We are thrilled to announce that the first swap farming campaign is ready to go and will launch today.
Dear Pera Family,
We are forever grateful for your contributions throughout the process. We always welcome your feedback and value your opinion. To stand up to our promise in providing you with the best user experience in the DeFi space, we are working day and night developing the protocol. With the services provided to partner DEXes and projects we are excited to see how influential our tools can be.
So, without further ado, we are excited to announce that we are launching our first Pera Swap Farming campaign with Trader Joe. The first-ever liquidity pools Pera will boost by the Swap Farming tool are hand-picked with Joe to benefit the ecosystem.
Before getting into any more detail, let’s recall what protocols can do with the Pera Swap Farming tool:
- Offer APR to traders proportionate to their contribution.
- Offer cash backs to selected liquidity pools to bring them close to zero-fee pools:
- Mimic zero-fee pools by refunding traders their service fees and allow them to swap to their heart’s content, instantly boosting trading volume.
PERA can integrate the swap farming tool into any liquidity pool, and with its availability to custom order, Joe can implement it however they like to incentivize traders. In proportion to the work performed.
The first liquidity pools to utilize the Pera Swap Farming
Our very first swap farming campaign will last for 14 days, and the campaign will be initiated simultaneously with the launch. To learn more about the details of our first implementation, click here.
Refer to app.pera.finance/swap for the Swap Farming page.
PERA — AVAX
We will reward 44,450 $PERA every day, a total of 622,300 $PERA will be rewarded throughout the campaign.
WAVAX — UST
We will reward 88,900 $PERA every day, a total of 1,245,000 $PERA will be rewarded to traders throughout the campaign.
Users must swap within our dapp in order to earn trading rewards, if you choose to do it on Trader Joe you will not be eligible for rewards.
About Pera Finance
Pera Finance is the first DEX optimizer designed to secure and boost long-term trading volume, improving the capital efficiency for the entire DeFi space. Pera Finance is a service provider offering decentralized trading competitions with customizable parameters and adjustable swap farming tools to manage protocols’ liquidity while improving the user experience. Pera Finance aims to become DeFi’s most sustainable protocol by introducing innovative volume-boosting tools to the DeFi space and improving the user experience.
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