PERI Finance made a major announcement about the launch of staking dApp across Ethereum Mainnet. It will be launched at 13:00hrs on 11th August 2021. PERI holders with an ERC-20 base will be allowed to put their PERI’s at stake through the staking dApp of PERI. The integration comes with an onus where PERI transfers are not mandated for the PERI holders with an ERC-20 base across the Polygon or the BSC network through the bridges. The UniSwap LP or Liquidity Pool providers boasting of ETH/PERI trade pairs will see PERI dollar tokens opening up as part of the liquidity rewards program.
The user-provided liquidity will see further divisions. This is where the liquidity providers of PERI Finance will earn the share percentage of the pool. Ethereum Mainnet dApp will see the LP reward APY showcased starting from 17 August 2021. Ethereum Mainnet users will see the opening up of the first claim reward as of 21 August 2021. This dictates the PERI tokens staked till 20 August by the users on Ethereum Mainnet will be eligible for claiming rewards as of 21 August. Every seven days will see the staking rewards refreshed which specifies how each user needs to opt for periodical claims for their rewards.
PERI dApp features a detailed staking guide for users who do not have prior experience in staking PERI.
Addition of PERI on Metamask – For PERI holders with an ERC-20 base
Setting up their wallet on Ethereum’s Mainnet is a mandate for PERI users who wish to use the staking dApp. The details for the addition of PERI tokens across the Metamask wallet begin with selecting the ‘Add Token’ option featured on the main window of Metamask. The network needs to be set to Ethereum Mainnet while they are at it. The next step features the selection of ‘Custom Tokens’ which specifies adding a contract address of PERI ETH which is listed as “0x5d30ad9c6374bf925d0a75454fa327aacf778492”. Upon listing the same, one needs to click on ‘Next’. The last step asks users to click on the ‘Add Tokens’ option, wherein the PERI token is showcased as an addition to the wallet.
