Duration: 6.16 8AM - 7.16 8AM UTC

Bonus: 300 LiNEAR and 20,000 PEA

PinkPea Finance founding team gave an AMA on Near Insider on June 8 and NEAR Daily on June 9 , shared [PinkPea Finance — Maximizing DeFi Alpha Hunter’s Gains] and announced product features and future development plans. The founding team of PinkPea Finance will be attending several AMA in the near future, so stay tuned!

The following is the transcript of the AMA(abridged slightly without changing the original meaning).

Q8: What is the ultimate goal of PinkPea Finance? Can you reveal some of the platform’s upcoming plans?（This question was not shown in the Near Insider organized Twitter Space due to network problem, so it is shown on this AMA’s transcript as a priority.）

Peter: The ultimate goal of PinkPea Finance is to provide users with the “second step” in DeFi. The first step was to make finance accessible to anyone. The “second step” is to empower everyone and create widespread adoption by providing powerful tools that anyone can use to capture value, and a complete set of financial services for any investor to grow their wealth.

We have a new version of the PinkPea Finance website launching soon. The latest version has an optimized page design and upgraded UX. We also plan to launch 3–5 Partner Pools. Our Lending service is currently on testnet and scheduled to go live in Q3. We also plan to launch Leveraged farming, and the Infinite Looper, towards the end of Q3. Then in Q4, the DAO and governance mechanisms will launch.

In 2022, PinkPea Finance will provide complete services for risk-averse and intermediate users. The platform will then support more complex assets and financial products in 2023, and begin to provide multi-chain support.

PinkPea Finance will also issue the PEA NFT, as I mentioned earlier, which is exciting! Each user can acquire an NFT, which works as an augmented veToken, giving the user governance rights, dividend rights, airdrop rights, and fee discounts according to the user’s NFT level. The NFTs are also rentable.

Q1: Please tell us about yourself and the PinkPea Finance project.

Peter: Hello everyone ~ I’m Peter, the Head of Marketing at Pink PeaFinance. I have over 20 years of experience in content and marketing. Since 2018, I’ve been focusing on the blockchain space with research on Web3, FinTech, DeFi, and cryptocurrencies.

It is a pleasure to introduce PinkPea Finance in Near Insider’s Space today. I will go over the project’s progress, introduce our products and functions, and outline our future development plans.

PinkPea Finance is the first fully integrated Aurora DeFi wealth maximizer. A fully integrated, automatic, seamless solution anyone can easily use to manage leverage and risk. Any DeFi user can apply multiple strategies to maximize their investments in one place.

PinkPea Finance Offers DeFi Users:

Automatic Leverage & Risk Control Looping

Optimized Leverage Farming

Lending & Borrowing

Store of Value Token

Augmented NFT

It provides users with multiple DeFi services in one interface, so they do not need to switch back and forth between numerous protocols and chains. Ultimately allowing anyone to lower costs, save time and generate additional wealth.

Q2: Can you tell us why the team founded PinkPea Finance and the problems it solves?

Peter: The PinkPea Finance team are all DeFi enthusiasts and active in the global DeFi community, using dApps ourselves daily. We developed the PinkPea Finance solution from first-hand DeFi experience of the current barriers in place and lack of product innovation. In particular, the one-dimensional nature of most products. For example, lending platforms usually only provide deposit and borrowing services for crypto assets. Borrowers typically need to take the borrowed assets to other dApps to find ways to generate alpha. Currently, it is impossible to complete a wide range of financial tasks, such as lending, farming, and trading, all in one dApp. Ultimately, this drives DeFi users to move assets back and forth across multiple protocols. In addition to the high GAS fees associated with the constant transfer of assets, users have heavy time costs incurred comparing APYs across different DeFi products and tedious operational steps that create barriers to seamless financial management. In addition, most dApps lack thoughtful ways to help reduce risk. The “degen” approach is rampant. We believe that as creators and builders in the space, we should strive to provide products that can capture alpha but also reduce risk. The awareness of these two gaps in the market led us to develop tools like the Infinite Looper, which allow users to enjoy the benefits of leveraged strategies, but simultaneously reduce risk.

Within the PinkPea Finance ecosystem, users can quickly and efficiently complete everything they need without chain-hopping or fee-watching. They can automatically save, auto-compound, lend, borrow, leverage farm, and manage risk all in one place.

Q3: Ethereum is currently the largest DeFi ecosystem with unmatched asset depth and liquidity. So, why did PinkPea Finance choose to build on NEAR’s Aurora chain?

Peter: While Ethereum remains the largest DeFi ecosystem, with a rich variety of dApps, assets, and liquidity unmatched by any other ecosystem, Gas fees of more than $10 are unfriendly to your average long-tail retail investors. These high transaction costs have started to stifle adoption and create chain congestion. Most transactions are now institutional.

We can think of Aurora as an Ethereum Layer 2 network built on NEAR Protocol, which retains many of its unique features. In addition to being fully compatible with Ethereum and seamlessly deploying Solidity and Vyper smart contracts, Aurora also has a bridge built using Rainbow Bridge technology. The Aurora bridge provides secure and reliable license-free, pass-through transfers and data transfer services between Ethereum and Aurora. Meaning Aurora can enjoy the asset richness and liquidity of Ethereum Layer 1 and provide complete support for PinkPea Finance.

The Aurora chain can process thousands of transactions per second, 50 times higher than Ethereum 1.0. The transfer of an ERC-20 token on Aurora costs less than 0.01 USD. On Ethereum, that would be 50Gwei, which is 5.40 USD on a 3000 USD priced ETH. The processing fee of Aurora is 1,000 times lower than Ethereum, and transactions have a finality of 2 seconds, which means Aurora significantly reduces the risk of preemptive trading (front-running) attacks. NEAR also uses a POS consensus mechanism, meaning Aurora is a greener chain.

PinkPea Finance provides alpha hunters with an all-in-one product suite for their DeFi needs, and building on Aurora delivers lightning-fast, low-cost transactions. This combination creates an unparalleled trading experience not on offer anywhere else in the DeFi cryptoverse.

In addition, there is another significant reason why we decided to build on the Aurora chain. PinkPea Finance shares the same values as the NEAR and Aurora teams. We hope PinkPea Finance can provide long-term sustainable development with Aurora and NEAR, helping build a safe and stable public chain ecosystem.

Q4: Please bring us up to speed with PinkPea Finance’s latest situation and achievements.

Peter: The PinkPea Finance protocol was launched on April 12th and currently supports Trisolaris and Aurigami pools, including USDC-USDT, TRI-AURORA, wNEAR-ETH, USDT-wNEAR, wBTC-wNEAR, AURORA-ETH, USDC-wNEAR……and many more. A total of 16 auto-compounding Vaults are operational.

On May 31st, we officially launched our PEA token, which coincided with launching our second PEA-NEAR vault. On June 1st, our new Boosting function went live. Users can stake PEA to receive vePEA and also boost their APY rewards. We have also completed three community airdrops that attracted more than 30,000 people to join the PinkPea Finance Telegram community and 50,000 followers on Twitter. The total number of participants exceeded 100,000. It means a lot to have such support from the global crypto community!

Q5: As a product designed to automatically generate alpha returns for users, what are the leading innovations and features of PinkPea Finance? How do you attract and retain users?

Peter: PinkPea Finance can help users quickly choose an investment strategy to suit them. We offer innovative products that cater to all levels of users’ experiences and risk tolerance.

Beginners and risk-averse users can use our auto-compounding Vaults and Lending functions to generate some additional Alpha on their assets, and these products have lower risks.

Intermediate risk-tolerant users can use our leverage farming function to achieve higher returns. PinkPea Finance also has an automatic leverage tool, the Infinite Looper, that allows users to create a set and forget leveraged strategy between a pair of assets.

Advanced users can use more complex financial instruments like options, hedging pools, and NFT mining pools.

We also have functions like Partner Pools and Boost that provide users with higher returns and added incentives from the leading projects within the ecosystem. In addition, we have plans to launch an augmented NFT that stores value, generates passive income, gives rights and provides discounts for holders. Our plan for 2022 is to launch our low-risk and intermediate products and features. In 2023, we will add more complex features to cater to advanced users.

Q6: What are PEA’s tokenomics? How can users get PEA?

Peter: PEA is primarily an incentive. For example, the earnings of various revenue pools payout in PEA. vePEA plays a governance role. vePEA holders can vote on proposals and make decisions on the development of PinkPea Finance. vePEA holders can also boost the APY of selected pools by up to 3x. PEA holders can stake their tokens to obtain vePEA.

PEA’s tokenomics

The number of PEA tokens is 50 million. PinkPea Finance allocates 60% to reward users, 10% for early fundraising, 10% for team and tech development, 5% for airdrops to drive early liquidity, 5% for advisors, and 10% kept in a reserve fund.

How users can obtain PEA:

Users can obtain PEA tokens in many ways.

1. Participate in auto-compounding LP staking. Users can get LP native asset income from auto-compounding returns and receive additional PEA rewards.

2. Use PinkPea Finance’s Boost function to increase their APR rewards. Users can stake PEA in return for vePEA (locked PEA). The more vePEA you hold, the higher you can boost your APR and receive even more PEA.

3. PinkPea Finance shares portion of Vaults and Partner Pool fees with PEA liquidity providers and vePEA holders. vePEA holders receive 2.5%, and PEA liquidity providers receive 2% paid as PEA.

4. Participate in platform activities and special promotions. For example, the platform has held 3 PEA pre-mining periods and will also regularly run incentive promotional events on our social media channels and in the community.

5. All our features offer PEA incentives for DeFi farmers and traders. Lending, Leverage, Partner Pools, Infinite Looper, and our Governance mechanisms will all provide PEA rewards.

6. Of course, PEA will list more DEXs and leading centralized exchanges, which will allow users to purchase the token directly in the secondary market.

Q7: What have you done to capture value into PEA? What have you done to retain and ensure future value?

Peter: We have strong confidence in the value of PEA for the following reasons:

1. PinkPea Finance Sustainable Yield Aggregation

Current aggregators provide their high APY based on the rise of the token price. These products generally lack functions and only offer a single type of mining feature. The cost of using these products is high, and sometimes the high gas fee even masks the benefits.

PinkPea Finance represents a new paradigm of revenue aggregators pioneering DeFi 2.0. Our product offers numerous tools, such as Vaults, Lending, Leverage, Boosting, Partner Pools, and the Infinite Looper, offering sustainable high APY and expanded functionality. Our cutting-edge tools will roll out one by one in 2022 until all are live and operational.

In terms of PinkPea Finance governance, our Boosting function refers to the ve(3,3) governance model proposed by AC. Any user who wants to participate in governing must stake PEA tokens to mint vePEA. We use the staking time as a factor, and the longer the lock-up time, the more vePEA tokens are given to the user. For example, if you stake 1 PEA, you will get 0.25 vePEA for one year and 0.5 vePEA for two years.

Holders of vePEA can participate in voting for various decisions within the ecosystem and receive additional benefits. For example, if you voted for an approved Partner Pools project, you can expect to receive a token airdrop for that project. In addition, vePEA holders can boost the APY revenue of select pools by up to 3 times. They also receive a share of the revenue from Vaults and Partner Pool fees. Investors who want to participate in governance or receive the extra benefits must lock PEA to obtain vePEA. This demand for vePEA will mean numerous PEA get locked up.

As PinkPea Finance functions go online, they will continue to serve, drive, and reinforce the value of PEA. Simultaneously, this new aggregator ecosystem model pioneered by PinkPea Finance will become a new standard within the DeFi 2.0 space.

1. PEA benefits

PinkPea tokenomics ensure value, drive growth, and align incentives. We designed the internal ecosystem to drive adoption but also be sustainable. We allocated 40% of PEA to drive the adoption of Vaults and Partner Pools and 20% to incentivize LP and vePEA staking.

PEA provides revenue and access to vePEA, and vePEA also shares in income. We share 2.5% of the revenue from Vaults and Partner Pools to locked vePEA holders and 2% with PEA liquidity providers.

PEA will become an essential link between users and the PinkPea Finance ecosystem, promoting and empowering each other to drive value.

1. Risk Guarantee Mechanism

Like traditional finance, DeFi comes with risk, especially derivatives and leverage. PinkPea Finance takes this seriously and believes that universal access to financial instruments is the first step in a meaningful web3 DeFi world. The second step is to create products that plan for, manage, mitigate and contain risk. We have put in place contingencies, like our insurance fund for the Infinite Looper. We set aside proceeds from the management fee to be available in case of black swan events that would affect the Infinite Looper’s performance.

1. Ecosystem user growth expectations

In addition to PinkPea Finance’s product features, our partnerships throughout the Aurora ecosystem will attract large use numbers. We believe in projects that can bring value to the whole industry. Our partner pools are one of our ways to integrate with other protocols and simultaneously provide more incentives and rewards for our users, a perfect way to grow our user base and help our fellow DeFi projects.

In addition, PEA will soon list on DEXs and CEXs, allowing users to trade the asset on the secondary market. PinkPea Finance will also become a cross-chain dApp later in the year. The growth of users and availability across exchanges will boost the value of PEA and help to sustain positive price action.

The outlook is bright for the future performance of our PEA.

Community Questions:

Q1: The boosting feature is kinda interesting with a defi-addict like me, but I still wonder how it works and how long does this last?

Peter: We set aside 35% of the total supply of PEA for our Vault rewards, which gives us a lot to provide as incentives over the long term. We want PinkPea Finance to be community-driven and encourage people to become vePEA holders. We calculate the different levels of boosting according to how much PEA someone has locked in return for vePEA. The different levels are weighted, and we have an equation to determine the boost level rules. A full explanation and the equation are in our online public documents. https://docs.pinkpea.finance/governance/boost

Q2: According to my knowledge, you have just launched a mainnet recently. So what are your milestones so far or the most impressive achievement that you got?

Peter: Yes, we launched on April 12th. So far, we have 16 Vaults operational, conducted PEA pre-mining, and listed our PEA token on the Aurora Trisolaris DEX on May 31st. Our PEA staking function in return for vePEA, which works with our Boost feature, is also operational.

Q3: How can I join in PinkPea DAO and what is my benefit when joining it?

Peter: vePEA holders automatically join the PinkPea DAO. DAO members can submit proposals and also vote. A proposal can cover rewards, integrations, fees, promotions, new features, practically anything! Also as a vePEA holder you will automatically enjoy our Boost feature and share in the revenue from our Vaults!

Q4: What is your upcoming plan for the downtrend season, especially the method to attract users?

Peter: We are building for the long term and remain committed to our plans. Our vision is to provide anyone with genuinely valuable, easy-to-use tools to help them generate additional income and lead to better prosperity and wealth. The intrinsic value within PinkPea Finance’s products like the Infinite Looper and our augmented NFT will attract and keep users. We are building features quite different from other projects, but we believe it is only dApps with components and characteristics that provide genuine value, like the one we have planned, that will be around for the long term.

Get in the pink with PinkPea Finance!

Website: https://pinkpea.finance

Twitter: https://twitter.com/PinkPeaFinance

Telegram: https://t.me/PinkPeaFinanceOfficial

If users have enough vePEA, they can boost their standard APY rate up to three times. As long as the user obtains vePEA, no matter whether the user deposits in any pool, their APY will be increased,After locking PEA to obtain vePEA, boosting will start automatically. See the formula to calculate boosted APY.

Boost Rules

Boost Examples

The following examples assume a total deposit of 100,000, with 100,000 vePEA locked.

Example 1

Alice plans to deposit 10,000 and no vePEA lock-up. According to the boosting rules, this is a level 1 boost. Alice cannot boost her APY.

Example 2

Bob plans to deposit 10,000 and locks up 10,000 vePEA. According to the boosting rules, this is a level 3 boost. Bob can boost his APY three times.

Example 3

John plans to deposit 10,000 and locks up 5,000 vePEA. According to the boosting rules, this is a level 2 boost. John can boost his APY two times.

How do Users Obtain VePEA? Users obtain vePEA via locking PEA, the native token of PinkPea. The exchange rate is proportional to the PEA lock-up period.

1 month lock-up: 1PEA => 0.0416666 vePEA

6 month lock-up: 1PEA => 0.25vePEA

1 year lock-up: 1PEA => 0.5 vePEA

2 year lock-up: 1PEA => 1 vePEA

Locking and unlocking of PEA When you stake PEA for the first time, PinkPea Finance will calculate your lock-up time and corresponding unlock time according to the lock-up period selected.

Unlocking time of non-first-time staked PEA will be weighted according to the unlocking time of previously staked PEA to get the new unlocking time.

Upon locking expiry, all locked PEAs will unlock at once.

Click on the link to learn about Boosting features and reward rules: https://docs.pinkpea.finance/governance/boost

PinkPea Finance is a fully integrated Aurora DeFi optimizer that reduces barriers to accessing high-yield DeFi products.

PinkPea Finance is a one-stop DeFi shop that provides investors with auto-compounding token liquidity mining, flexible interest rate lending, leveraged mining, single-sided staking, and many other services to help maximize their returns. PinkPea Finance gathers five essential DeFi tools into one place — Vaults, Lending, Leverage, Boosting, and Partner Pools — to meet the needs of all crypto investors.

As well as maximizing user returns, PinkPea Finance is committed to reducing user risks. That is why we created a set-and-forget Infinite Looper. An advanced PinkPea Finance innovation, where intelligent signals trigger bots to either leverage or deleverage your position to automatically maintain a healthy debt ratio during market volatility while passively growing your assets.

PinkPea Finance investors can also reduce the heavy time and GAS costs required for APY hunting and DeFi product hopping. PinkPea Finance is a new intelligent, cost-efficient way to DeFi.

On April 19, PinkPea Finance officially started PEA pre-mining. Investors can receive PEA on top of the standard APY when they deposit into our Vaults.

To reward early adopters, PinkPea Finance’s first 2-week “Community Mining Program” began on April 19, 2022, at 8:00 (UTC+0) and will run for two weeks. Users can mine 200,000 PEA each week, a total of 400,000 PEA for approximately 2-weeks. The mining output of each LP mining pool is according to the output factor. The mining output factor adjusts to the popularity and volume of the assets staked in our protocol.

A brief overview of PEA

PEA is the native PinkPea Finance token with a total supply of 50 million. The protocol also has a governance token vePEA inspired by the ve(3,3) model.

The role of PEA is to provide incentives and facilitate the ecosystem’s growth. Whereas the function of vePEA is governance, stakeholders can vote and have a voice in the decision-making process.

Why are we confident in the future market expectations of PEA?

1. PinkPea Finance Sustainable Yield Aggregation Although yield aggregators took off in the 2020 “summer of DeFi”, the high APYs offered by these early revenue aggregators had more to do with market conditions than intelligent financial strategies. They not only lacked diverse functionality but also came with high GAS fees.

PinkPea Finance represents a new paradigm of revenue aggregators pioneering DeFi 2.0. Our product offers numerous tools, such as Vaults, Lending, Leverage, Boosting, Partner Pools, and the Infinite Looper, offering sustainable high APY and expanded functionality. Our cutting-edge tools will roll out one by one in 2022 until all are live and operational.

Holders of vePEA can participate in voting for various decisions within the ecosystem and receive additional benefits. For example, if you voted for an approved Partner Pools project, you can expect to receive a token airdrop for that project. In addition, vePEA holders can boost the APY revenue of select pools by up to 3 times. They also receive a share of the revenue from Vaults and Partner Pool fees. Investors who want to participate in governance or receive the extra benefits must lock PEA to obtain vePEA. This demand for vePEA will mean numerous PEA get locked up.

As PinkPea Finance functions go online, they will continue to serve, drive, and reinforce the value of PEA. Simultaneously, this new aggregator ecosystem model pioneered by PinkPea Finance will become a new standard within the DeFi 2.0 space.

2. PEA benefits PinkPea tokenomics ensure value, drive growth, and align incentives. We designed the internal ecosystem to drive adoption but also be sustainable. We allocated 40% of PEA to drive the adoption of Vaults and Partner Pools and 20% to incentivize LP and vePEA staking.

PEA provides revenue and access to vePEA, and vePEA also shares in income. We share 2.5% of the revenue from Vaults and Partner Pools to locked vePEA holders and 2% with PEA liquidity providers.

PEA will become an essential link between users and the PinkPea Finance ecosystem, promoting and empowering each other to drive value.

3. Risk Guarantee Mechanism Like traditional finance, DeFi comes with risk, especially derivatives and leverage. PinkPea Finance takes this seriously and believes that universal access to financial instruments is the first step in a meaningful web3 DeFi world. The second step is to create products that plan for, manage, mitigate and contain risk. We have put in place contingencies, like our insurance fund for the Infinite Looper. We set aside proceeds from the management fee to be available in case of black swan events that would affect the Infinite Looper’s performance.

4. Ecosystem user growth expectations In addition to PinkPea Finance’s product features, our partnerships throughout the Aurora ecosystem will attract large use numbers. We believe in projects that can bring value to the whole industry. Our partner pools are one of our ways to integrate with other protocols and simultaneously provide more incentives and rewards for our users, a perfect way to grow our user base and help our fellow DeFi projects.

In addition, PEA will soon list on DEXs and CEXs, allowing users to trade the asset on the secondary market. PinkPea Finance will also become a cross-chain dApp later in the year. The growth of users and availability across exchanges will boost the value of PEA and help to sustain positive price action.

The outlook is bright for the future performance of our PEA.

Get in the pink with PinkPea Finance!

PinkPea Finance Website: https://pinkpea.finance Aurora Website: https://aurora.dev

Pre-mining tokens lock until the PEA token is officially released. Once PinkPea Finance officially releases PEA, 50% of the pre-mined PEA tokens will unlock, followed by 5% every six days until all have unlocked in sixty days.

The mining output of each LP mining pool is according to the output factor. The mining output factor adjusts to the popularity and volume of the assets staked in our protocol.

Host: Good evening everyone, I’m Thomas, Community Manager of NEAR Insider. Many of the NEAR Insider community members are loyal users who have been part of the Near ecosystem since the early days. Today we will be interviewing PinkPea Finance, the hot project of the NEAR ecosystem Aurora chain. Today is an important day for PinkPea Finance as the PEA pre-mining has started. The guest invited is Pete, Head of Marketing at PinkPea Finance. Please say Hello to everyone. The chat has been put on mute for everyone. Please do not panic. The chat will be muted for only some parts of the AMA, thank you. Here how’s we will go about today’s AMA:

1. Interview with Pink Pea Finance by host

2. Quiz: I will drop the questions for communities and the top 5 fast fingers will be rewarded with 3 PEA airdrop rewards

3. Networking (Live questions): — AMA: Chat will be open for the speaker to select the best questions to give answers to. 8 PEA will be the reward for this section Without wasting much time, let’s get it started First question is always an introductory question: Q1: Please briefly introduce the background of PinkPea Finance and the team. Peter: Hello everyone ~ I’m Peter and the Head of Marketing at Pink PeaFinance. I have over 20 years of experience in content and marketing, having co-founded a blockchain music streaming dApp and founded a record label. Since 2018, I’ve been focusing on the blockchain space with research on Web3, FinTech, DeFi, and cryptocurrencies. PinkPea Finance is a fully integrated Aurora DeFi optimizer. After launching on Aurora, PinkPea Finance will develop on BSC, AVAX, ETH, and many more to become a multi-chain protocol. It provides users with multiple DeFi services in one interface, so they do not need to switch back and forth between numerous protocols and chains. Ultimately allowing anyone to lower costs, save time and generate additional wealth. Q2: Can you tell us why the team founded PinkPea Finance and the problems it solves? Peter: The PinkPea Finance team consists of DeFi enthusiasts, and we became aware of some problems in the current DeFi market. In particular, the one-dimensional nature of most products. For example, lending platforms usually only provide deposit and borrowing services for crypto assets. Borrowers typically need to take the borrowed assets to other DeFi products to find ways to generate alpha. Currently, it is impossible to complete a wide range of financial management operations, such as lending, farming, and trading, all in one DeFi product. Ultimately, this drives DeFi users to move assets back and forth across multiple protocols. In addition to the high GAS fees associated with the constant transfer of assets, users have heavy time costs incurred comparing APYs across different DeFi products and tedious operational steps that create barriers to seamless financial management. The market is in dire need of an integrated DeFi platform. One that can enable users to maximize revenue and provide a complete one-stop-shop service, including lending, liquidity mining, and derivatives. PinkPea Finance is here to provide DeFi investors with everything they need in one place. Q3: Ethereum is currently the largest DeFi ecosystem, with many protocols and assets unmatched by any other ecosystem. Why did PinkPea Finance choose to build on the Aurora chain? Peter: While Ethereum remains the largest DeFi ecosystem, with a rich variety of dApps, assets, and liquidity unmatched by any other ecosystem, Gas fees of more than $10 are unfriendly to your average long-tail retail investors. These high transaction costs have started to stifle adoption and create chain congestion. Most transactions are now institutional. We can think of Aurora as an Ethereum Layer 2 network built on NEAR Protocol, which retains many of its unique features. In addition to being fully compatible with Ethereum and seamlessly deploying Solidity and Vyper smart contracts, Aurora also has a bridge built using Rainbow Bridge technology. The Aurora bridge provides secure and reliable license-free, pass-through transfers and data transfer services between Ethereum and Aurora. Meaning Aurora can enjoy the asset richness and liquidity of Ethereum Layer 1 and provide complete support for PinkPea Finance. The Aurora chain can process thousands of transactions per second, 50 times higher than Ethereum 1.0. The transfer of an ERC-20 token on Aurora costs less than 0.01 USD. On Ethereum, that would be 50Gwei, which is 5.40 USD on a 3000 USD priced ETH. The processing fee of Aurora is 1,000 times lower than Ethereum, and transactions have a finality of 2 seconds, which means Aurora significantly reduces the risk of preemptive trading (front-running) attacks. NEAR also uses a POS consensus mechanism, meaning Aurora is a greener chain. PinkPea Finance provides alpha hunters with an all-in-one product suite for their DeFi needs, and building on Aurora delivers lightning-fast, low-cost transactions. This combination creates an unparalleled trading experience not on offer anywhere else in the DeFi cryptoverse. Q4: What are the advantages or innovations of PinkPea Finance compared to other mining projects on the Aurora chain? Peter: PinkPea Finance offers liquidity mining, flexible-rate lending, leveraged yield farming, automatic compounding of various LP assets, and single-sided staking. PinkPea also has innovative functions for holders of their native vePEA governance token. For example, vePEA holders can boost their APY by up to 3X. PinkPea Finance Partner Pools offer higher returns than the rewards from our regular Vaults and include an extra NFT-based reward system. It allows our users and partners to align their incentives with PinkPea Finance in a meaningful way that provides mutual benefits for everyone. As well as maximizing user returns, PinkPea Finance is committed to reducing user risks. That is why we created a set-and-forget Infinite Looper. An advanced PinkPea Finance innovation, where intelligent signals trigger bots to either leverage or deleverage your position to automatically maintain a healthy debt ratio during market volatility while passively growing your assets. Q5: The position of the PinkPea Finance revenue platform is a yield aggregator, which helps users automatically and quickly choose the best investment strategy. Can you tell us how impactful the aggregator platform is? Peter: 1. A good aggregator should improve user revenue, simplify user actions, and meet and satisfy user demands.

4. The product integration in PinkPea Finance can amplify user revenue through auto-compounding. Our staking function can help filter products with high security and yield on the chain to save time. Lending and leverage farming meets the needs of more experienced and risk-averse DeFi users.

5. PinkPea Finance is also impactful for public chains or other dApps because it works on high-quality projects, bringing them a large amount of staking funds and increasing their TVL. Q6: How does the PinkPea Finance economy work? How does PEA bring value to the ecosystem? How can users get PEA? Peter: PEA is primarily an incentive. For example, the earnings of various revenue pools payout in PEA. vePEA plays a governance role. vePEA holders can vote on proposals and make decisions on the development of PinkPea Finance. vePEA holders can also boost the APY of selected pools by up to 3x. PEA holders can stake their tokens to obtain vePEA. The number of PEA tokens is 50 million. PinkPea Finance allocates 60% to reward users, 10% for early fundraising, 10% for team and tech development, 5% for airdrops to drive early liquidity, 5% for advisors, and 10% kept in a reserve fund. Users can obtain PEA tokens in many ways. For example, they can receive PEA when they participate in LP mining. PinkPea Finance also distributes a share of platform revenue in PEA to vePEA holders, who receive 2.5%, and PEA liquidity providers, who receive 2%. As more of our features come online, like Lending, Leveraged Farming, and Partner Pools, users will have more opportunities to obtain PEA rewards when using these products. Q7：What do you think is the biggest challenge of the current DeFi track? How can you successfully break out? Peter: The DeFi track is now relatively mature, and there are no more massive challenges in the strict sense, but there are still many obstacles to overcome if DeFi wants to develop further.

6. Security and efficiency issues need to be addressed for DeFi to become a viable option for large-scale global finance. TPS and the vulnerability created by current interoperability solutions remain a critical test. DeFi must meet the stringent demands in these areas to achieve the massive growth we expect.

7. The financial services on offer need to improve. The current DeFi product model is still relatively rudimentary, with swap, lending, and other basic features. Few dApps offer a complete range of high-tier products, like those in the traditional financial market. Secondly, although DeFi users have experienced explosive growth, the number of people who take the time to understand DeFi is small compared to the recent influx of users. In the future, I hope speed and security will improve to allow the industry to thrive and capture the large-scale global finance needs of the entire world. Q8: How quickly do you plan to attract users to the PinkPea Finance platform? What have you done so far? Peter: There are three main points we need to address. First of all, our initial focus is on the product experience, ensuring we provide users with the features they need through a smooth and intuitive experience. Secondly, to establish partnerships with more projects. We are in the process of building alliances with the leading dApps on Aurora to bring our users the best the ecosystem has to offer in one place. Thirdly, we will collaborate with quality global communities to inform them and raise awareness about PinkPea and the solutions it provides to the international DeFi community. We are constantly refining PinkPea Finance to make it the best product we can. We are also highly engaged with global DeFi communities and protocols. In the future, you will see us partnering with many projects and communities, and PinkPea Finance will be in the eyes of more people and gain more popularity among users. Q9: Can you tell us about PinkPea Finance’s partners? And how is PinkPea Finance expanding its market? Peter: Although launched on Aurora, PinkPea Finance is a key project in the entire NEAR ecosystem. PinkPea Finance officially launched on April 12. Simultaneously, NEAR Protocol’s official Twitter retweeted the news of the platform launch and publicly announced our strategic partnership to develop and enhance DeFi on Aurora. With NEAR’s support, PinkPea Finance will focus more on contributing to the development of NEAR’s ecosystem. To expand, PinkPea Finance will acquire more DeFi users by continuously supporting high-quality asset mining and building partnerships with high-quality projects. In terms of product, PinkPea Finance, as a fully integrated DeFi optimizer, provides users with five components: Vaults, Lending, Leverage, Boosting, and Partner Pools, to meet current industry demands. As of April 17, the Vaults section is online with 12 LP auto-compounding pools, including TRI-USDT, TRI-wNEAR, wNEAR-ETH, wBTC-wNEAR, USDT-wNEAR, USDC-wNEAR, USDC-USDT, TRI-AURORA, AURORA-ETH, stNEAR-wNEAR, stNEAR-xTRI, and FLX-wNEAR. In addition, PinkPea Finance will focus on developing our Partner Pools. In the future, we will work with more DeFi protocols to help expand the NEAR ecosystem through synergistic partnerships. Q10: What can you tell us about the launch of PEA pre-mining? Peter: The PinkPea Finance platform token, PEA, starts pre-mining on April 19. Once pre-mining starts, users can receive PEA rewards on top of the native token APY rewards from staking in our Vault pools. Users can simultaneously accumulate free PEA while earning LP APY from their pool of choice. For complete information about PEA pre-mining and using our Vaults, you can follow our official Twitter account [@PinkPeaFinance] for project updates. If you have any questions, you can join our Telegram community [https://t.me/PinkPeaFinanceOfficial] to ask questions and contact our customer service. We are online 24 hours a day to answer any questions. Also, the first PinkPea Finance community airdrop activity ends in 1 days. Users can pick up some PEA by following our Twitter, joining the Telegram community, and visiting our website. There is 5,000 PEA to share. For the latest progress updates on PinkPea Finance, please follow our official channels: Website: https://pinkpea.finance Telegram: https://t.me/PinkPeaFinanceOfficial Twitter: https://twitter.com/PinkPeaFinance Host: From now on, here is you place@PinkPea Finance Assitant. PinkPea Finance Assitant will be posting Quiz questions and as usual, the fastest correct answers win! PinkPea Finance Assistant: Now enter the quick question and answer session. There are 4 questions in this session, and the first 5 correctly answered questions will receive 3 PEA airdrop rewards.

8. Which chain is PinkPea Finance on? (Aurora)

9. What is PinkPea Finance’s native token symbol? (PEA)

10. When was PEA pre-mining started? (Apr 19 8:00, 2022(UTC+0))

11. How many LP mining pools are already online at PinkPea Finance? (12) PinkPea Finance Assistant: Now enter the community interactive questioning session. Guest chose 5 questions to answer, and the selected one will receive 8 PEA airdrop rewards. Q1:Which track do you think has the most potential for future growth? What are the practical applications of blockchain technology, DeFi, and mainstream technology in 5 years? What are your expectations for the market? Peter: I think DeFi has the most potential for growth in the blockchain industry. Although GameFi, SocialFi, NFTs, public chains, underlying infrastructure services, and other areas are popular, I believe DeFi will play the most critical role in blockchain industry development. The second question is too far in the future to answer. Think back five years to how the industry was. We were all optimistic and expected a lot to happen, but it would have been hard to predict where we are now. No one has a failsafe crystal ball. I would like to believe traditional industries will widely adopt blockchain technology on a global scale within five years. I hope that it does not take five years, and the world can start to benefit from this outstanding technology as soon as possible. Q2: What is the next step of Pink Pea finance in Q2 2022? Is there any information that users must keep in mind? Peter: Q2 2022 is exciting! We have many developments coming. PinkPea Finance Vaults will continue to expand as we build more partnerships across the Aurora ecosystem. Our PEA token will officially launch and list on DEXs and CEXs. We will also introduce our vePEA governance token, which coincides with our booster function going live. vePEA token holders can boost their APY by up to 3x! Q3: How do the leverage and derivatives actually work in Pink Pea finance? Peter: Experienced DeFi investors looking to apply leverage can use our Leverage Yield tool once it goes live later this year. Leverage farmers can borrow assets to increase their farming positions, potentially generating higher returns. PinkPea Finance will offer up to 10X. PinkPea Finance also has an innovative industry-first tool, the Infinite Looper. We created the infinite looper so that users enjoy the benefits of leveraged strategies but simultaneously reduce risk. The concept combines looping (staking and borrowing in a loop) with two automatically moving and triggered price barriers that follow the market. When market conditions are favorable, the Infinite Looper will borrow more or repay during a dip and reduce the leverage to prevent liquidation. The Infinite Looper is an innovative set-and-forget strategy that deals with leverage and automatically monitors risk. The Infinite Looper is advanced and has to execute orders quickly to work efficiently. Another reason why the speed of Aurora on the NEAR protocol is significant to us. Q4: What is your strongest advantage that you think will make your team leading the market? Peter: The PinkPea Finance team’s diverse experience is a critical advantage. We come from many different fields and have vast experience working with CEXs and DEXs. Also, our unique one-of-a-kind product offering, like the Infinite Looper, sets us apart from everyone else. Q5: Since NFT is popular nowadays, is there a plan for NFT integration? Peter: We have an NFT reward mechanism as part of our Partner Pools! PinkPea Finance Assistant: Thank you Peter for your wonderful sharing! And thanks to everyone for their active participation! The Winners of PEA airdrop rewards please contact me to register your AURORA wallet address. Thank you. Please stay tuned to PinkPea Finance! We’ll see you next time!

The PinkPea Finance PEA token starts pre-mining on Apr 19 at 8:00 (UTC+0). Users staking in our LP pool Vaults can get:

1.Auto-compounding LP token earnings

2.PEA pre-mining earnings

💰Join our community [https://t.me/PinkPeaFinanceOfficial\] to stay updated with the latest PEA action!

PinkPea Finance is a Fully Integrated DeFi Optimizer. It includes Vaults, Lending, Leverage, Boosting, Partner Pools 5 essential functions. Seven PinkPea Finance LP mining pools are available to stake in, USDC-USDT, TRI-USDT, TRI-wNEAR, wNEAR-ETH, USDT-wNEAR, wBTC-wNEAR, and USDC-wNEAR.

PinkPea Fianace has launched the first round of the Telegraph Community Airdrop activity with over 207,060 users participating. Many users have expressed great anticipation for more features that PinkPea Finance will be online.

Three new PinkPea Finance LP mining pools TRI-AURORA, AURORA-ETH, stNEAR-wNEAR are online at 8:00 (UTC+0) on April 13. Pre-mining of our native PEA token also starts soon!

Here is our LP Mining Tutorial: How do you transfer assets to the AURORA chain? Withdraw the assets you want to stake to a public chain, such as ETH, BSC, AVAX, or the NEAR Protocol, through a centralized exchange. Cross-chain your assets to the AURORA chain using one of the cross-chain bridges listed below. The process of cross-chaining may consume some GAS or suffer some slippage. Please check carefully before cross-chaining.

Cross-chain bridges: （1）https://rainbowbridge.app/transfer （2）https://synapseprotocol.com/ （3）https://app.multichain.org/#/router （4）https://app.allbridge.io/

How do you switch to the AURORA network? Login to the PinkPea Finance website [https://pinkpea.finance], and click [LAUNCH APP] on the top right corner to enter the dApp.

2.Click [WRONG NETWORK] to switch the network to the AURORA chain, then click [CONNECT] to connect to the wallet.

How do you add assets to LP pools to start auto-compounding mining and receiving PEA Token rewards?

Using USDC-USDT as an example:

1.Find the USDC-USDT LP and click [Add Liquidity] to enter Trisolaris and add assets.

2.Enter the quantity you want to add and click [Supply] to start staking and receiving LP rewards.

3.Go back to PinkPea Finance, find the [USDC-USDT LP] pool button, click [MAX] or enter the quantity manually, then click [DEPOSIT] to finish staking your assets.

4.Once started, PinkPea Finance will automatically add your LP revenue to the LP assets you deposited so they compound. You can withdraw your principal and compounded returns at any time.

How do you withdraw the assets you staked?

Using USDC-USDT as an example:

1.If you want to withdraw your assets, you can click on [USDC-USDT LP], enter the quantity, and click [WITHDRAW] to remove your LP assets from the pool.

2.Click [Add Liquidity] to jump to the Trisolaris page.

3.Enter the Trisolaris page and click the [Remove] button.

For more PinkPea Finance project news, please follow: Official website: https://pinkpea.finance Telegram: https://t.me/PinkPeaFinanceOfficial Twitter: https://twitter.com/PinkPeaFinance

PinkPea is proud to announce the strategic partnership with NEAR Protocol to further enhance DeFi opportunities on Aurora.

PinkPea Finance, an Aurora project on the NEAR Protocol eco-chain has officially launched its LP Staking pool today, which includes automatic compounding of LP mining for seven staking pools: USDC-USDT, TRI-AURORA , wNEAR-ETH, USDT-wNEAR, wBTC-wNEAR, AURORA-ETH, and USDC-wNEAR.

What is PinkPea Finance?

By using Aurora as its initial launch chain, PinkPea Finance will subsequently develop on BSC, AVAX, ETH, and many more to pave towards a multi-chain DeFi service platform. PinkPea is a one-stop platform that provides a variety of DeFi services with very simple-to-use interface. Users do not need to switch back and forth between numerous protocols and chains, and ultimately, allowing people to lower costs, save time and generate additional wealth.

PinkPea Finance offers liquidity mining, flexible-rate lending, leveraged yield farming, automatic compounding of various LP assets, and single-sided staking. PinkPea also has innovative functions for holders of their native vePea governance token that allow users to boost their APY even further.

PinkPea Finance also has Partner Pools that offer higher returns than the rewards from regular pools and built an extra NFT-based reward solution. It allows users and partners to align their incentives with PinkPea Finance in a meaningful way that provides mutual benefit for everyone.

As well as maximizing user returns, PinkPea Finance is committed to reducing user risk, which is why it created a set-and-forget Infinite Looper. An advanced PinkPea Finance innovation where intelligent signals trigger bots to either leverage or deleverage your position, automatically maintaining a healthy debt ratio for you during market volatility while passively growing your assets.

Why we choose Aurora?

Being built on NEAR, Aurora provides Ethereum compatibility while maintaining a high scalability, and industry-first user experience through affordable transactions. The almost-immediate finality of transactions (~2 seconds) also means Aurora significantly reduces the risk of preemptive trading (front-running) attacks. NEAR also uses a POS consensus mechanism, meaning Aurora’s on-chain transactions are greener and more eco-friendly. PinkPea Finance building on Aurora delivers lightning-fast, low-cost transactions. This combination creates an unparalleled trading experience not on offer anywhere else in the DeFi cryptoverse.

Learn More

Website: https://pinkpea.finance Telegram: https://t.me/PinkPeaFinanceOfficial Twitter: https://twitter.com/PinkPeaFinance

Currently, most DeFi protocols only offer a single service. For example, lending agreements usually only provide deposit and borrowing services for crypto assets. Borrowers typically need to take the borrowed assets to other DeFi products to find ways to generate alpha. Currently, it is impossible to complete a wide range of operations, such as lending, farming, trading, and financial management, in one DeFi product. This can drive DeFi users to move assets back and forth across multiple DeFi protocols. In addition to the high GAS fees associated with the constant transfer of assets, users have heavy time costs associated with comparing APYs across different DeFi products and tedious operational steps that create a barrier for your average investor.

The market is in dire need of an integrated DeFi platform that can both maximize user revenue and provide users with a one-stop shop for many services, including lending, liquidity mining, derivatives, etc. PinkPea Finance has emerged to fill this gap in the market.

What is PinkPea Finance?

Using Aurora as its launch chain PinkPea Finance will subsequently develop on BSC, AVAX, ETH, and many more to become multi-chain. It provides users with multiple DeFi services in one interface, so they do not need to switch back and forth between numerous protocols and chains. Ultimately allowing anyone to lower costs, save time and generate additional wealth.

PinkPea Finance offers liquidity mining, flexible-rate lending, leveraged yield farming, automatic compounding of various LP assets, and single-sided staking. PinkPea also has innovative functions for holders of their native vePea governance token that allow users to boost their APY even further.

PinkPea Finance also has Partner Pools that offer higher returns than the rewards from regular pools and built an extra NFT-based reward solution. It allows our users and partners to align their incentives with PinkPea Finance in a meaningful way that provides mutual benefit for everyone.

As well as maximizing user returns, PinkPea Finance is also committed to reducing user risk, which is why it created a set-and-forget Infinite Looper. An advanced PinkPea Finance innovation where intelligent signals trigger bots to either leverage or deleverage your position, automatically maintaining a healthy debt ratio for you during market volatility while passively growing your assets.

Being built on Aurora is also a big advantage for PinkPea Finance. The Aurora chain can process thousands of transactions per second, 50 times higher than Ethereum 1.0. Aurora’s processing fee is 1,000 times lower than Ethereum’s. The finality of transactions is 2 seconds, which also means Aurora significantly reduces the risk of preemptive trading (front-running) attacks. NEAR also uses a POS consensus mechanism, meaning Aurora’s on-chain transactions are greener. PinkPea Finance building on Aurora delivers lightning-fast, low-cost transactions. This combination creates an unparalleled trading experience not on offer anywhere else in the DeFi cryptoverse.

PinkPea Finance’s Products and Features

Currently, PinkPea Finance offers five services, Vaults, Partner Pools, Lending, Yield Farming, and an Infinite Looper.

I. Vaults Pools

Single &LP Pools

PinkPea Vaults contain single currency pools and liquidity pools. Users can stake single assets or LP assets, after which they automatically earn compounded returns. Vaults use an algorithm-based automatic income pool that allows users to automatically find optimal APY and use it as a basis for continuous reinvestment and compounding. Users can make deposits and withdrawals with a simple click and incur little to no Gas fees.

PinkPea Finance also gives 40% of the platform’s native PEA token supply as an additional incentive to our users.

Partner Pools

Partner Pools are an upgraded version of Vault’s single & LP pools that offer more rewards to users. Partner Pools effectively increase TVL for partners of the PinkPea Ecosystem and simultaneously raise user awareness of their protocols. Partner Pools also incorporate an additional bonus program using the PinkPea NFT (PPT).

The yield of Partner Pools is higher than standard Vaults, and users can stake in Partner Pools to enjoy more revenue. PinkPea ecosystem partners who want to build Partner Pools must propose their pool to the PinkPea DAO vote. If passed, the Partner Pool will be developed and launched.

II. Lending

PinkPea offers users a DeFi Lending service, where the user can become both a lender and a borrower.

Lenders can deposit their idle funds into PinkPea’s lending pool for borrowers. They can receive two types of income, the borrower’s interest, and mining returns.

Borrowers must stake assets in the platform before borrowing. They can lend different volumes of funds, depending on the staking rate. Once they borrow, they must pay interest and eventually return the funds to redeem the assets they staked. The interest rate of the Lending pool fluctuates according to market demands. PinkPea does not match the borrowed amount one-on-one with the collateral, which means borrowers do not have to borrow the exact amount and value of the collateral.

III. Leverage Farming

PinkPea also offers users a derivatives service that allows experienced traders to leverage and borrow more money for greater returns.

Using leverage means users take on more risk that may lead to asset liquidation in an unfavorable market. Users first need to borrow backed assets from the lending pool in an “under collateralized” mode and choose their desired leverage ratio of up to 10x. This lending model does not support the withdrawal of funds by the user. PinkPea Finance adds the funds into a pool, and farmers receive yield and PinkPea Finance Treasury rewards while simultaneously paying interest on the borrowed amount.

IV. The Infinite Looper

The PinkPea Infinite Looper lets users enjoy the benefits of leveraged strategies but simultaneously reduces risk. The concept combines looping (staking and borrowing in a loop) with two automatically moving and triggered price barriers that follow the market. When market conditions are favorable, the Infinite Looper will borrow more, then repay and reduce the leverage to prevent liquidation when the market retraces. The Infinite Looper is an innovative set-and-forget strategy that allows exposure to leverage and automatically monitors risk. The Infinite Looper is advanced and has to execute orders quickly to work efficiently. The PinkPea Finance bots manage these orders, taking advantage of price increases and simultaneously preventing liquidation.

The PinkPea PEA Token Economy

PEA is the utility token of PinkPea Finance. PinkPea is a DAO and uses vePEA (obtained by locking up PEA tokens) for governance.

The PEA is mainly used as an incentive, for example, the earnings of various types of revenue pools are reflected in the form of PEA tokens. vePEA is primarily focused on a governance role. vePEA holders can vote on proposals and make decisions on the development of PinkPea Finance. vePEA holders can also boost the APY of selected pools by up to 3x. vePEA is obtained from the staking of PEA tokens.

The total number of PEA tokens is 50 million, 60% of which is used to incentivize users to use the agreement and the rest consists of early fundraising (10%), team and technology development (10%), airdrop and early liquidity (5%), advisors (5%) and reserve funds (10%).

Marketing Promotion

The PinkPea Finance protocol will list the LP Staking pool on April 12, which includes automatic compounding of LP mining for the seven staking pools USDC-USDT, TRI-AURORA , wNEAR-ETH, USDT-wNEAR, wBTC-wNEAR, AURORA-ETH, and USDC-wNEAR.  As of April 17, the Vaults section is online with 12 LP auto-compounding pools, including TRI-USDT, TRI-wNEAR, wNEAR-ETH, wBTC-wNEAR, USDT-wNEAR, USDC-wNEAR, USDC-USDT, TRI-AURORA, AURORA-ETH, stNEAR-wNEAR, stNEAR-xTRI, and FLX-wNEAR. Pre-mining of our native PEA token also starts soon!

PinkPea Fianace has launched the first round of the Telegraph Community Airdrop, where users do tasks such as following PinkPea Finance’s official Twitter, joining PinkPea Finance’s official Telegram Community and so on to share 5000 PEA airdrop rewards.

For the latest progress of project, please follow PinkPea Finance official channel:

Website: https://pinkpea.finance

Telegram: https://t.me/PinkPeaFinanceOfficial

Twitter: https://twitter.com/PinkPeaFinance

Follow PinkPea Finance on Twitter and join the Telegram community to pick up some PEA!

Event time:

2022.4.10. — 2022.4.19. 24:00 (UTC+0)

Active rules:

During the activity, users who follow PinkPea Finance on Twitter, retweet the post, join the official Telegram community, and Invite friends to PinkPea.Finance participating in our gleam activity or visiting the PinkPea Finance website will receive a share of 5,000 PEA.

How to participate?

User join to activity link：https://gleam.io/klEni/pinkpea-finance-community-airdrop-5000pea-giveaway

Follow PinkPea Finance on Twitter, retweet the post, and invite friends to PinkPea.Finance participating our gleam activity or visiting the PinkPea Finance website will receive a share of 5000PEA.

PEA release schedule:

PinkPea Finance will release the PEA within seven days after the end of the event to the relevant addresses, which users can view by linking their wallets to the official PinkPea Finance website. The PEA airdrop rewards will unlock when the PEA token is officially released.

Note:

PinkPea Finance screens invited accounts to ensure fairness and will cancel airdrop qualifications if there are suspicious circumstances.

Currently, most DeFi protocols only offer a single service. For example, many lending protocols usually offer only over-collateralized lending services to encourage users to provide liquidity to the lending pool with token rewards. Users who want to continue to put their funds to work for extra gains must switch to a different DeFi protocol to take advantage of another service.

Of course, users also need to track the APY performance of different protocols to ensure optimal returns. Users are often required to switch back and forth between chains with multiple accounts that generate numerous transactions, merely bumping up a few percent here and there. These speed and complexity barriers can cause traders to miss profits, waste time, and create security vulnerabilities.

On the other hand, frequent contract interactions can generate a lot of GAS fees. Ethereum fees at certain times will exceed the revenue generated by moving assets between DeFi protocols. Yet another barrier to genuine wide-scale adoption.

PinkPea Finance is a revenue aggregator built on Aurora. PinkPea Finance provides users with token liquidity mining, flexible interest rate lending, leveraged mining, automatic compounding of various LP assets, single-sided staking, and many other services to help investors maximize their returns.

Members of the PinkPea Finance DAO can also stake our governance token vePEA and boost APY returns by up to 3x.

PinkPea Finance is launching on Aurora, an Ethereum Layer2 network on Near Protocol, which is incredibly fast, low-cost, and secure.

PinkPea Finance's Products and Features

Currently, PinkPea Finance offers five services, Vaults, Partner Pools, Lending, Yield Farming, and an Infinite Looper.

I. Vaults Pools

Single &LP Pools

PinkPea Vaults contain single currency pools and liquidity pools. Users can stake single assets or LP assets, after which they automatically earn compounded returns. Vaults use an algorithm-based automatic income pool that allows users to automatically find optimal APY and use it as a basis for continuous reinvestment and compounding. Users can make deposits and withdrawals with a simple click and incur little to no Gas fees.

PinkPea Finance also gives 40% of the platform's native PEA token supply as an additional incentive to our users.

Partner Pools

Partner Pools are an upgraded version of Vault's single & LP pools that offer more rewards to users. Partner Pools effectively increase TVL for partners of the PinkPea Ecosystem and simultaneously raise user awareness of their protocols. Partner Pools also incorporate an additional bonus program using the PinkPea NFT (PPT).

The yield of Partner Pools is higher than standard Vaults, and users can stake in Partner Pools to enjoy more revenue. PinkPea ecosystem partners who want to build Partner Pools must propose their pool to the PinkPea DAO vote. If passed, the Partner Pool will be developed and launched.

II. Lending

PinkPea offers users a DeFi Lending service, where the user can become both a lender and a borrower.

Lenders can deposit their idle funds into PinkPea's lending pool for borrowers. They can receive two types of income, the borrower's interest, and mining returns.

Borrowers must stake assets in the platform before borrowing. They can lend different volumes of funds, depending on the staking rate. Once they borrow, they must pay interest and eventually return the funds to redeem the assets they staked. The interest rate of the Lending pool fluctuates according to market demands. PinkPea does not match the borrowed amount one-on-one with the collateral, which means borrowers do not have to borrow the exact amount and value of the collateral.

III. Leverage Farming

PinkPea also offers users a derivatives service that allows experienced traders to leverage and borrow more money for greater returns.

Using leverage means users take on more risk that may lead to asset liquidation in an unfavorable market. Users first need to borrow backed assets from the lending pool in an "under collateralized" mode and choose their desired leverage ratio of up to 10x. This lending model does not support the withdrawal of funds by the user. PinkPea Finance adds the funds into a pool, and farmers receive yield and PinkPea Finance Treasury rewards while simultaneously paying interest on the borrowed amount.

IV. The Infinite Looper

The PinkPea Infinite Looper lets users enjoy the benefits of leveraged strategies but simultaneously reduces risk. The concept combines looping (staking and borrowing in a loop) with two automatically moving and triggered price barriers that follow the market. When market conditions are favorable, the Infinite Looper will borrow more, then repay and reduce the leverage to prevent liquidation when the market retraces. The Infinite Looper is an innovative set-and-forget strategy that allows exposure to leverage and automatically monitors risk. The Infinite Looper is advanced and has to execute orders quickly to work efficiently. The PinkPea Finance bots manage these orders, taking advantage of price increases and simultaneously preventing liquidation.

The PinkPea PEA Token Economy

PEA is the utility token of PinkPea Finance, which has two roles: governance and incentives.

PinkPea is a DAO and uses vePEA (obtained by locking up PEA tokens) for governance. vePEA holders can vote on proposals and make decisions on the development of PinkPea Finance.

vePEA holders can also boost the APY of selected pools by up to 3x. In addition, it is also possible to trade vePEA as part of our PinkPea NFT called PPT.

PEA also serves as an incentive token for the PinkPea Finance ecosystem, such as participation in Vaults and other parts of the PinkPea Finance protocol. 

PinkPea is presently fundraising for a runway to help us achieve our PinkPea development goals.

PinkPea Finance is a cutting-edge DeFi optimizer with a complete set of tools to bag alpha gains. Built on the Aurora chain in the NEAR ecosystem, it will launch soon. A new breed of wealth management in the post-DeFi era is about to begin.

PinkPea Finance, the Aggregated Revenue Platform Leading the Post-DeFi Era

While DeFi can provide financial services in a decentralized form for any user holding a crypto account, regardless of time or location, most DeFi protocols do not provide users with a smooth experience. They are often clunky and do not have efficient automated trading to maximize the user's revenue.

Currently, most DeFi protocols only offer a single service. For example, many lending protocols usually offer only over-collateralized lending services to encourage users to provide liquidity to the lending pool with token rewards. Users who want to continue to put their funds to work for extra gains must switch to a different DeFi protocol to take advantage of another service.

Of course, users also need to track the APY performance of different protocols to ensure optimal returns. Users are often required to switch back and forth between chains with multiple accounts that generate numerous transactions, merely bumping up a few percent here and there. These speed and complexity barriers can cause traders to miss profits, waste time, and create security vulnerabilities.

On the other hand, frequent contract interactions can generate a lot of GAS fees. Ethereum fees at certain times will exceed the revenue generated by moving assets between DeFi protocols. Yet another barrier to genuine wide-scale adoption.

PinkPea Finance is a revenue aggregator built on Aurora. PinkPea Finance provides users with token liquidity mining, flexible interest rate lending, leveraged mining, automatic compounding of various LP assets, single-sided staking, and many other services to help investors maximize their returns.

Members of the PinkPea Finance DAO can also stake our governance token vePEA and boost APY returns by up to 3x.

PinkPea Finance is launching on Aurora, an Ethereum Layer2 network on Near Protocol, which is incredibly fast, low-cost, and secure.

PinkPea Finance's Products and Features

Currently, PinkPea Finance offers five services, Vaults, Partner Pools, Lending, Yield Farming, and an Infinite Looper.

I. Vaults Pools

Single &LP Pools

PinkPea Vaults contain single currency pools and liquidity pools. Users can stake single assets or LP assets, after which they automatically earn compounded returns. Vaults use an algorithm-based automatic income pool that allows users to automatically find optimal APY and use it as a basis for continuous reinvestment and compounding. Users can make deposits and withdrawals with a simple click and incur little to no Gas fees.

PinkPea Finance also gives 40% of the platform's native PEA token supply as an additional incentive to our users.

Partner Pools

Partner Pools are an upgraded version of Vault's single & LP pools that offer more rewards to users. Partner Pools effectively increase TVL for partners of the PinkPea Ecosystem and simultaneously raise user awareness of their protocols. Partner Pools also incorporate an additional bonus program using the PinkPea NFT (PPT).

The yield of Partner Pools is higher than standard Vaults, and users can stake in Partner Pools to enjoy more revenue. PinkPea ecosystem partners who want to build Partner Pools must propose their pool to the PinkPea DAO vote. If passed, the Partner Pool will be developed and launched.

II. Lending

PinkPea offers users a DeFi Lending service, where the user can become both a lender and a borrower.

Lenders can deposit their idle funds into PinkPea's lending pool for borrowers. They can receive two types of income, the borrower's interest, and mining returns.

Borrowers must stake assets in the platform before borrowing. They can lend different volumes of funds, depending on the staking rate. Once they borrow, they must pay interest and eventually return the funds to redeem the assets they staked. The interest rate of the Lending pool fluctuates according to market demands. PinkPea does not match the borrowed amount one-on-one with the collateral, which means borrowers do not have to borrow the exact amount and value of the collateral.

III. Leverage Farming

PinkPea also offers users a derivatives service that allows experienced traders to leverage and borrow more money for greater returns.

Using leverage means users take on more risk that may lead to asset liquidation in an unfavorable market. Users first need to borrow backed assets from the lending pool in an "under collateralized" mode and choose their desired leverage ratio of up to 10x. This lending model does not support the withdrawal of funds by the user. PinkPea Finance adds the funds into a pool, and farmers receive yield and PinkPea Finance Treasury rewards while simultaneously paying interest on the borrowed amount.

IV. The Infinite Looper 

The PinkPea Infinite Looper lets users enjoy the benefits of leveraged strategies but simultaneously reduces risk. The concept combines looping (staking and borrowing in a loop) with two automatically moving and triggered price barriers that follow the market. When market conditions are favorable, the Infinite Looper will borrow more, then repay and reduce the leverage to prevent liquidation when the market retraces. The Infinite Looper is an innovative set-and-forget strategy that allows exposure to leverage and automatically monitors risk. The Infinite Looper is advanced and has to execute orders quickly to work efficiently. The PinkPea Finance bots manage these orders, taking advantage of price increases and simultaneously preventing liquidation.

The PinkPea PEA Token Economy

PEA is the utility token of PinkPea Finance, which has two roles: governance and incentives.

PinkPea is a DAO and uses vePEA (obtained by locking up PEA tokens) for governance. vePEA holders can vote on proposals and make decisions on the development of PinkPea Finance.

vePEA holders can also boost the APY of selected pools by up to 3x. In addition, it is also possible to trade vePEA as part of our PinkPea NFT called PPT.

PEA also serves as an incentive token for the PinkPea Finance ecosystem, such as participation in Vaults and other parts of the PinkPea Finance protocol. 

The total supply of PEA is 50 million, distributed as follows.  

PinkPea is presently fundraising for a runway to help us achieve our PinkPea development goals.

PinkPea Finance is a cutting-edge DeFi optimizer with a complete set of tools to bag alpha gains. Built on the Aurora chain in the NEAR ecosystem, it will launch soon. A new breed of wealth management in the post-DeFi era is about to begin.

Sometimes, users use DeFi protocols to gain revenue and maximize that revenue by comparing different Defi protocols. Therefore, this can drive DeFi users to move assets back and forth across multiple DeFi protocols. It is difficult for DeFi users to maximize their revenue in a single DeFi protocol. In addition to the high GAS fees associated with the constant transfer of assets, users have heavy time costs associated with comparing APYs across different DeFi products and tedious operational steps that create a barrier for your average investor.

After an in-depth study of DeFi product offerings and their value propositions, along with the market demands of DeFi users, we found an immediate strong need for a one-stop revenue aggregation platform. PinkPea Finance is born from these market conditions, designed from the ground up to deliver the precise tools investors need to maximize their wealth.

Using Aurora as its launch chain PinkPea Finance will subsequently develop on BSC, AVAX, ETH, and many more to become multi-chain. It provides users with multiple DeFi services in one interface, so they do not need to switch back and forth between numerous protocols and chains. Ultimately allowing anyone to lower costs, save time and generate additional wealth. PinkPea Finance offers liquidity mining, flexible-rate lending, leveraged yield farming, auto-compounding strategies, and single-sided staking. PinkPea also has innovative functions for holders of their native vePea governance token that allow users to boost their APY even further.

PinkPea Finance also has Partner Pools that offer higher returns than the rewards from regular pools and built an extra NFT-based reward solution. It allows our users and partners to align their incentives with PinkPea Finance in a meaningful way that provides mutual benefit for everyone. 

As well as maximizing user returns, we are also committed to reducing user risk, which is why we created a set-and-forget Infinite Looper. An advanced PinkPea Finance innovation where intelligent signals trigger bots to either leverage or deleverage your position, automatically maintaining a healthy debt ratio for you during market volatility while passively growing your assets. 

One-stop revenue aggregators are the future of DeFi, and PinkPea Finance is a pioneer with cutting-edge tools not found elsewhere in the industry.