stPEAR-based trading discounts
Staking $PEAR into $stPEAR (1:1, at app.pear.garden/staking) unlocks tiered discounts on your Pear trading fees. The higher your staked balance, the lower your effective fee:
| stPEAR balance | Fee discount | Effective open/close fee |
|---|---|---|
| 10,000+ | 5% | 5.7 bps |
| 50,000+ | 10% | 5.4 bps |
| 100,000+ | 15% | 5.1 bps |
| 250,000+ | 20% | 4.8 bps |
| 500,000+ | 25% | 4.5 bps |
| 1,000,000+ | 35% | 3.9 bps |
| 2,500,000+ | 50% | 3.0 bps |
The discount is applied automatically at execution on your trade account. Pear reads your staked balance when you trade, so the tier updates live as you stake or unstake.
Worked example
The standard open fee is 0.06% (6 bps) of the total position size (Trading fees).
Example: you open a trade for $10,000:
- Default open fee: $6.00 (6 bps).
- Holding 50,000+ stPEAR (10% discount): $5.40.
- At the top tier (50% discount): $3.00.
The discount stacks with the referral discount (see Referrals).
Volume-based rebates ended with the V3 launch and no longer stack on top of stPEAR discounts.
What staking is for now
Fee discounts are one of the current benefits of staking. Under PIP-3 (January 2026), staking no longer earns a share of protocol revenue in ETH. Revenue now flows to weekly $PEAR buybacks, permanent burns, and liquidity provision (70%) and the DAO treasury (30%). Staked $PEAR now provides:
- Tiered trading-fee discounts: this page.
- Access-based benefits: priority entry into Pear vaults.
- Governance weight: staked balance drives voting power on proposals.
Unstaking is subject to an exit-fee taper (20% within 1 day, 5% within 7 days, 1% within 30 days, 0% thereafter), with penalties redistributed pro-rata to remaining stakers. See Staking and PEAR and stPEAR.