Home New on CoinGecko Pegasus Finance Takes Off!

Pegasus Finance Takes Off!

It's wonderful to know the status of your investment, right?

Pegasus Finance Takes Off! iBase Trading.
iBase Trading Crypto News

It’s wonderful to know the status of your investment, right? This is precisely what Pegasus Finance provides – a technology that enables traders to bet on DeFi yields and interest rates perpetually.

Pegasus Finance is an interest rate market that allows users to take leveraged long and short positions on interest.

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The PEGA cryptocurrency is now accessible for trading on exchanges.

Tokenomics

Pegasus is a pioneer of Peganomics, a new tokenomics paradigm that allows users to stake NFTs (PegaPals) and level them up to earn a larger share of protocol revenue. Peganomics aims to increase protocol adherence by compensating users according to their level of conviction.

Pegasus Finance features a dual asset method for producing a rewarding trading process that is entertaining. PegaPals is a non-fungible token (NFT), and the $PEGA token is its corresponding cryptocurrency.

You will be able to level up your PegaPals through the consumption of $PEGA tokens. Since leveling consumes 100 $PEGA tokens, users with big staked holdings must consume liquidity. As NFTs are less liquid than ERC-20s, this facilitates long-term yield-farming techniques.

Features

PegaPals are now also accessible through BakerySwap, an open-source DeFi system that allows users to exchange and swap tokens, similar to Uniswap. BakerySwap is the Binance Smart Chain’s (BSC) first notable food-related DeFi firm.

Furthermore, Pegasus Finance offers a Squeeth Funding Rate. This allows traders to obtain the convex return profile of options without having to worry about their expiration dates. People might be bullish or bearish on Squeeth.

In exchange for the perpetual convex return profile, long Squeeth investors pay short Squeeth holders a funding rate every couple of hours.

Buying Guide

To buy Pegasus Finance (PEGA) on the vast majority of cryptocurrency exchanges, you will need Bitcoin (BTC) or Ethereum (ETH) in your wallet already. The good news is that Coinbase facilitates the purchase of both cryptocurrencies by credit card and bank account.

The initial step is to create a Coinbase account. Please enter a valid, secure email address, as this will be used in the future to sign in to your Coinbase account. Additionally, when the opportunity for two-factor authentication (2FA) appeared, use it to increase security.

After creating an account on Coinbase, you can now purchase your first Bitcoin (BTC) or Ethereum (ETH). Determine the amount you wish to invest. Realize that you will not be purchasing an entire coin, but rather a piece of a coin.

You can now invest in Pegasus Finance using Bitcoin or Ethereum (PEGA). Ensure that the wallet ID you receive corresponds to the money you purchased on Coinbase. The good thing is that they provide a link to follow the transfer in your Coinbase account.

After your transfer is confirmed, it should be in your exchange’s account and ready to buy Pegasus Finance (PEGA).

Moreover, it is prudent to monitor your investment. Despite the fact that the exchange where you bought Pegasus Finance handles this for you, using a third-party website or app makes the process significantly simpler.

“The views and opinions on this Crypto News Website are solely those of the authors and contributors. These views and opinions do not necessarily represent those of iBaseTrading or its partners.”

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Angela Lopez stepped into the Cryptocurrency world after her Journalism career and hasn't looked back since, writing about anything crypto-related. She started working with iBasetrading in October 2011.