Perena is a stablecoin liquidity protocol on Solana that improves stablecoin trading through its Numéraire AMM, optimizing liquidity across multiple assets.
The platform does not have a confirmed Perena token, but it issues USD* as a Perena LP token, representing liquidity in its pools and allowing users to earn from swap fees.
In December 2024 Perena has run a farming points campaign called Petals, where users can earn points by swapping stablecoins, providing liquidity, and referring others, potentially leading to future rewards.
Perena recently concluded a Season 0 Petals Program, a points farming campaign, and promised on its website the soon launch of a Season 1 points farming campaign. The initiative allows participants to accumulate Petals points by performing specific actions:
These are the available stablecoins pairs for Season 0. However, we assume is likely that at the beginning of Season 1 or during it, Perena will expand the circle of its partners and more variations of farming points will appear due to more pools.
The earning system is structured to encourage ongoing participation:
Users can participate in the Petals Program by connecting their Solana-compatible wallet, performing swaps, adding liquidity, and referring others. Petals are automatically tracked based on user activity, and progress can be monitored within the platform.
Start doing daily stablecoin swaps:
To participate in Perena's Petals campaign and be eligible for a potential airdrop, users must farm Petals points during the two-season campaign:
If the Token Generation Event (TGE) is not announced in Season 1, the program may extend into Season 2, giving users additional time to accumulate Petals.
While Perena has not officially announced a token launch or airdrop, the Petals campaign positions participants for potential future incentives. The program:
Go to the Perena’s page to connect your wallet
Enter referral code
Hold, or deposit USD* either into Seed or Growth Pools;
Earn 700 Petals to unlock liquidity provision and referral code.
Get extra points daily by holding $100+ in liquidity.
Keep farming Petal Points by providing liquidity until the TGE announcement;
Claim airdrop on TGE.