PERI Finance
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PERI Finance

PERI Finance launched Staking dApp on Matic Mainnet — dApp Guide

We will introduce our newly opened dApp details through the following info.

Buy PERI For Staking

First of all, you can stake the PERI tokens at dApp, and PERI is listed on following exchanges: Gate.io, MEXC Global

Click below links to buy PERI tokens on those exchanges:

Also, you can find PERI trading pair on those Decentralized Exchanges below: Uniswap, Pancakeswap

Click here to see details about trading in DeX!

Add Polygon Matic Mainnet in Metamask

To connect Polygon Mainnet, Users should add Polygon on their Metamask.

Step 1. Open Metamask app on your web browser and click the right top circle-shaped icon.

Step 2. Press ‘Custom RPC’ to set BSC network.

Step 3. Fill contents as below:

And click ‘Save’

Add PERI Token on Metamask

If you want to use PERI dApp through Metamask, we suggest adding Token to your wallet first.

This document will explain the procedure about adding PERI token on Metamask.

Step 1. Click the Metamask on the extension and click the “Add Token”

Step 2. At “Add Tokens” window, fill the info as below:

INFO

  • Token Contract Address: 0xDC0E17eAE3B9651875030244b971fa0223a1764f
  • Token Symbol: PERI
  • Decimals of Precision: 18

Step 3. Click “Add Tokens”, and you can see PERI token has been added into your Metamask wallet.

Image: Adding Tokens on Metamask(Step 1~3)

Step 4. After added Click the “Metamask” and sign in to your wallet.

Image: dApp First Page (Step 4)

Main Page_PERI dApp

This is the main UI of PERI Finance dApp.
Users can use stake, burn, and claim in this page.

Image: dApp Main Page
Image: Main Page_My Wallet Detail

Staking

Users can mint PERI’s basic Pynth(PERI Synthetic Asset)pUSD through the staking process.

Step 1. Click ‘STAKING’ from the main page, then you can choose types of tokens want to stake.

Image: dApp Main Page(Step1)

Step 2. Select “Staking only PERI”, then you can input amounts of pUSD that you want to mint.

Image: Staking Main Page(Step2)

Step 3. As shown in the example below, you can mint 100 pUSD by staking 32 PERI. Click “STAKE & MINT”
(You have to hold certain amounts of PERI)

Images: Staking_only PERI(Step3)

3–1. You can also mint pUSD by staking USDC.
(You have to hold certain amounts of USDC)

Image: Staking_Only USDC(3–1)

3–2. If you want to mint pUSD by staking USDC and PERI both, click the “Staking-PERI and USDC”, and input amount to mint pUSD and stake USDC.

(The system will display the necessary amount of PERI by inputting the amount of pUSD and USDC.)
(You have to hold certain amounts of PERI and USDC)

Image: Staking_PERI and USDC Both(3–2)

Step 4. Confirm the stake on the Metamask, and you can see the green “success” notification.

Image: Staking_on Metamask and dApp Alert(Step4)

Burn

By burning pUSD, you can refund the staked tokens by selecting PERI, USDC, both PERI and USDC.

To adjust your C-ratio, you can also burn the minted pUSD.
(While your C-ratio is under the 400%, click “Fit to claimable”, dApp will burn the pUSD to adjust the claimable C-ratio(400%) automatically.)

Image: Burn_Main page

Method 1. You can burn pUSD for refund PERI only.
For example, you can refund 32PERI by burning 100pUSD as below.

Image: Burn_only PERI(Method 1)

Method 2. Also, “burning USDC only” procedure is working similarly with burning PERI only.

Image: Burn_only USDC(Method 2)

Method 3. By selecting “both PERI and USDC”, you can get the PERI and USDC respectively. Input amount to burn pUSD and refund USDC.

(The system will display the necessary amount of PERI by inputting the amount of pUSD and USDC.)

Image: Burn_PERI and USDC(Method 3)

Claim

If your C-ratio is above 400%, you can claim based on staked tokens.

This claim is refreshed on every 7 days, so users should regularly check their claim dates.

Image: Claim_Main page and Notice Alert

About PERI Finance

PERI Finance is a decentralized, cross-chain synthetic asset issuance and derivatives exchange on the Polkadot network. 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.

Website | Twitter | Medium | Discord | Telegram(Global)

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Pynths Protocol

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