onePERL
A governance token for reliable payments, lucrative rewards and offsetting carbon emissions
Last updated
A governance token for reliable payments, lucrative rewards and offsetting carbon emissions
Last updated
onePERL is PERL.eco's governance token with stable value backed by USDC and PERL based on ICHI. Each onePERL is minted with $1 worth of a mixture of USDC and PERL. It is also redeemable for $1 worth of USDC.
Due to its nature of stable value, onePERL is an ideal token for all sorts of applications on PERL.eco which includes:
Continual carbon offset by holding onePERL
Grants for carbon reduction projects
For use by projects onboarded by PERL.eco
For use as collateral under UMA for creation of synthetic assets
The full proposal for onePERL can be found here.
onePERL is powered by ICHI's Decentralized Monetary Authority (DMA). Check out the documentation on ICHI's documentation page.