PERI Finance Launched Staking dApp on Ethereum Mainnet

PERI Finance has announced that PERI Finance staking dApp will be officially launched on Ethereum Mainnet on 11th August 2021 at 13:00 UTC. PERI staking dApp is now allowing the ERC-20 based PERI holders to stake their PERI. Through this integration, the ERC-20 Based PERI holders do not have to transfer their PERI to Polygon or BSC network using their bridges.

They will open the liquidity rewards program for $PERI token for UniSwap LP(Liquidity Pool) providers with ETH/PERI trade pair. PERI Finance liquidity providers will earn a percentage share of the pool that users’ provided liquidity. (Note —LP reward APY on Ehtereum Mainnet dApp will display from the 17th Aug 2021)

The first claim reward for Ethereum Mainnet users will open on 21st August 2021, 00:00 UTC.

This means that users who have staked PERI tokens on Ethereum Mainnet until 20th August can claim rewards from 21st August. The period of staking rewards will refresh on every 7 days, so users should claim their rewards periodically.

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. They empower users with the lower GAS fee, speedy transaction, and ample security from front-running or flash loan.

🔽 INFO:

https://medium.com/perifinance/launched-staking-dapp-on-ethereum-mainnet-peri-finance-dc3deb350043