Building a pBTC Portfolio Using PERI DEX
Building Your Portfolio with PYNTHS Assets
In this post, I’ll explain how to build a portfolio using synthetic assets. This is not an investment solicitation but rather an introduction to the methods of creating a portfolio with synthetic assets.
Note: For ease of understanding, the Staking reward is fixed at 30%.
For instance, let’s consider Investor A who chooses to construct a synthetic asset portfolio with $BTC and $PERI. Here’s how they might go about it starting with an initial investment of $10,000 as of January 1st.
https://staking.peri.finance/#/stake
Upon staking PERI and USDT, $3,500 in pUSD is issued.
Guide to Trading on PERI DEX
Step.1
https://dex.peri.finance/exchange
Navigate to the PERI DEX and connect your MetaMask wallet.
Step.2
After connecting, clicking on the address allows you to switch the connected chain. DEX trading is available on all chains except Ethereum.
Step.3
Select the asset and set the quantity to 100%. After clicking ‘Confirm’ and completing the signature, the purchase is finalized
The portfolio, purchased on January 1st, is composed as follows:
The return on investment from January 1, 2024, to April 27, 2024, is outlined below:
Including staking rewards:
Even after repaying the pUSD debt, there’s a profit of $2,000 in pUSD. This pUSD can be used to purchase USDC or PERI through a swap.
About PERI Finance
PERI Finance is a decentralized, cross-chain mirrored asset issuance and derivatives exchange on the Polkadot, Kusama, and Moonriver network. PERI Finance allows accessing a wide range of both traditional financial and crypto assets in the form of leverage and non-leverage mirrored products. PERI Finance empowers users with the lower GAS fee, speedy transactions, and ample security from front-running or flash loan.
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