Utilizing DEX Liquidity while Mobilizing Users — Meet the PERA Daily Trading Competition

PERA Token aims to bring high yields to its users by combining the methods used by DEXs and CEXs to attract liquidity and volume to their platforms. PERA Token provides the stability of the entire structure while maximizing the revenue of the users with its robust financial structure, which has a hybrid reward mechanism that incentivises both supply and demand side liquidity, for a sustainable farming experience.

A sneak peek of the PERA Daily Trading Competition interface.

Time for exciting details about our trading competition!

PERA Token smart contract determines Top-10 traders with the highest daily volume everyday and rewards them with significant prizes. How our competition works? Simple:

How to join the PERA daily trading competition

• Every on-chain transaction bigger than 100 PERA is added to your total volume and makes you eligible to join the trading competition. At the end of each day, PERA smart contract determines the Top-10 users with the highest daily volume.

How much is the PERA daily trading competition prize?

• PERA Token smart contract applies a 2% fee on every on-chain PERA transaction and 0.5% of that amount is sent to the trading competition daily prize pool.
• On top of that, PERA smart contract mints 19,600 PERA/day into the trading competition prize pool.

How to claim the PERA daily trading competition prizes?

• You can claim your prize right after you win the daily trading competition, using our interface. If you are in the Top-10 , you can view your ranking on the interface, and claim your prize using the button next to your ranking.

How profitable is the daily trading competition?

At PancakeSwap, 25 pools with the highest volume create a minimum daily volume of $10M* each. Considering the fact that traders are not incentivised to trade in any of these pools, $10M PERA daily volume would be still a conservative estimation.

* https://www.coingecko.com/en/exchanges/pancakeswap

With a simple math, we can calculate how much prize will be for the daily trading competition and the prize of each winner.

• Since 0.5% of the fees applied to each transaction is allocated to the trading competition, a daily volume of $10M corresponds to a daily competition prize of $ 50,000, that is only from the transaction fees.
• If we assume the PERA Token price as $1, a reward of $19,600 is minted by the smart contract and also added to the daily prize pool. In total we have,

PERA Daily Trading Competition Prize= $50,000 + $19,600

= $69.600

Reward share per rank will be as follows:

Compared to the rewards of high volume CEXs like Binance, PERA daily trading competition rewards remain significantly high, more than x10 of the prize offered by CEXs. Think you can’t make it into the Top-10? Don’t worry! PERA token financial structure rewards not only Top-10 traders, but all users with holder rewards. During the time you hold PERA Token, you will continue to receive 0.75% of each PERA transaction as PERA holder rewards.

* Trading competition mean daily prize for each CEX is calculated as the mean of 15 different trading competitions held by these CEXs.

Is that all? Of course not! As Pera Finance integrates its trading solutions with strategic partnerships, we will keep on rewarding our traders with partner projects’ tokens and NFTs.

Stay tuned for more exciting news!

Website: https://pera.finance/

Twitter: https://twitter.com/perafinance