PERI dApp Guide — 3. Reward

Pynths Protocol
PERI Finance
Published in
3 min readAug 10, 2021

This article will introduce the progress of receving staking reward at UI updated PERI Finance staking dApp.
We will explain the whole procedure with the Metamask wallet.

We’ve also uploaded a detailed guide on Youtube. Please check the video below:

Notes

  • Claim schedule refreshes at every Saturday 00:00AM UTC. If you staked amount in weekdays, you can request claim from upcoming Saturday 00:00 UTC. Users should request their claim rewards on weekly basis.
  • All staking rewards are given by PERI token, including users who have staked PERI, stablecoin, LP tokens.

For detailed claim schedule, please refer to the previous guide:

Steps of Claim PERI on dApp

Claim PERI by minted pUSD

Step 1. Click ‘Reward’ on the main page.

Step 2. Check your reward amount on the ‘PERI’, and click ‘CLAIM’.

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.

You can check the claimed amounts on the ‘Balance’ — ‘Reward Escrow’ window.
Note — Rewards are escrowed for 52 weeks from the claim approval.

Claim PERI by minted LP tokens

Step 1. Click ‘Reward’ on the main page.

Step 2. Scroll down to LP reward, and check the reward amount of ‘PERI’ token. Click ‘Claim’.

Step 2–1. If users added LP on the PancakeSwap, you can see the LP reward window like this below.

Check the reward amount of ‘PERI’ token and click ‘Claim’.

Step 3. Review the gas fee on the Metamask, and click ‘Confirm’.

Once the transaction is completed, you can see the alert on dApp and Metamask.

You can check the claimed amounts on the ‘Balance’ window. LP rewards are added to the ‘Transferable’ amount, this means that users can transfer and trade rewarded PERI tokens immediately.

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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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