September 5, 2024

Whats Brewing Over At Perq

Whats Brewing Over At Perq

Why We’re Excited About PERQ and its Role in Web3 Fundraising

At SuperMassive, we’ve had the opportunity to support and watch web3 evolve through some remarkable technological advancements, and one of the projects we’re particularly excited about is PERQ. While we aren’t direct contributors, our role as investors, observers and enthusiasts allows us to recognize innovation when we see it, and PERQ is doing something truly disruptive in decentralized fundraising.

What Makes PERQ Stand Out?

PERQ isn’t just another fundraising platform. It’s bringing Binance-style launchpools fully on-chain and enhancing them with bluechip DeFi yield mechanisms, providing a more innovative and capital-efficient way for users to participate in token launches. Here’s why this is a game-changer:

  • No Capital Drain: Unlike traditional models where participants exchange their capital for tokens, PERQ allows users to stake stablecoins or ETH and receive unlocked tokens at TGE without spending any of their funds. This means your assets continue to grow while still gaining exposure to new project tokens.
  • A Proven Product: PERQ isn’t just an idea on paper; it’s a working MVP with impressive metrics. Over 2,100 unique users have already staked, driving a peak total value locked (TVL) of $25 million and generating over $400,000 in revenue for partner projects.
  • High Reward Potential: With over $500,000 in rewards distributed so far, users have earned an average of 45% APR on their staked assets—illustrating that this isn’t just a novel way to participate in token launches; it’s also a highly lucrative one.

Innovation at Its Core

At the heart of PERQ’s appeal is its ability to go beyond the current token launch mechanisms by introducing features like Economic Restaking. This system allows users to gain exposure to other chains from mainnet without leaving mainnet, effectively providing users with new cross-chain opportunities without the typical complexities.

PERQ is built on a solid foundation of bluechip DeFi infrastructure—integrating with trusted names like Aave, Morpho, Gearbox, Yearn, and Yelay (formerly Spool). Secured by top-tier auditors such as Trailofbits, Chainsecurity, and Peckshield, the platform’s robustness is unmatched.

A Look at the Roadmap

There’s plenty to be excited about in PERQ’s upcoming roadmap, including:

  • Prime Launchpad Listing: Expected in October, this will place PERQ on one of the top launchpads in the space.
  • First L1 Pods: Launching in November, enabling new Layer 1 partners to utilize PERQ’s innovative token distribution model.
  • Central Exchange Listings: 2-3 CEX listings planned, which will further enhance liquidity and visibility.

The Token Economy

PERQ’s dual-token economy with $PERQ + BEANS isn’t just an inflationary system. It’s fully deflationary and offers users real incentives to burn tokens, thereby adding value to the ecosystem over time. And with zero fees, it’s user-first by design, ensuring every participant can engage meaningfully in the ecosystem without being penalized by platform overhead.

At SuperMassive, we’ve supported many projects in web3, but PERQ’s approach to decentralized fundraising is one that stands out for its uniqueness and innovation. With its secure, yield-enhanced token distribution model, PERQ is laying the groundwork for a new meta in token launches, and we’re excited to see what the future holds for this project.

Stay tuned for more updates from us as we continue to track PERQ’s progress.