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NOW LIVE: PerlinX V.2 is the 1st implementation of #UMAprotocol for minting synth assets! Earn DOUBLE rewards for minting & staking $PxUSD

We’ve also raised the rewards pool to 1.2M $PERL/week.

Learn more here bit.ly/PXv2Launch
Start Staking now @ app.perlinx.finance
We’ll be posting a series of articles on PerlinX V.2 and synth PxAsset minting.

So what exactly is $pxUSD, how does it work and what can you do with it?

See Part 1 of our series here: https://bit.ly/pxAsset1

#UMAprotocol #synthetics #DeFi #staking #crypto

Start Staking now @ app.perlinx.finance
Forwarded from Crypto Daku
Time for Next AMA: We have AMA with PerlinX team

https://perlinx.finance/

PerlinX aims to democratize the trading of real-world assets through decentralized liquidity pools and synthetic asset generation

Reward: as usual :) we always have rewards :)
Countdown: http://bit.ly/PERLXAMA
Venue: https://www.tg-me.com/cryptodakurobinhooders
Inspired by the community, we’ve built a new and improved dashboard for PerlinX.
Check it out at dashboard.perlinx.finance today!
Snapshot for the increased weekly reward of 1.2M $PERL for ERA 12 has been taken on 29th Sep and rewards including $BAL have been distributed!

Claim them before 6th of Oct!

Start minting pxUSD and farm them now @ app.perlinx.finance
Check out our new APY dashboard: dashboard.perlinx.finance
❗️ IMPORTANT UPDATE
To improve user experience, we'll be upgrading our rewards contract soon.
Before the new reward contract is deployed, snapshots will be taken hourly and rewards airdropped weekly.
Unlock your BPT before 9 Oct after the next snapshot!
Read more: bit.ly/pxRewardUpdate
Harvest your crops!
1.2 MM $PERL for ERA 13 and $BAL has been distributed moments ago.

❗️You MUST now unlock your Liquidity Pool Token (BPT) before 9 OCT and stay staked to be included in the new rewards mechanism as we will be updating our rewards contract soon.

Read more: http://bit.ly/pxRewardUpdate
Claimed your rewards yet?
Don’t worry about having to claim your rewards anymore after this update!
Unlock your LP Tokens (BPT) without removing liquidity from the pool before 9 Oct and you will be eligible in the new rewards mechanism.

Read more: http://bit.ly/pxRewardUpdate
24 hours left to unlock your LP Tokens to be included in the new rewards mechanism.
The hourly snapshot will start at 00:00 UTC on 9 Oct, 24 hours from now!
You MUST unlock your LP Tokens TODAY
No further action is required

Read more: http://bit.ly/pxRewardUpdate
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VIEW IN TELEGRAM
We'll be updating our rewards smart contract soon.
If you haven't unlock your LP Tokens, please do so ASAP to be included in the reward mechanism snapshot.
First hourly snapshot will be taken at Oct 9, 00:00 UTC, which is 12 hours from now.

Read more: bit.ly/pxRewardUpdate
The hourly snapshot for staking rewards has started on 9 Oct 00:00 UTC
If you haven’t unlock your LP Tokens, please do so ASAP!

9 days worth of rewards (1,542,857 $PERL) will be airdropped on 15 Oct based on the hourly snapshots during this period.

Read more: https://bit.ly/pxRewardUpdate
Check out the new community-made PerlinX calculator!
What do all these numbers mean and how are they derived?
See Part 2 of the series here: https://bit.ly/pxAsset2

#UMAprotocol #synthetics #DeFi #staking #crypto

Start Staking now @ app.perlinx.finance
APY dashboard: dashboard.perlinx.finance
#DeFi has been a crazy ride the past 7 weeks.
Since launch, PerlinX users have earned over 7.7 Million $PERL!
To ensure long-term sustainability, we’re updating the Rewards Structure.

Read more here: https://bit.ly/pxrstruc
$PERL $UMA $BAL #Staking
PerlinX v2.2 has just been released with new features!
Mint extra $pxUSD with your existing excess collateral now!
Read more: bit.ly/pxAsset3

Start #staking now @ app.perlinx.finance
Community APY Dashboard: bit.ly/PerlinX
#UMAprotocol $PERL $UMA $BAL
Don’t miss out on continuous rewards from the $pxUSD pool!
As pxUSD-OCT2020 is expiring soon, rollover to the next pxUSD pool that’d be effective for 5 months!
Read more about the rollover here: https://bit.ly/pxUSDOct20Mar21

Rollover now @ app.perlinx.finance
APY dashboard: dashboard.perlinx.finance
Reminders to pxUSD minters/token sponsors:
pxUSD
-OCT2020 is expiring soon, please rollover to the new pxUSD-MAR2021 pool to receive continuous rewards!

If you have minted pxUSD in the March contract, please make sure your Collateralization Ratio is > 2 to be safe.
We noticed that there are a few positions that has a very low CR that is close to the liquidation ratio and is at risk to liquidation. If your position is liquidated, you will lose all your collateral and incur a 20% liquidation penalty.
You may add collateral to the position or repay some pxUSD to raise your CR.
2025/07/14 02:45:18
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