NFT synthetic assets. Also, X Protocol will launch the prediction dApp combined with NFT. PERI Finance and X Protocol can cooperate for the NFT ecosystem by various business types, such as trading X Protocol’s NFT products on PERI Finance, issuing X Protocol NFT’s synthetic assets, etc.

Marketing

Through this partnership, PERI Finance and X Protocol will conduct various kinds of marketing programs. Through the AMA, events, and announcements, etc, both projects can promote their platform details with diverse communication channels.

Closing Thoughts

PERI Finance and X Protocol are having common things focusing on the Polkadot network, staking issued tokens, and the NFT platform. Through this partnership, PERI Finance and X Protocol expect that we can develop more robust blockchain projects, and expand their token ecosystem.

About X Protocol

X Protocol is a Polkadot-based cross-chain protocol that provides decentralized, safe, and fast bridging solutions. X Protocol is designed to realize cross-chain management of assets & data analysis aggregation between heterogeneous chains and expand business application scenarios through open application ecology.
X Protocol’s dApp — X Predict Market is a cross-chain prediction platform on X Protocol. This dApp is providing diversified, automated, safety-oriented, high-yield, socialized forecasting services, allowing users to freely initiate predictions and governance of real events, discuss and participate in incentive programs.
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About PERI Finance

PERI Finance is a Polkadot-based innovative synthetics issuance and derivatives market platform that utilizes blockchain technology to supercharge trades through its protocol.

PERI Finance allows accessing a wide range of both traditional financial and crypto assets in the form of synthetic and leveraged products, NFT assets, perpetual future swap, etc. PERI Finance empowers users with the lower GAS fee, speedy transactions, and ample security from front-running or flash loan.

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Pynths Protocol
PERI Finance

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