PERI Finance $PERI

PERI Finance is a robust and innovative decentralized cross-chain synthetic issuance and derivative exchange protocol. It is designed to provide unlimited liquidity on the Polkadot network, allowing users to access traditional financial products and crypto assets with remarkable ease. PERI Finance addresses prevalent issues encountered by Defi-projects on the Ethereum network, such as high GAS fees, slow transaction speeds, and the potential for various attacks like front running and flash loans. It accomplishes this through utilization of Layer2 with the Optimistic Virtual Machine (OVM).

Key Features of PERI Finance

PERI Finance offers users the unique opportunity to access a diverse range of traditional financial and crypto assets. These are available in the form of both unleveraged and leveraged synthetic products, eliminating the need for complicated procedures and processes typically required to invest in traditional financial market assets.

Staking PERI and Minting pUSD

With PERI Finance, users can simply stake PERI and mint pUSD, allowing them to freely convert one asset to another or open long or short positions of leveraged contracts underlying various assets without any restrictions.

Pynth: PERI Synthetic Asset

Pynth, an acronym for PERI Synthetic asset, is a type of synthetic asset whose price tracks the price of the underlying asset. The Pynths currently provided by the PERI Exchange encompasses Forex, Crypto Currency, and Commodity.