Planetary Ecosystem Registration Ledger (PERL) Partners With ICHI Farm

Published on: 13.08.2021

Platform that is focus on tokenizing carbon credits, biodiversity and NFT’s, PERL.eco thrilled to announce their partnership with ICHI Farm, a protocol that created the world’s first Decentralized Monetary Authority (DMA).

ICHI Farm will launch the governance token of PERL.eco, $onePERL. This will allow users to earn $ICHI token by staking $onePERL. PERL.eco and ICHI are running a special 8 week liquidity rewards program for users depositing onePERL starting around 22:00 UTC+8 on August 14, 2021. The rewards will be 0.1 ICHI per block to $onePERL depositors in weeks 1–4 and 0.05 ICHI per block in weeks 5–8.

“The market is unpredictable and onePERL can protect against these volatilities, but you can also use it as a governance token across our ecosystem and earn rewards. Most importantly, we’re staying true to our mission. We will be offsetting any emissions that come out of minting onePERL. Earning money and keeping crypto sustainable can co-exist.”—Dorjee Sun, co-founder of PERL.eco

In keeping with PERL.eco’s mission to democratize ecological assets and protect the environment, PERL.eco team pledge to offset all of the carbon emissions arising from the minting of onePERL throughout the launch.

“Our mission is to give any crypto community complete freedom over how to spend, invest, save and otherwise use their money. We’re thrilled to partner with PERL.eco to release the onePERL token and support its mission to offset greenhouse gas emissions.—Bryan Gross, ICHI Steward

mint $onePERL on ICHI by providing part $PERL and part $USDC. You will pay exactly $1 of value for each $onePERL. The initial Minting Ratio is 80% $USDC, 20% $PERL.

ABOUT PERL.eco
PERL.eco focuses on tokenization and achieving broader adoption of ecological-related assets like tokenized carbon assets, genomic biodiversity and more.

ABOUT ICHI Farm
ICHI is a self-sustaining, community governed platform that enables any third party cryptocurrency community to create and govern their own in-house, non-custodial oneToken (a stablecoin valued at $1) with a Decentralized Monetary Authority (DMA).

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