For the complete documentation index, see llms.txt. This page is also available as Markdown.
PERQ Store
Check out our walkthrough video on how the PERQ Store works or continue reading below ☕
BEANS: The in-platform currency used at the PERQ Store
$PERQ can be converted to BEANS at a ratio where $1 worth of PERQ equates 10,000 BEANS.
BEANS can be converted in various quantities, allowing you to restock your BEANS balance by recycling $PERQ.
BEANS will power every utility on the PERQ platform, allowing for microtransactions without incurring gas costs.
Current use cases for BEANS:
Purchase and upgrade Loyalty Cards
Future use cases for BEANS:
Earn BEANS in the Espresso Bar
Play with BEANS in the Arcade
Purchase Special Edition Loyalty Cards for specific boosts
...And much more
Loyalty Cards
Loyalty Cards allow users to boost their rewards on all their deposits in PERQ Launchpools.
The boosts range from 0.25% to 100% for the highest Loyalty Card level. Each Loyalty Card has 5 Levels, after which a user reaches the next tier, which comes with a larger increase in boosts than each individual level on a certain tier.
Different Loyalty Card tiers.
The $PERQ Recycling Mechanism
Every time you purchase BEANS with $PERQ:
• 25% of the $PERQ used in the purchase are permanently burned,
• the remaining 75% are recycled into the $PERQ Earnpool to fuel the project's flywheel.
If other assets than $PERQ were used to purchase BEANS, we iniate a buyback-and-burn following the same principle.
As more and more people purchase Loyalty Cards to increase their staking edge in the Launchpools and Pods, more and more $PERQ are funneled to the PERQ Earnpool, thus increasing its APY. Additionally, the 25% burn rate ensures that the token remains deflationary.
