Staking
Staking converts $PEAR into $stPEAR (staked PEAR) at a 1:1 ratio on app.pear.garden/staking. stPEAR is non-transferable and acts as a position marker for your stake.
Why stake
Under PIP-3 (ratified January 2026), staking no longer earns a share of protocol revenue in ETH. Revenue now flows to weekly $PEAR buybacks, permanent burns, and liquidity (70%), with 30% to the DAO treasury. Staking $PEAR into $stPEAR instead provides:
- Fee discounts: up to 50% off fees based on your staked balance (stPEAR-based trading discounts).
- Vault access: priority entry into Pear vaults.
- Governance weight: your staked balance drives voting power on proposals (DAO & Governance).
Exiting a stake
Unstaking stPEAR back to PEAR is subject to a stepped exit fee taper based on how long the stake has been held:
- 20% if held 0-1 days
- 5% if held 2-7 days
- 1% if held 8-30 days
- 0% if held 31+ days
Example: stake 10,000,000 PEAR and unstake after 1 day. A 20% exit fee applies, so you redeem 8,000,000 PEAR. The 2,000,000 stPEAR paid as the exit fee is redistributed pro rata to remaining stakers, so longer-term stakers accumulate extra share as early exits occur.
There is no minimum stake. You can stake any amount and add to your stake at any time. Each addition is a separate entry in the staking queue with its own timestamp.
Staking is not permitted in Restricted Territories. The staking interface is geo-blocked for users in Restricted Territories, and there is an opt-in confirmation at the point of staking. See Restricted Territories.