Our Sincere Apologies for the glitches happened before listing

Pynths Protocol
PERI Finance
Published in
2 min readMay 11, 2021

(Posted on 3:00, 11th May UTC)

Dear Peri Finance community

First of all, we sincerely apologise for what had happened before Peri’s listing. It was the outcome of a series of unexpected, and unfortunate, episodes which were completely out of our control.

Rest to be assured, we did everything we could to keep our promises with you. NOW, PERI is properly being traded on GATE.IO.

We would like to share the details of each event during the technical glitches, so you can be assured that PERI is highly committed to focus on our mission and to solve further issues, if any.

  1. A few hours before opening Uniswap/Pancakeswap, ETH showed unusually high GAS fees, which at some point spiked up to $1,000.
  2. Because the networks had become unstable, exchanges blocked ETH withdrawal all together in order to calm the networks down. No liquidity could be created.
  3. Pancakeswap’s BSC network nodes were also DOWN. There, big exchanges such as Binance also blocked withdrawal as well. PERI couldn’t add any liquidity either.
  4. Pancakeswap’s pair was supposed to be distributed but it couldn’t happen.
  5. After a while, Binance finally released ETH, then we could start adding liquidity. But BSC network was still unstable, transaction was done slowly.

Most of time, there were usually technical issues around initial trading, but this time, PERI had to tackle a number of issues at the same time.
Hope this explains what had happend and what we have done.
Again, we really appreciate your patience and support so far!

Currently MXC has blocked all the listings on their platform because of the concerns on the current market conditions. We are waiting for MXC to take our PERI on their platform soon.

We have been planning to list on a few renown exchanges, will keep you posted!

Need more info? Check out for more information about PERI Finance!

Website: https://www.pynths.com/
Twitter : https://twitter.com/PERIfinance
Medium :
https://medium.com/perifinance
Discord :
https://discord.gg/FF8U8A458j
Telegram :
https://t.me/peri_global

[Disclaimer]

PERI Finance team members will NEVER DM you first on any platform. There are multiple fake Pynths tokens out there. Do NOT attempt to search and buy Pynths token before an official listing announcement.

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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