Tokenomics
DAO & Governance
Pear Protocol is governed by its tokenholders through off-chain voting on Snapshot: s:pearprotocol.eth.
- Proposals: protocol decisions (such as PIP-3, the revenue-model change ratified in January 2026) are proposed and put to a vote in the Snapshot space.
- Vote weight: your $stPEAR balance drives voting power.
- Scope: Snapshot voting is off-chain signalling; there is no governor contract. Tokenholders signal direction and the team executes.
The DAO also has a direct economic stake in the protocol: under PIP-3 (ratified January 2026), 30% of protocol revenue goes to the DAO treasury, with 70% applied to weekly $PEAR buybacks, permanent burns, and liquidity.