STAKING PERI

Search…
STAKING PERI
Staking: Open a Position
PERI  stakers can lock their PERI COIN into the Peri Finance protocol Staking Dapp and take on a debt position in the shared pool of the combined USD value of all Pynths . After Successful staking, they  issued pUSD that represents their current debt position in USD. 
As the prices of underlying pynths fluctuate with oracle updates, the size of the debt pool fluctuates too, It means that staker's debt independent from the amount of pUSD that was issued.
To consider the risk stakers take on by being exposed to a shared debt pool, they are rewarded each week in the form of pUSD trading fees and PERI inflationary rewards .
Issuance API
Contract 
Destination contract (address): ProxyERC20
Target contract (ABI): PeriFinance
Note: PeriFinance uses a proxy system. The ABI of the underlying PeriFinance ProxyERC20 contract you need is PeriFinance.
Methods
issuePynths(uint256 amount) 
issuePynthsOnBehalf(address user, uint256) 
issueMaxPynths()
issueMaxPynthsOnBehalf(address user)
Events Emitted
On a successful transaction, the following events occur:
name
emitted on
address from
address to
uint value
Transfer
ProxypUSD
0x0
msg.sender (or user)
amount of sUSD
name
emitted on
address account
uint value
Issued
ProxypUSD
msg.sender (or user)
amount
name
emitted on
address account
uint debtRatio
uint debtEntryIndex
uint feePeriodStartingDebtIndex
IssuanceDebtRatioEntry
FeePool
msg.sender (or user)
debtRatio
debtEntryIndex
feePeriodStartingDebtIndex
​
UNSTAKING PERI
Unstaking: Closing a Position
In order to close their position, PERI stakers need to burn enough pUSD to cover their debt position 
Burning API
Contract
Destination contract (address): ProxyERC20
Target contract (ABI): PeriFinance
Note: PeriFinance uses a proxy system. The ABI of the underlying PeriFinance ProxyERC20 contract you need is PeriFinance. Learn more about how proxies work by visiting the overview page.
Methods
burnPynths(uint256 amount)
burnPynthsOnBehalf(address user, uint256 amount)
burnPynthsToTarget()
burnPynthsToTargetOnBehalf(address user)
Events Emitted
On a successful transaction, the following events occur:
name
emitted on
address from
address to
uint value
Transfer
ProxypUSD
msg.sender (or user)
0x0
amount of pUSD
name
emitted on
address account
uint value
Burned
ProxypUSD
msg.sender (or user)
amount
name
emitted on
address account
uint debtRatio
uint debtEntryIndex
uint feePeriodStartingDebtIndex
IssuanceDebtRatioEntry
FeePool
msg.sender (or user)
debtRatio
debtEntryIndex
feePeriodStartingDebtIndex
Claiming Rewards
PERI stakers (aka minters, aka issuers) get staking rewards each week, in the form of pUSD  trading fees and PERI  inflationary rewards.
API
Contract
Destination contract (address): ProxyFeePool
Underlying contract (ABI): FeePool
Methods
claimFees()
claimOnBehalf(address user)
Events Emitted
On a successful transaction, the following events occur:
name
emitted on
address from
address to
uint value
Transfer
ProxypUSD
FEE_ADDRESS
to 0x0
amount of pUSD
name
emitted on
address account
uint value
Burned
ProxypUSD
FEE_ADDRESS
amount
name
emitted on
address from
address to
uint value
Transfer
ProxypUSD
0x0
msg.sender (or user)
amount of pUSD
name
emitted on
address account
uint value
Issued
ProxypUSD
msg.sender (or user)
amount of pUSD
name
emitted on
address beneficiary
uint time
uint value
VestingEntryCreated
RewardEscrow
msg.sender
(or user)
now
amount of PERI rewards
name
emitted on
address account
uint sUSDAmount
uint snxRewards
FeesClaimed
ProxyFeePool
msg.sender (or user)
pUSDAmount
periRewards
PERI FINANCE STAKING
Next - Development Resources
Smart Contract Architecture
Last modified 3mo ago
Export as PDF
Copy link
Contents
Staking: Open a Position
Issuance API
Contract
UNSTAKING PERI
Unstaking: Closing a Position
Burning API
Claiming Rewards
API