PERI dApp Guide — 2. Burn
This article will introduce burn pUSD progress of PERI Finance staking dApp with updated UI.
We will explain the whole procedure with the Metamask wallet.
Note — Before burning pUSD on dApp, you should have staked certain amount of PERI or PERI with other kinds of stablecoin.
We’ve also uploaded a detailed guide on Youtube. Please check the video below:
Steps of Burn pUSD on dApp
Burn pUSD by unstake PERI
Step 1. Click ‘Burn’ on the main page.
Step 2. Input the amount that you want to burn pUSD, and click ‘Burn’.
Note — For users who staked both PERI and Stablecoin(USDC, DAI)
If users who staked PERI and other kinds of stablecoin, you should maintain the staking ratio(PERI 80% : other stablecoin 20%)on the staking dApp.
So, if you unstake all PERI amount in the dApp, you should burn pUSD by stablecoin first.
Step 3. Check the gas fee on the Metamask, and click ‘Confirm’.
Once the transaction is completed, you can see the alert on dApp and Metamask.
After you see the alert on dApp. you can see staked amount on dApp page and Metamask.
Burn pUSD by unstake USDC or DAI
Burn pUSD by unstake USDC or DAI proceeds similar with PERI.
Step 1. Click ‘Burn’ on the main page.
Step 2. Scroll and Select USDC or DAI and Input the amount that you want to burn pUSD, and click ‘Burn’.
Note — For users who staked both PERI and Stablecoin(USDC, DAI)
If users who staked PERI and other kinds of stablecoin, you should maintain the staking ratio(PERI 80% : other stablecoin 20%)on the staking dApp.
So, if you unstake all amount in the dApp, you should burn pUSD by stablecoin first.
Step 3. Check the gas fee on the Metamask, and click ‘Confirm’.
Once the transaction is completed, you can see the alert on dApp and Metamask respectively.
After you see the alert on dApp. you can see the current amount on dApp page and Metamask.
About PERI Finance
PERI Finance is an innovative synthetics issuance and derivatives market 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 leverage and non-leverage synthetic products. We empower users with the lower GAS fee, speedy transaction, and ample security from front-running or flash loan.
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