Details

What is PERI

Tokens

1. What is PERI?

Introduction to PERI Finance Tokens

PERI Finance is a type of token that is part of the decentralized finance (DeFi) sector. Here is some basic information about PERI Finance:

  1. Project Background: PERI Finance is a blockchain-based financial platform aimed at providing decentralized financial services.
  2. Functionality: The PERI Finance platform allows users to engage in financial activities such as lending and trading, utilizing blockchain technology to ensure security and transparency.
  3. Technical Foundation: PERI Finance is based on blockchain technology and uses smart futures to realize its financial functions.
  4. Application Scenarios: PERI Finance can be used in various financial scenarios, including but not limited to lending and trading.

Please note that specific details about PERI Finance may change as the project develops. The following sources provide more information about PERI Finance:

  • Binance: https://www.binance.com/en/price/peri-finance
  • CoinMarketCap: https://coinmarketcap.com/en/currencies/peri-finance/

These sources primarily provide price and market capitalization information for PERI Finance, but there are also some basic introductions to its project background and functionality.

2. Who founded PERI?

According to the provided information, the founders of PERI Finance are Bowles Gareth David and Richard Kim. They come from the financial and technological fields, bringing rich experience and contributing to the development of the platform.

3. Which venture capital firms invested in PERI?

The provided information does not directly mention investment details for the token "PERI." The discussion focuses more on the early development and investments in Ethereum, including support from Dovey Wan, CEO of a blockchain lab, for Ethereum, as well as investments in other token projects like Axie Infinity. However, there are no specific investment details regarding "PERI."

4. How does PERI operate?

Operating Principles of PERI Finance Tokens:

  1. Platform Foundation: PERI Finance is a decentralized financial (DeFi) platform based on the Polkadot network, focusing on the issuance of synthetic assets and derivatives trading.

  2. Synthetic Assets: Users can mint synthetic assets called Pynths by collateralizing PERI tokens, which track the value of real-world assets, including currencies, commodities, and tokens.

  3. Liquidity and Interoperability: Utilizing the Polkadot network, PERI Finance provides enhanced liquidity and interoperability across different blockchain ecosystems, which is a significant advantage over platforms limited to a single blockchain.

  4. Decentralization: As a DeFi platform, PERI Finance is not controlled by any central authority or government; transactions are peer-to-peer and anonymous, allowing for higher privacy and security.

  5. Security: PERI Finance uses blockchain technology to ensure the security and anonymity of transactions, making it more secure and private.

  6. Trading and Market Value: Information regarding PERI Finance's market capitalization, trading volume, and circulating supply can be found on token market platforms such as CoinMarketCap.

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