This is the second example of 1. in Ex. 2.0.3 of Bhatt's notes in perfectoid space.
We define $R^{perf}:= \varprojlim ( \cdots R \xrightarrow{\phi} R)$ where $\phi$ is the Frobenius map.
He claims that $R=\Bbb F_p[t]$ we have $R^{perf}=\Bbb F_p$.
I don't see why.
My thoughts: From the map $\Bbb F_p[t] \rightarrow \Bbb F_p$, $t \mapsto 0$. We get an induced map on limits. Since $\Bbb F_p$ is perfect, $$g:\varprojlim \Bbb F_p[t] \rightarrow \Bbb F_p$$
There is also a canonical $\Bbb F_p \rightarrow \Bbb F_p[t]$, inducing $$h:\Bbb F_p \rightarrow \varprojlim \Bbb F_p[t]$$
I'm guess that these two maps are inverses. Its clear that $hg=id$. However, it is less clear to me why $gh=id$.
The Frobenius map $\phi:\mathbb{F}_p[t]\to\mathbb{F}_p[t]$ is very simple: it's just the map that sends $t$ to $t^p$. So, identifying $\mathbb{F}_p[t]$ with $\mathbb{F}_p[t^p]$ by the obvious isomorphism, we can think of it as just the inclusion map $\mathbb{F}_p[t^p]\to\mathbb{F}_p[t]$. This means that the entire inverse system $$\dots\to \mathbb{F}_p[t]\stackrel{\phi}{\to} \mathbb{F}_p[t]\stackrel{\phi}{\to} \mathbb{F}_p[t]$$ is isomorphic to the inverse system $$\dots \to\mathbb{F}_p[t^{p^2}]\to \mathbb{F}_p[t^p]\to\mathbb{F}_p[t]$$ where the maps are inclusions. The inverse limit of a system of inclusions is just the intersection, so the inverse limit is $\bigcap_n\mathbb{F}_p[t^{p^n}]=\mathbb{F}_p$.
More generally, if $R$ is a ring of characteristic $p$ on which the Frobenius is injective, then a similar argument shows that $R^{perf}$ is the subring of $R$ consisting of elements that have $p^n$th roots for all $n$.