PERL.eco
  • Welcome to PERL.eco
  • PERL Burn-Merge
    • Submitting your THORChain address
  • PERL Token 101
    • Getting PERL
    • Bridging PERL
    • Providing Liquidity
  • onePERL
    • Minting
    • Redemption
    • Staking
  • pCO2
    • Getting pCO2
    • Offset your carbon footprint
    • Transparency
  • Q&A
  • Beginners
    • Creating Metamask wallet
    • Viewing MoonGorillas
  • PERL.eco Media Kit
  • Terms and Conditions
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On this page
  • What is onePERL?
  • What is onePERL used for?
  • How does it work?
  • Guide to Mint and Redeem onePERL

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onePERL

A governance token for reliable payments, lucrative rewards and offsetting carbon emissions

PreviousProviding LiquidityNextMinting

Last updated 1 year ago

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What is onePERL?

onePERL is PERL.eco's governance token with stable value backed by USDC and PERL based on . Each onePERL is minted with $1 worth of a mixture of USDC and PERL. It is also redeemable for $1 worth of USDC.

What is onePERL used for?

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 .

How does it work?

onePERL is powered by ICHI's Decentralized Monetary Authority (DMA). Check out the documentation on .

Guide to Mint and Redeem onePERL

ICHI
here
ICHI's documentation page
Minting
Redemption