Perena：快速了解早期受主要风投青睐的项目

作为去中心化金融（DeFi）生态系统的核心基础设施之一，稳定币一直备受关注。

As one of the core infrastructures of the decentralized finance (DeFi) ecosystem, stablecoins have always garnered significant attention.

作为去中心化金融（DeFi）生态系统的核心基础设施之一，稳定币一直备受关注。

On December 11, Binance Labs announced an investment in Quine Co., the core development team behind Perena, to support its efforts in building the first stablecoin infrastructure protocol on Solana.

12 月 11 日，币安 Labs 宣布投资 Perena 背后的核心开发团队 Quine Co.，以支持其在 Solana 上构建第一个稳定币基础设施协议的努力。

As a core player in the stablecoin track, Tether boasted a first-half profit of $5.2 billion this year, earning over $30 million in a single day. Despite the previous Luna crash, many projects are still persisting in building within the stablecoin track.

作为稳定币赛道的核心玩家，Tether 今年上半年盈利 52 亿美元，单日收入超 3000 万美元。尽管之前发生了 Luna 崩盘，但许多项目仍然坚持在稳定币赛道上建设。

Recently, ENA returned to 1 U, Usual rose nearly 60% in a week, and ANZ tripled in one day. Stablecoins on various chains are constantly developing. This article will take you to a quick look at Perena, a project that has been favored by major VCs in its early stages.

近期ENA重回1U，Usual一周涨近60%，ANZ一日涨三倍。各链上的稳定币在不断发展。本文将带大家快速了解一下早期就受到各大VC青睐的Perena项目。

The current stablecoin market has a capital scale of 200 billion US dollars, and the number of new stablecoins is also increasing. Stablecoin fragmentation, isolated liquidity pools, and user experience problems are gradually emerging. Perena is committed to solving the above problems. As the infrastructure of the stablecoin track, it does not compete with USDC, PYUSD, etc., but provides them with more efficient and convenient transactions.

目前稳定币市场的资本规模已达2000亿美元，新稳定币的数量也在不断增加。稳定币碎片化、流动性池孤立、用户体验问题逐渐显现。 Perena致力于解决上述问题。作为稳定币赛道的基础设施，它不与USDC、PYUSD等竞争，而是为他们提供更高效、便捷的交易。

Perena mainly provides an efficient and flexible multi-asset stablecoin exchange platform for the Solana ecosystem, aiming to create a borderless monetary infrastructure. Since Binance announced its investment, TVL has grown rapidly to nearly $1 million.

Perena主要为Solana生态系统提供高效、灵活的多资产稳定币兑换平台，旨在打造无边界的货币基础设施。自币安宣布投资以来，TVL 已迅速增长至近 100 万美元。

The Perena team is quite strong. Anna Yuan, the founder of Perena, was the head of stablecoins at the Solana Foundation. During her tenure, she made great contributions to the increase in the issuance of stablecoins on Solana and the launch of non-US dollar stablecoins, doubling the issuance of stablecoins to 3.6 billion. The team also includes practitioners from institutions such as Jump Trading. In addition, the team has reached cooperation with central bank governors and regulators on stablecoin supervision.

佩雷纳队实力相当强大。 Perena 创始人 Anna Yuan 曾任 Solana 基金会稳定币负责人。在任职期间，她为Solana上稳定币发行量的增加以及非美元稳定币的推出做出了巨大贡献，使稳定币发行量翻了一番，达到36亿枚。团队中还包括来自Jump Trading等机构的从业者。此外，团队还与央行行长和监管机构就稳定币监管达成合作。

In terms of financing, Perena has not only received support from well-known investors such as Solana co-founder Anatoly Yakovenko and Raj Gokal, but also won the favor of many institutions. It has completed the Pre-Seed round of financing, led by Borderless, and investors also include Binance Labs, Primitive Crypto, Anagram, Temporal, ABCDE Labs, SevenX Ventures, etc., with a financing amount of approximately US$3 million. In addition, Perena has also reached cooperation with many DeFi protocols.

在融资方面，Perena不仅得到了Solana联合创始人Anatoly Yakovenko、Raj Gokal等知名投资人的支持，还获得了多家机构的青睐。已完成Pre-Seed轮融资，由Borderless领投，投资方还包括Binance Labs、Primitive Crypto、Anagram、Temporal、ABCDE Labs、SevenX Ventures等，融资金额约300万美元。此外，Perena还与多家DeFi协议达成合作。

Perena has already launched its first product, Numéraire. Numéraire is a multi-asset stablecoin exchange system that introduces the concept of USD*. It uses the AMM mechanism to achieve seamless creation and exchange of stablecoins, while optimizing liquidity and efficiency in various markets. It solves the problem of stablecoin ecosystem fragmentation and reduces the capital requirements for the issuance of new stablecoins. Users can mint stablecoins, obtain tokenized real-world asset returns, and use the layered collateralized debt position system to achieve customized risk-return configurations through the protocol. However, although Numéraire claims to be a cheaper and more efficient stablecoin exchange, it is still more worn out than platforms such as Raydium due to liquidity issues.

Perena 已经推出了其首款产品 Numéraire。 Numéraire是一个多资产稳定币交易系统，引入了美元*的概念。它利用AMM机制实现稳定币的无缝创建和兑换，同时优化各个市场的流动性和效率。它解决了稳定币生态系统碎片化的问题，降低了发行新稳定币的资本要求。用户可以通过协议铸造稳定币，获得代币化的现实资产收益，并利用分层抵押债务头寸系统实现定制化的风险收益配置。然而，尽管Numéraire声称是一个更便宜、更高效的稳定币交易所，但由于流动性问题，它仍然比Raydium等平台更加破旧。

USD* is a core element of the Numéraire system. It is a holdable LP (liquidity provider) token that is currently tradable and holds potential returns. Through the concept of USD*, Numéraire not only achieves higher capital efficiency, but also has higher flexibility. All stablecoins share the same liquidity pool, reducing fund fragmentation. The lending function will allow excess stablecoins to be borrowed and borrowed, which can further improve fund utilization. At the same time, adding stablecoins only requires establishing a relationship with USD*, and it can be exchanged with all other stablecoins in the system. As an intermediate unit, USD* can help achieve more accurate price discovery and reflect the market's real-time valuation of various stablecoins.

USD* 是 Numéraire 系统的核心要素。它是一种可持有的 LP（流动性提供者）代币，目前可交易并持有潜在回报。通过USD*的概念，Numéraire不仅实现了更高的资本效率，而且具有更高的灵活性。所有稳定币共享相同的流动性池，减少资金分散。借贷功能将允许多余的稳定币进行借贷，这可以进一步提高资金利用率。同时，添加稳定币只需要与USD*建立关系，即可与系统中所有其他稳定币进行兑换。作为中间单位，美元*可以帮助实现更准确的价格发现，反映市场对各种稳定币的实时估值。

Numéraire provides the Solana ecosystem with an efficient and flexible multi-asset stablecoin exchange platform through USD*. It not only simplifies the user experience, but also provides a more efficient liquidity management solution for the DeFi ecosystem. Its advantages include:

Numéraire 通过 USD* 为 Solana 生态系统提供高效、灵活的多资产稳定币兑换平台。它不仅简化了用户体验，还为 DeFi 生态提供了更高效的流动性管理解决方案。其优点包括：

Currently, the project is still in its early stages, with only two functions, Swap and Pool, open. Petal Points can be obtained by trading between stablecoins and forming LPs. The Swap pool does not require an invitation code to enter, and the Pool requires a referral code or 700 points to open. The referrer can get 5% of the points earned by the recommended user. When 700 points are reached, 4 invitation codes can be generated, and 2 more invitation codes can be obtained for every additional 1,000 points. Using the referral code when registering will give 100 Petal Points to the user and the referrer respectively.

目前，该项目仍处于早期阶段，仅开放 Swap 和 Pool 两个功能。花瓣积分可以通过稳定币之间的交易以及形成LP来获得。互换池不需要邀请码即可进入，而池子则需要推荐码或 700 积分才能打开。推荐人可获得推荐用户积分的5%。达到700积分可生成4个邀请码，每增加1000积分可额外获得2个邀请码。注册时使用推荐码将分别向用户和推荐人赠送 100 点花瓣积分。