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.

You can find the $PERQ Earnpool here.