PERI Finance Report — November 2021
We are thrilled to share our November monthly report of PERI Finance. Our team members working through launching the synthetic assets DEX platform, holding additional events, organizing project info for users. This November report includes details of current updates, please see each section below:
PERI Synthetic Assets DEX — Development Progress
PERI Finance team is about to launch the DEX platform on the Polkadot’s parachain. At this moment, we’re having several internal tests on the moonbase alpha, the testnet of Moonbeam and Moonriver — the representative parachain on Polkadot.
On the upcoming PERI DEX platform, the following functions will include:
- Trading Pynths with pUSD token(PERI synthetic assets)
Users can trade various pynths with their minted pUSD. We will start to open trade pairs with synthesized blockchain assets, and steadily open additional Pynths pairs on the DEX platform. - Token transfer through PERI asset Bridge
We will support token transfer from launched mainnets(Ethereum, Binance Smart Chain, Polygon) to Kusama(canary network of Polkadot)’s Moonriver parachain. Users can freely transfer their PERI and pUSD tokens through the PERI Bridge. This means that all staking users who are in any sort of mainnet can easily transfer their assets to Polkadot on our platform.
Released PERI Finance GitBook Page
The official project documentation page has opened on Gitbook. We have organized project documents, guides, and contract data on this Gitbook.
PERI Finance will keep updating this documentation to provide more accurate information to users.
Community Activities
Referral Program & Retweet Event
This November, PERI Finance has started a referral program to users. If the existing user introduces our project to the new user and submits the form, both new and existing users can get rewards.
We also have opened a daily event to users, and got more than 20,000 new users, likes and retweets!
PERI Finance will continuously open reward events to users, so please keep focused on the next news!
In addition, the referral program will end on 10th December, so please share this event with friends and get rewards!
AMA — CryptoPlayersIndia
PERI Finance participated AMA event with the CryptoPlayersIndia community, the biggest Telegram crypto community in the Indian region. Our co-founder Gareth Bowles answered the PERI Finance project’s introduction, a comparative advantage with other projects, next roadmap with users.
Bottom Line
We estimate that our team will launch the DEX platform at the end of this year. Currently, all our members are dedicating whole resources to develop, test, announce this platform to users, so please stay tuned for additional updates on our communication channels!
