Perena opens Vaults whitelist to the top 10,000 users

If your ranking in the protocol is within the top 10,000, your wallet can access the webpage directly without any blockage.

In fact, the process is quite fast; I only got to experience it a week in advance.

📌 Let’s start with the updates

The Perena Pre Season has ended.

Previously, there were various petal bonuses this season, but now they have all been canceled after the deadline; currently, only USD* can continue to accumulate petals.

The next season has not officially launched yet.

What we know is that the focus will be on Vaults-related aspects.

📌 JLP Delta Neutral

Today, let's fill in the second gap.

Last time, I mentioned the JLP DN provided by TradeNeutral. At that time, only 1% of the quota was available to play with; now, on the first day after opening to 10,000 users, it has reached 22%.

According to the vault quota shown in the picture,

$1.1M (22%), which calculates to a full amount of 5m.

The figure of 5m, even without talking about those outside the protocol, can be filled by the original Perena players; the redemption period is 1 day. As long as they want, it should be a painless transfer since they are all stablecoins, with no loss.

💰 The current APY is 11.45%

💸 The performance fee is 25% of the profit.

Regarding the performance fee:

It operates on an internal deduction model similar to traditional fund net values; if the strategy doesn’t make money, there are no fees.

I couldn't find information on this performance fee on the Perena side, but it is mentioned in the Neutral documentation.

Other introductions about JLP DN were mentioned in the forwarded post; if you want to review, you can take a look.

I personally put in some funds and am looking forward to the start of the next season, as well as the Franklin #RWAfi mentioned last time.