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Frequently Asked Question

How does a stablecoin de-peg affect the system?

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A de-peg occurs when a stablecoin loses its parity to the reference asset.

In Perena Pools, if a stablecoin depegs, LPs may incurs losses proportional to the pool's exposure to that asset⁠. For instance, consider the Seed Pool, consisting of 45% USDC, 35% USDT, and 20% PYUSD. If PYUSD de-pegs to $0.50, the LP token value will drop to $0.90 (calculated as 1 - (0.2 × 0.5)).

What are the sources of yield in different pools?

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All pools earn yield from swap fees. In the case of Growth Pools, they include the base yield from the Seed Pool (USD*) and additional yield from swap fees of each Growth Pool.

Do I get different yields depending on which stablecoin I deposit?

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No. When you deposit any supported stablecoin into the Seed Pool, you receive USD* which earns the same yield regardless of your initial deposit asset. The only difference might be in the initial price impact when converting your stablecoin to the required pool ratios, reducing the amount of USD* minted.

How is slippage handled?

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Default slippage settings are shown in the UI

Users can customize slippage tolerance

Recommended settings are provided

Price impact is displayed before confirming transactions

As a liquidity provider, do I need to manually claim the yield?

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No. All swap fees (i.e., yield) automatically accumulate in the pool's reserves, increasing its total value. As the pool collects fees, LP token values rise proportionally, giving liquidity providers auto-compounded yields without operational overhead.

What happens when then stablecoins in the stablecoins in the pools are deviated from its target weight?

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Transactions that shift an asset's current weightage further away from the target weightage incur higher price impact while transactions that shift it closer to the target weightage will receive a premium — you can get more than 1 of another stablecoin.

How do I get help if I need it?

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Our support team is ready to help in our Discord.