Dear Community,
Perlin Foundation has purchased 391,612.9342 PERL off the market in accordance with phase 2 of the tokenomics experiment. The TVL in liquidity pools is now $744k USD, with PERL locked for pxUSD increasing from $309k USD to $344k USD in the third week of this experiment.
We have distributed 69,576 PERL and 475 UMA this week, and users are required to claim their BAL reward from https://claim.balancer.finance. The PERL bought back is locked in this wallet. During the buyback and lock, the PERL will only be used to mint synthetic assets to simulate holders’ participating in our activities.
Phase 2 is focused on finding a sustainable balance between rewarding active participants and identifying a healthy rate of growth in platform participant numbers, any feedback is useful in optimising the future tokenomics experiment.
Have questions?
Join us on Telegram or Discord! We would be happy to answer them.
Send us feedback on the tokenomics experiment and on what pxAsset you’d like to trade/mint next!
Useful links
UMA Announces Developer Mining
PerlinX & UMA Synthetic PxAsset Minting
Part 1: Introducing PxUSD & what you can do with it
Part 2: All the Calculations & Values You Need to Know
Part 3: How do I Manage My Position?
PerlinX User Guides:
Providing Liquidity Guide
PerlinX Synthetic Asset Guide
Other PerlinX Links
Start Staking now: https://app.perlinx.finance
Community APR dashboard: bit.ly/PerlinX
Community Calculator tool for all sorts of calculations
Stay tuned for more updates and announcements on our channels:
Twitter | Discord | Telegram Announcements | Telegram Discussion
