Perena
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Perena

Perena

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Perena is a decentralized stablecoin infrastructure built on Solana that introduces USD STAR (USD*), a yield-bearing digital dollar designed to automatically grow in value through real yield sources.

Project Links
Reward
$ Announcement is pending
Platform
Solana
Max. Participants
Time Left
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Task Description

Perena Season 1 (S1) is the protocol’s first major points campaign, following the beta phases (Season 0 and Pre-Season), aimed at rewarding early users and community members. Rewards are tracked through two core metrics:

  • Petals — earned primarily by minting and holding USD* on the official platform. Each $1 held per day generates 1 Petal, while every $1 of yield earned equals 1,000 Petals.
  • Badges — earned by completing milestones, tasks, and engaging with partner ecosystems.

These Petals and Badges will influence the distribution of future Perena incentives. Season 1 has no fixed end date, allowing participants to join and accumulate rewards at their own pace over an extended period.


Conditions

Step 1

  • Access the Platform Visit the Perena website, connect your wallet, and enter the referral code AETQYN during signup.
  • Step 2

    Mint USD* Click the mint option in the app, deposit supported stablecoins (USDC, USDT) or other accepted assets. If needed, purchase USDT or USDC from Binance and transfer them to your wallet.

    Step 3

    Track Petals Accumulation Go to the rewards section to monitor your progress. Petals accumulate automatically: 1 Petal per $1 of USD* held daily, plus 1,000 Petals per $1 of yield generated. The longer you hold USD*, the more yield and Petals you earn.

    Step 4

    Complete Badge Quests Regularly check the rewards page for new badge opportunities. Engage with partner platforms (RateX, Seeker, Exponent) to earn Partnership Identity Badges. Share your Season 1 Stats card on social media for additional badges.

    Step 5

    Refer Friends Share your unique referral link with friends. Earn 10% of the Petals generated by every referred user who starts using Perena.


    Project Description

    Perena is a decentralized stablecoin infrastructure built on Solana that introduces USD STAR (USD*), a yield-bearing digital dollar designed to automatically grow in value through real yield sources. Unlike conventional stablecoins that maintain a fixed peg without returns, USD* generates sustainable yields via delta-neutral strategies, secured lending, and tokenized liquid assets.

    USD* is fully collateralized by a diversified portfolio that includes:

    Delta-neutral hedged positions on both centralized and decentralized exchanges (BTC, ETH, SOL)
    Secured borrow-lend positions with on-chain stablecoins
    Fully liquid tokenized real-world assets like USDC and USDT

    Perena actively manages asset allocation across multiple strategies to minimize risk concentration and optimize long-term, sustainable yield performance.

    Frequently Asked Questions

    Perena has not announced an end date for Season 1. The campaign remains open-ended, allowing users to participate and accumulate Petals and Badges at their own pace.

    Achievements from Season 0 and the pre-season have been converted into Badges and are still visible on your rewards page. These do not contribute to Season 1 Petals, but they reflect your historical participation and may influence long-term reward calculations in the future.

    No. Only USD* minted directly through the official platform (app.perena.org) earns Petals. If you transfer USD* to another wallet or receive it from someone else, it will not accumulate Petals in the receiving wallet.

    Conclusion

    Perena Season 1 provides a flexible way to engage with its yield-bearing stablecoin infrastructure on Solana while building eligibility for potential future rewards. Mint and hold USD* to earn Petals through passive holding (1 Petal per $1 daily) and amplified rewards from yield generation (1,000 Petals per $1 of yield).

    Combined with Badges earned via milestones, partnerships, and community activities, your Season 1 participation creates a verifiable record of involvement with the protocol. Start minting today to maximize your Petals accumulation over the ongoing season.