PAID is proud to announce its partnership with Pera Finance, a revolutionary trading and yield farming protocol that combines transaction fee-based and emission-based yield farming methods with a fully decentralized trading competition, to create a versatile and sustainable DeFi platform.
Pera Finance and PAID will form a tech-based partnership allowing Pera to explore and utilize the PAID DApp to enhance and develop business agreements and relationship processes. PAID will also work closely with Pera Finance on future IDO launches on Ignition to assess how Pera’s technology could be incorporated into 3rd party DApps and projects that are included on our launchpad.
Eren Yecan, Pera Finance Co-founder, said:
“Since they are launching new projects and that needs constant market appeal, they would work with us as partners to endorse us to their own projects to use the decentralized trading competitions for their tokens. The other projects can conceptualize it as an opening marketing prop like trading comps on CEXes, use it for a dex volume boost for their liquidity providers, or use it as a farming tool just like we do with the PERA token itself.
We can also integrate customized trading competitions for tokens launched on Ignition as well to boost their daily trading volume. That’s more or less the framework for all the launchpads we have as other partners.”
The DeFi space is constantly evolving with more and more interesting projects emerging that not only provide solutions to existing problems but also create new incentives that empower additional revenue streams. Pera Finance’s unique protocol will enhance the concept of yield farming by streamlining a hybrid farming mechanism that benefits both traders and liquidity providers with daily emission rewards. Having the opportunity to team up with Pera will give PAID Network and it’s future IDO partners valuable opportunities to benefit from and share such new groundbreaking DeFi technologies.
Kyle Chasse, CEO of PAID Network, had the following to say:
“At PAID we are always looking for ways for our community to grow and #GETPAID, whether they be our partners or part of our loyal PAID community, and we are very excited to partner up with Pera Finance to benefit the ecosystems of both Master Ventures and PAID Network and also the future projects we include on PAID’s IDO Ignition platform. Pera Finance’s fee-based and emission-based yield farming technologies will allow us to further enhance new and existing projects that we work to create a more sustainable and powerful DeFi space.”
About Pera Finance
Pera Finance is a platform where traders, liquidity providers, holders, and stakers can yield farm together. With DeFi’s first decentralized trading competition, Pera Finance aims to be DeFi’s most sustainable and profitable yield farming protocol.
Pera Finance is a new type of trading and yield farming protocol, designed to secure long term trading volume and liquidity utilization for the whole DeFi ecosystem. Pera Finance offers decentralized and customizable trading competitions to DeFi space and include traders to the yield farming space for the first time, what we call DeFi 2.0!
About PAID Network
PAID Network seeks to redefine the current business contract, litigation, and settlement process by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID. Leveraging Plasm to operate on both Ethereum and Polkadot ecosystems, SMART Agreements built through smart contracts execute DeFi transactions and business agreements seamlessly, making business exponentially more efficient.
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