🌷 What is Perena? A stablecoin platform funded by Binance Labs
🔥 Perena is a pioneering platform building infrastructure for the future of digital currency. The project focuses on addressing challenges in the stablecoin market, which is valued at over $170 billion. The protocol aims to tackle issues such as fragmented markets, inefficient liquidity, and complex user experiences.
🎊 Perena's first product – Numéraire – is a unique automated market maker (AMM) tool. The platform allows for easy creation and swapping of stablecoins. Numéraire is built on the high-performance blockchain of Solana. The platform provides fast processing speeds and low costs for all buy and sell orders. The ecosystem offers superior returns for liquidity providers and a better trading experience for users.
🎯 With a team rich in experience from the Solana Foundation and Jump Trading, Perena is committed to making stablecoins more accessible. With high liquidity, the project promises to bring new practical values to the entire DeFi ecosystem.
♉️ On December 11th, Perena was funded by Binance Labs in a pre-seed round. This investment helps the project expand its team, develop a global community, and build a comprehensive stablecoin product suite. This will promote the popularity of stablecoins on Solana.
🎀 Perena's incentive program rewards traders who contribute to the development of the protocol. When executing orders, investors will receive “petals” and exchange them for benefits.