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Latest Crypto Airdrops

Perena Potential Airdrop Guide

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2 mins
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Author

Rickie Sanchez

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Reading time

2 mins
Last update

Perena

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Key Takeaways

  • Perena is a stablecoin infrastructure protocol designed to enhance liquidity and usability within the stablecoin market, particularly on the Solana blockchain.
  • The project’s first product, Numéraire, is a novel automated market maker (AMM) that enables seamless creation and swapping of stablecoins while optimizing liquidity and efficiency across markets. 
  • Perena aims to address the challenges of liquidity fragmentation in the stablecoin market.

Disclaimer: Crypto airdrops are promotional events where tokens are distributed to existing holders of a cryptocurrency or to individuals who meet certain criteria. While airdrops can be a way to acquire tokens at no cost, they also involve risks. There’s no guarantee that the airdropped tokens will increase in value, and there may be associated fees or requirements. Additionally, airdrops can be susceptible to scams and phishing attempts. Always exercise caution and verify the legitimacy of any airdrop opportunity before participating.

What Is Perena?

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Perena is a stablecoin infrastructure protocol designed to enhance liquidity and usability within the stablecoin market, particularly on the Solana blockchain. As stablecoins continue to revolutionize digital payments and become a cornerstone of decentralized finance, the number of new stablecoins continues to rise. This leads to a market fragmented with siloed liquidity pools, capital inefficiency, and a flood of complex user experiences. Perena is here to solve these problems.

Their first product, Numéraire, is an automated market maker (AMM) that enables seamless creation and swapping of stablecoins while optimizing liquidity and efficiency across markets. Its design delivers better execution for traders and enhanced yields for liquidity providers. For stablecoin issuers, it provides densely concentrated liquidity across all supported stablecoins with a single pool creation.

How To Qualify For An Airdrop?

By participating on their platform, users may be eligible for a future airdrop, though this is not guaranteed.

To join:

👉 STEP 1: Head over to https://app.perena.org/.

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👉 STEP 2: Connect your Web3 wallet to the Solana network.

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👉 STEP 3: Enter the referral code STHZHV and click “Accept & Verify ownership.”

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👉 STEP 4: On the Pools page, click on the USD* Seed Pool.

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👉 STEP 5: Deposit some USDC, USDT, or PYUSD tokens.

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Note: When swapping for the USD* LP token, the exchange rate may not be 1:1 upon deposit. However, you can expect a 1:1 exchange rate when making withdrawals (withdrawals can be made at any time).

👉 STEP 6: On the Swap page, provide trading volume by swapping stablecoins around.

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👉 STEP 7: Keep an eye on official announcements and hope for the best!

Final Thoughts

That’s about it for this airdrop guide! For more potential airdrops like this one, visit our Airdrops page, where we cover only the most legit airdrops happening in the crypto space!

Lastly, if there are any potential airdrops you want us to cover, reach out to us on our Telegram channel!

Rickie Sanchez

About the Author

Rickie is a seasoned blockchain and cryptocurrency enthusiast with extensive experience dating back to late 2017. His crypto journey has taken him across the globe, where he has worked with clients from diverse backgrounds. Notable collaborations include ghostwriting for a media startup, contributing to a blockchain blog based in Zurich, managing a weekly newsletter for a client in Japan, and serving as a token review writer for a crypto blog headquartered in the Netherlands. He will not rest until every individual is empowered with the knowledge and insights needed to thrive in the crypto landscape.