@perifinance/peri-finance
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The smart contracts which make up the Peri Finance system. (pynths.com)
PERI Finance is a crpyto-backed synthetic asset platform forking from Synthetix.
It is powered by USDC Stablecoin and PERI, the Peri Protocol Token. PERI and USDC holders can stake them into PERI Liquidity Pool to issue Pynth called pUSD.
Users will be able to converting one Pynth to another without worrying about how deep the liquidity nor slippage. Users will also be able to be benefited by taking short or long positions of Pynths with 20x leverage.
Prices will be committed on chain by a trusted oracle. Moving to a decentralised oracle will be phased in with the first phase completed for all forex prices using Chainlink.
PERI tokens are also used for governance. We have created a PIP (PERI Improvement Proposals) system to collect community opinions.
Artists and investors are both greatly rewarded and monetized by minting Peri token.
PERI Finance will be a decentralized cross-chain synthetic issuance and derivative exchange protocol that provides unlimited liquidity on Polkadot network. It gives the opportunity to accessing a wide range of traditional financial and crypto assets in the forms of both leveraged and unleveraged synthetic products without high GAS fee, slow transaction speed and vulnerability to front-running or flash loan.
For further information see our latest whitepaper.
FAQs
The smart contracts which make up the Peri Finance system. (pynths.com)
The npm package @perifinance/peri-finance receives a total of 6 weekly downloads. As such, @perifinance/peri-finance popularity was classified as not popular.
We found that @perifinance/peri-finance demonstrated a healthy version release cadence and project activity because the last version was released less than a year ago. It has 0 open source maintainers collaborating on the project.
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