Welcome to Perena: Your Stablebank

Perena is a decentralized financial protocol on Solana that offers USD STAR (USD*), a yield-bearing digital dollar. USD* is fully collateralized and earns yield from diversified, real sources such as delta-neutral strategies and secured borrow-lend market positions. Its value grows automatically, making it a simple, secure way to save on-chain.

USD* is fully collateralized by a diversified portfolio of yield-generating assets and positions, including:

Delta-neutral hedged positions on centralized and decentralized exchanges (e.g., BTC, ETH, SOL)

Secured borrow-lend market positions involving on-chain stablecoins

Real-world assets, such as the reinsurance fund by OnRe

Perena actively manages asset allocation and diversifies across multiple strategies to reduce single points of failure and optimize for sustainable, consistent yield performance.

Built on Solana’s high-performance blockchain, Perena is creating a liquid, yield-bearing digital dollar that anyone can access with a sustainable, risk-managed approach.

Looking ahead, Perena is building a full suite of on-chain stablebanking products to expand access to real yield across crypto and traditional finance. The goal is a sustainable financial experience for anyone to transact, save, and invest on-chain.

Perena is founded by a team of builders from the Solana ecosystem with backgrounds in TradFi and DeFi. We believe deeply in pushing financial architecture forward — and in doing it with transparency, resilience, and speed.

We’re backed by some of the best in the world, including:

• Solana co-founders Anatoly Yakovenko and Raj Gokal

• Investors from Citadel, Jane Street, IMC, and Susquehanna

• Borderless Capital, Binance Labs, Primitive Ventures, Maelstrom, Anagram, Breed, and others

Perena was a sponsor of the Colosseum Hackathon Stablecoin Track, helping fund the next generation of stablecoin projects on Solana. Our growing community spans over 20,000 developers, users, and builders aligned around one goal: reinventing how money works.

What You’ll do

• Determine optimal entity structure across jurisdictions, decide on RIA/BD/alternative paths, and manage regulatory risk as our primary legal concern

• Evaluate and optimize our current multi-entity setup for compliance efficiency, cost, and risk mitigation

• Create internal processes for contract review, entity management, employment across jurisdictions, and compliance

• Operate in areas where there isn't clear precedent - research, analyze, and make defensible recommendations on novel regulatory questions

• Support fundraising, investor relations, and corporate structuring from a legal and compliance perspective.

What We’re Looking For

• 3+ years legal experience: ideally mix of law firm and in-house

• Deep expertise in ONE of: structured products, fund formation (SPVs, statutory trusts, fund-of-funds), securities law, or RIA/BD regulatory work

• Willingness to learn: you bring expertise from traditional finance or crypto, but you're willing to learn the other side

• Independent thinking: you can research novel questions and form defensible views, not just follow what others did

• Startup mentality: you're comfortable being the only lawyer in the room and owning multiple workstreams

Nice to Have

• Experience at top law firm + in-house experience

• Background at fintech, funds, asset managers, or crypto companies

• Familiarity with decentralized finance (DeFi), tokenomics, and other key blockchain concepts.

• Familiarity with AML/KYC requirements and compliance frameworks

• Multi-jurisdiction entity management experience

• Based in NYC or willing to travel

Why Perena?

Stablecoins are transforming how the world stores, moves, and grows value — and we’re still early. This is a once-in-a-generation shift: from legacy money to programmable, accessible, internet-native finance. Building here isn’t just technically interesting — it’s globally meaningful.

We own our future — we trust each other to take initiative. Voices are heard and outcomes matter.

We treat our work as craft — thoughtful, opinionated, and precise.Many of us come from design, art, or cultural backgrounds.

We think from first principles — Perena is a reimagining of financial infrastructure. That starts with reimagining how we build.

We work in public — we value clarity, writing, and sharing progress openly within the team and with our community.