PERI Finance will Open Staking dApp on BSC Mainnet

Dear PERI Finance Community

As the time has passed about two weeks from Chainswap hack, still plenty of PERI BSC wallet holders struggle at participating PERI staking dApp. PERI Finance takes this problem seriously, so we have temporarily opened swap program between BEP20 PERI and ERC20 PERI on Polygon.

However this is not the final solution on the BSC Network, our team promptly decide to open another network for staking dApp, which is BSC mainnet.

Following procedures are going to be proceed in two weeks:

• Our team will open staking dApp at BSC testnet on this week and our dev team will conduct several tests to enhance security and to check the any bug exists.
• Once test is completed, we will officially open Staking dApp at BSC main net, allowing the BEP20 PERI holders to stake their PERI at staking dApp to receive the staking rewards. This is scheduled on next week.

PERI Finance team appreciates BSC users’ continuous support, and we are happy to hear your voices to improve our dApp.

Details of Binance Smart Chain

BSC (Binance Smart Chain) is a platform that gives developers the opportunity to build their own dApps using smart contracts; BSC is compatible with the Ethereum Virtual Machine (EVM), and can therefore run dApps over from Ethereum, meaning greatly expanded functionality through interoperability.

Binance Smart Chain runs in parallel with Binance Chain, one of the world’s most popular centralized exchanges, and mirrors the low transaction fees and fast execution times that Binance is well known for. The native token used for transactions on Binance, BNB, is also used on Binance Smart Chain’s decentralized exchange PancakeSwap as the main trading pair asset as well as for liquidity providing and staking functionality.

The BSC ecosystem has grown exponentially in recent months, and PancakeSwap at one point overtook Uniswap in terms of liquidity, now sitting third in terms of trading volume.

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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