$ 0.0008980
Just now
(1.59%)
PERL.eco is an attempt to democratize the biosphere economy through liquidity pools and tokenization of biodiversity and carbon credits to the Decentralized Finance (DeFi).
In contrast to PerlinX which is a platform where users mint synthetic assets by collateralizing PERL and pxUSD, assets on PERL.eco are backed by real-world assets like carbon credits and bioecological-related assets.
PerlinX is a decentralized finance interface platform, allowing users to trade assets of any kind with each other through incentivized liquidity mining and synthetic asset generation.
PerlinX utilizes incentivized liquidity provision through the use of liquidity pools powered by the Balancer protocol. Participants can stake their PERL tokens to provide liquidity and be rewarded for doing so. Rewards for liquidity provision will initially be distributed in PERL, BAL and UMA tokens.
PERL can be used as both a liquidity and collateral asset. You can stake PERL to provide liquidity to the PerlinX platform and receive incentives in PERL and BAL rewards for doing so (UMA rewards coming soon too!). Or you can use PERL as collateral to create synthetic PxAssets.
Try our free PERL.eco (PERL) portfolio tracker if you want to efficiently keep track of your PERL and other coin/token investments.