Perpetual Protocol (PERP) operates as a decentralized trading platform that runs on Ethereum and xDai. The platform harnesses the automated market maker (AMM) algorithm, enabling traders to engage directly with AMMs without the need for traditional counterparties. AMMs offer reliable pricing and secure on-chain liquidity thanks to their innovative pricing mechanism. These AMMs are engineered to remain impartial and fully collateralized within the market. Holders of PERP tokens can take advantage of staking opportunities, earning rewards in stable cryptocurrencies or PERP tokens from transaction fees. Stay updated on the most recent financial and business developments by visiting COINTURK FINANCE.
