PERI Finance
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PERI Finance

PERI Burn Guide — Un-staking PERI on Finance dApp

On this article, we will explain you how to burn the staked tokens on PERI Finance dApp. Before you burn the token,

  • You need to stake token on PERI or other assets on the staking dApp
  • You need to have certain amount of MATIC to pay for the gas fee

Unstaking your PERI tokens from the dApp is simple and fast.
With Polygon Network, users can un-stake PERI tokens with high transaction speed, low-gas fee. And here’s steps of burn pUSD to un-stake PERI below:

Steps of Burn pUSD on PERI Staking dApp

Step 1: Visit PERI Finance’s Staking dApp: https://staking.peri.finance/
and connect using the wallet you use.
In this guide, we will explain the burn procedure by Metamask wallet.

Image: PERI Finance Staking dApp First Page (Step 1)

Step 2: Click ‘Burn’ button on the main page.

Image: PERI Finance Staking dApp Main Page (Step 2)

Step 3: ‘Burn’ refers to un-stake tokens by burning minted pUSD.
Choose the token type that you want to un-stake.
(This guide will proceed with Burn only PERI)

Image: PERI Finance Staking dApp Main Page — Burn (Step 3)

Step 4: Fill the amount of pUSD you want to un-stake,
and Click ‘Burn’ to continue.

Image: PERI Finance Staking dApp Main Page — Burn (Step 4)

Step 5: Check the transaction gas fee, and click ‘Confirm’ on the Metamask pop-up as shown below.

Image: Metamask Transaction Pop-up (Step 5)

Step 6: If you see these message on dApp and Metamask alert, your tokens are successfully un-staked.

Image: PERI Finance Staking dApp Alert (Step 6)

Step 7: You can check the ‘Contract Interaction’ transaction history on your Metamask, and this proves that your PERI has successfully un-staked from dApp.

Image: Metamask Transaction History (Step 7)

If you have any issues or concerns about un-staking, please join the PERI Finance telegram group for assistance!
(see links on bottom of this page)

Also, PERI Finance has published Polygon transfer guide to the Ethereum Mainnet. See the guide below for details:

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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PERI Finance

PERI Finance

PERI Finance is a decentralized cross-chain synthetic issuance and derivative exchange protocol that provides unlimited liquidity