PERI Finance (PERI)

PERI Finance (PERI) is a decentralized cross-chain synthetic issuance and derivative exchange protocol operating on the Polkadot network. This protocol offers the opportunity to access a wide range of traditional financial and crypto assets through leveraged and non-leveraged synthetic products. PERI Finance aims to provide users with lower gas fees, fast transactions, and enhanced security against front-running and flash loans.

PERI Finance consists of several components, including the PERI Liquidity Pool, which is created through staking PERI and minting pUSD, acting as a liquidity provider. Additionally, the PERI.Exchange is a Pynths derivative DEX that allows users to convert Pynths with infinite liquidity and no slippage while also offering up to 20x leverage for long or short positions on Pynths. PERI token holders also have governance rights and can participate in community discussions through the PERI Improvement Proposals (PIP) system.

Furthermore, PERI Finance is set to introduce Pynths? NFT-linked synthetic assets aim to revolutionize the NFT market by providing artists and investors with greater monetization opportunities. With its unique offerings in the Pynths? NFT ecosystem, PERI Finance aims to contribute to the growth and development of this market. Many platforms, projects, and interfaces are already utilizing the derivatives liquidity enabled by PERI Finance’s Pynths.