🪙 Binance Labs Invests in Perena - Stablecoin Infrastructure Protocol on Solana $SOL

Perena is a stablecoin platform built on Solana where users can create stablecoins and earn profits from them.

The project aims to create an environment that concentrates the liquidity of Stablecoins, thereby increasing trading efficiency with low slippage.

Perena's first product is Numéraire - a DEX platform specializing in stablecoins (Stableswap):

- For traders: Numéraire offers better rates at low costs thanks to its ability to resist MEV.

- For liquidity providers: Numéraire increases yields thanks to concentrated liquidity.

- For stablecoin issuers: Helps simplify the process of launching new stablecoins.