We are pleased to announce our next AMA on May 7th 2021 at 11:00 AM UTC Time: Satoshi Club x PERI Finance
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join PERI Finance Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. PERI Finance Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about PERI Finance
For more details:
PERI Finance Website – pynths.com
PERI Finance Telegram – @peri_global
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
There are many projects that have launched this year offering similar concepts that may confuse investors. In a few words, how would you explain to investors that PERI finance is different and the smarter choice?
What are some of your partner blockchain projects? Any plans to maybe do a partnership with synthetics SNX?
will you have a para chain lease offering for Polkadot that the community could participate?
You have arranged triple IDO/IEO on DuckDAO, Gate.io and Kickpad on 10th of May, which will run simultaneously at 2pm on all the platforms. Apart from gate.io where you have published a detailed procedure to participate in the exchange offering, the procedure of joining the two other offerings are not elaborated in your medium. Can you explain how these IDOs will be done and how the entire process is designed to be transparent? How many tokens are you planning to sell? At what price will you sell them and what is the financial target that you have set? Will you have cap limit for buyers and will it be possible for one address to join all the offerings?
You have said that the most important product of Peri finance is the Synthetic Asset which you nicknamed “Pynths” and it is going to be a powerful tool for accessing all kinds of assets. I can see various sub-products of Pynths such as pUSD, pEUR, pHANGSEG and so on. How is Pynth minted and how is its price modulation designed to reflect the actual price of the underlying asset? How will your protocol ensure adequate supply of liquidity for derivative products and promote the inter-trading of Pynths and other synthetic assets seamlessly without limitation or slippage?
PERI finance is a cross-chain synthetic issuance and derivative exchange protocol that provide the opportunity to trade a wide range of crypto or traditional assets. You have said that the basic procedure in which this is done is classified into 4 steps which are: Assess, Market, Mint and Royalty. Can you provide some details on what each step entails? What is the importance of each function and how are they expected to be executed?
Hi PERI!
PERI.Exchange enables users to convert one Pynth to another with infinite liquidity and no slippage. How do you manage to provide infinite liquidity? Is it all internal to the PERI exchange or are you integrating external exchanges like UNI etc?
Hi PERI!
I noticed UNI mentioned among the platforms using derivatives liquidity enabled by PYNTH. Will PERI support the new V3 UNI version? Does V3 require major adjustments on your part? Thank you!
Hi PERI!
PERI is using virtual AMM, could you please tell us more about it? Why do you call it virtual, does it have any specific functionality that makes it different from the traditional AMMs used by other exchanges? Thank you!
On your website it is stated that Many platforms, projects and interfaces are already using the derivatives liquidity enabled by PYNTHS… I could not find more details about this platform, projects and interfaces, so can you give us example of what platforms, projects and interfaces are already using the derivative liquidity enabled by PYNTHS and what they use it for.. and what other forms or ways do you think PYNTHS will be beneficial to other projects or platforms..
Pynth, stands for Peri Synthetic asset, which follows the price of an underlying asset an example is the pUSD.. It is said that Pynths will show its uniqueness in the Pynths’ NFT ecosystem and that Pynths’ NFT-linked synthetic assets will be a game changer for the massive NFTs market… this is the first time I am coming across the idea of NFT-linked synthetic assets, so how will artists or users be able to mint and use NFT-linked synthetic assets, and what will be the unique features or functionalities of your NFT ecosystem that will make it a game changer in the growing NFTs market
PERI Finance, is said to be designed to provide unlimited liquidity and allows users to cost-effectively create, trade and manage synthetic assets… so how does PERI finance provide unlimited liquidity, and how can users create, trade and manage synthetic assets on your platform, what do they need to have, and is there any requirement for users to be able to create, trade and manage synthetic assets on PERI Finance?
One Block, PrivCode Capital, Blue block, moonwhale and many more are the list of Pynths partners. One Block has backed many groundbreaking crypto projects over the years such as Chainlink, Reef Finance, Solana, Fantom, and now PERI Finance! This is amazing. what are the things that most attracted this investors? Tell us plans to attract new ones and how to maintain these investors. Thanks.
readI from your article That Pynths’ NFT-linked synthetic assets will be a game changer for the massive NFTs market and Pynths will show its uniqueness in the Pynths’ NFT ecosystem.what feature on your platform will show Pynths NFT uniqueness or what are you doing differently to be a game changer for the massive NFTs market? Other than Polkadot do you intend to build on chains like BSC or Ethereum L2 protocols, Do you envisions to be a multi-chain decentralized exchange ecosystem for NFTs, so that Users who own NFT or FT in any chain can swap to get FT or NFT in any chain?
you recently tweeted on PERI Finance’s process in four(4) easy steps which include Access, market, mint and royalty will be coming soon. please explain the steps in this process. Thanks.
Your product PERI.Exchange allows the users to convert one Pynth to another with “infinite liquidity” but what can be the limitations of this feature? Can the users set their own limits on leverage options and for providing liquidity?
The Pynth is a basic concept on your platform, from what I could read it means Peri Synthetic asset and follows the price of an underlying asset, the pUSD is the basic Pynth you have proposed, but will more be created in the future? How do you guarantee the stability of your Pynths?
Peri Finance is having a white list IDO competition on Kickpad, what are the requirements to participate in this competition, what is it about and how long is it going to last?
What is the PIP system used in Peri Finace and how does it helps the communication between the project and the community? Does it have a role giving governance power?
You have completed the seed funding round. LD Capital, the most reputable investment firm in Asia invested on Peri Finance. Also another partnership with One Block Capital, Asia’s most prominent blockchain VCs. What kind of vesting model are you using a slow unlocking or fast unlocking? Could you please share the benefits of these partnerships and about when your vesting period ends?
There are rapid growth of Polkadot and as PERI Finance is a synthetic issuance and derivative exchange protocol that provides unlimited liquidity on Polkadot network, do you think the Polkadot ecosystem can surpass the Ethereum ecosystem soon? What are your thoughts about the defi market for the long term? What is your vision for selecting Polkadot ecosystem to consolidate traditional financial ecosystem with the blockchain technology?
As I see you have two IDO coming on KickPad and DuckStarter what are the details of those offerings? Also in DuckStarter the IDO is with ETH but in KickPad it is with BNB. Are those same tokens and do we need to hold any launchpad platform tokens for participating?
I was reading on your website and I find the PeriDao interesting because you have created a PIP system (PERI improvement proposals) to listen to the opinions of the community. I am intrigued to know how this system works, by the way this system designed by you? What problems does this system solve in the governance of the project?
* Trust and security is very important in any business , what makes investors , customer and users safe secure when working with your project?????
What is the price and fees for using your technology about freelance???
How has the experience and background of your team been effective in the success of your project so far and how do you aim to revolutionize the field of blockchain and NFT???
What are the security measures you adopt to ensure that Your project is reliable and secure???
“” Are you a global and completely Decentralized project? How can we sure that there is no chance of Centralization in future???
” Could you tell us more about your team and their backgrounds? many projects launch with inexperienced team members and fail to get any real traction later on.??
You offer a way to make profits by exchanging Pynths, I saw on your whitepaper different scenarios when the PERI’s price rises or falls, can you explain to us easily this method to earn extra assets safely?
PERI will implement two types of rewards and incentives, the first one is the PERI inflatonary suppy policy and the second one is the PERI Assets’ revenue, can you highlight the most important points of these revenues model and which one benefits the most to the holders?
Hello Peri Finance team, what are your goals and futures in the financial sense? For the future, can this incredible project move forward and become one of the best decentralized synthetic exchange protocols? Are you studying more projects to integrate them?
To give the community an opportunity to participate in the development of PERI Finance, you created PERIDAO. Can you tell us how works PERIDAO? Can you explain briefly how is the process to submit a proposal and who is eligible to vote?
On your website you describe the Pynths NFTs as a game changer for the massive NFTs market. Since NFTs are rapidly evolving and we see new ones being created each day, what are you contributing with your own NFTs? Can you tell us how work the Pynths NFTs? What are some of the utilities or features that make them a game changer?
Since you can easily and conveniently move assets from Pynths, is it safe? How much security can the user have, when making an exchange in this exchange of Financial Assets, what does Oracle mean? Is it a project based on Peri Finance? Is Pynth price constantly changing? as provided by Oracle
Are the rewards for inflation sufficient for the User to be motivated to continue using the Peri exchange house? Who will cover the expenses that will be generated by buying the PERI to help raise their price? The burning of PERI tokens helps their price rise, will the burning be for short or long periods of time?
What are the key and most important aspects that PERI Finance has in its ecosystem and for which any user would decide to join the project?
I read that in the PERI Pool when betting $PERI you can mint Pynth called pUSD, these pUSD are interchangeable in some Exchange either CEX or DEX, you can mint Pynth but called pEUR, pCNY, among others?
Regarding the system you have created called: PIP (PERI improvement proposals), what is the purpose for which this system has been created, who are the main stakeholders and beneficiaries in the creation of this system and do you plan to create more systems in the future, all for the proper functioning of the project?
As stated, PERI holders will receive three different rewards by staking PERI or USDC and minting Pynths. These rewards include; the PERI inflationary supply policy, the distribution of PERI.Assets’ revenue and the distribution commission incurred in Pynth transaction and leveraged Pynths contract trading. Can you carefully explain how these rewards model work and what are their underlining benefits?
From a financial stand point we’re do you see peri going and from your opinion on the project we’re do you see it going.
What makes your guys decentralized exchange different and better the the others decentralized exchanges.
For staking peri token will we get exchange discount on fees.
You have a PIP system (PERI Improvement Proposals). What is it, who is it focused on and how can the community participate in it?
As stated in the PERI whitepaper, the value of all synthetic assets in PERI Exchange will use Oracle, which receives and processes quotes from well-trusted institutions in the current traditional financial market, and then uses various Oracle partners. Apart from Chainlink, can you mention other oracle partners as well as the trado-financial institutions that PERI Exchange will work with and receive these valuable quotes from, and what will be the role of PERI.DAO in this critical decision making process?
Users are given the opportunity to stake Peri and Pusd on your platform,nowadays we have platform that don’t give users access to stake unless the provide liquidity on their platform. Do we need to provide liquidity of the token before we can stake them on your platform. When do you plan to introduce more token to be staked on your platform, how juicy are your APY also?
According to your platform, the only leverage that is being mentioned is 20x and basically it seems risky for traders without much margin. Are there more leverage in your platform, what is the least and the highest leverage someone can use when trading on your platform.
You have four processes namely Assets, markets, mint, and royalty. What do these stages consist of, can you briefly explain how all these stages are connected. What are the royalty given on your platform and how can someone get some royalty.
Peri Exchange enable users to convert one Pynth to another with infinite liquidity and no slippage. Taking long or short positions on Pynths upto 20x leverage could maximize trading volume. Do your DEX supports us convert pynth to other token, how do plan to reduce the newly implemented fees that are deducted from people margin when the long of short positions.
You have something you called PERI improvement proposals (PIP) on your platform, which is a form of complaints section on your platform. Is this thing called PIP the same as governance on other platforms, if there is a difference what are they? Do we need to acquire some token before we can drop some suggestions for your platform.
What are the NFt synthetic assets your platform supports, why are you based mainly on synthetic assets. Is there difference between a normal assets and synthetic assets.
In your website, I found out that Peri Finance was just started it’s platform early this year thus you made almost 20 partnerships in a short span of time. So ,can you tell us how did your platform achieved to collaborate those platforms? Since you already have a lot of partnership in your platform,what is the valuable and substantial impacts that it brings to entire Pero Finance network? Generally,are those partnership you have will be consider a long-term partner with your platform? How does Peri Finance manage to maintain a good camaraderie with them? Thank you
Peri Finance have created a PIP system (PERI Improvement Proposals) to hear community opinions. So can you give us more details about PIP? How can the community share their proposals and opinions through PIP? How does PIP evaluate and validate the opinions and proposals from community? How does result of the proposalas be informed to the community? Thank you
What is PYNTHS and what are its advantages for investors? What are the advantages and rewards of staking PERI in PERI Pool? Are there problems in the pool caused by lack of liquidity or resources?
What is your long-term vision for the sector you are working on? How do you develop so that another project won’t take your place one day?
What kind of road map will you follow in 2021? What steps will you take to develop? Also, what sets you apart from other projects?
Moon Whale Announces its Strategic Investment For PERI Finance! Moon Whale Ventures is a leading VC which spans throughout South East Asia. What opportunities and prospects open up for PERI Finance thanks to this partnership? What has already been implemented and what plans will Moon Whale Ventures help implement in the future?
Hi PERI!
Under whose jurisdiction do you operate?
PERI.Exchange is a DEX offering synthetic assets using virtual automated market makers (vAMMs). Users will be able to use the vAMM for taking short or long positions of Pynths with up to 20x leverage. PERI Finance replaces LPs with stakeholders by means of smart contracts, encouraging PERI holders to lock up PERI and in return mint pUSD. The smart contract will generate pUSD for the debtor until capped by the optimal collateral rate of 400%.
Can you tell us more about this and why exactly 400%?
I read that you will have NFT synthetic assets on 09/2021.Actually this is the 1st time I hear about a NFT become synthetic asset, can you explain how it will be like and how does it work? what function do they have, it is have similar function like normal NFT?
After read about your project, I see that PERIplatform already implement in Polkadot chain. But I’m curious why your staking system from dApp will be launched on ETH testnet also ETH mainnet. Could you explain why PERI staking dApp is using different chain ETH, than your platform which on Polkadot?
As I know partnership is really important because it can make your project growing fast. PERI Finance already announced doing agreement with Oneblockcapital and Moonwhale project. could you introduce to us what project are them, and what are the benefit the partnership for both of you? do you have plan to add other partner for now?
I read that PERI exchange is a derivative DEX without an order book, could you explain why you dont use order book? And what tools do your DEX have to help new user, what makes your DEX different that other DEX project?
I’m not a big professional, so I’m not quite sure what that sentence means? —
The profit only goes in proportion to those who maintain C-Ratio above 400% during
rewards claiming period with PERI (50%) and BTC/ETH (50%).–
What do I must do or should have 400% more to get extra income?
I have filled out the Gleam form for the IDO competition whitelist and noticed that it required a BSC address. The PERI is ERC-20 ?
If I win, how will I pay? Through ETH or BSC?
PERI Finance based on Polkadot plans to pioneer the global Defi market and has been preparing for a long time to combine the traditional financial ecosystem with the blockchain. What financial innovations can we see from Peri FInance that you will be able to achieve it and why your platform has chosen Polkadot?
Honestly, I’ve read your White Paper five times, but I can’t understand much of it. For example, this sentence.
It creates profits by finding risk-free
arbitrage in the traditional market finance market and the crypto market–
The way I see it, arbitrage is to buy cheaper on one exchange and sell more expensive on another.
Question: How can I arbitrage at one exchange Peri?
Within the past couple of months several networks and company’s like yours have created there own systems. In simple terms how would you say that peri finances staking,trading pools along with Nft proposals stands apart from the others in terms of returns and how it’s a more benefiting protocol to investors.
What would you say is the most beneficial aspect of your defi chain to new investors who don’t know how to work such protocol?
You can access implementation previews for every code change and seamless integration with GitHub and GitLab What are GitHub and Gitlab? Is this important?