πŸ›οΈOther benefits to tokenholders

In addition to the staking benefits, the $PEAR token also rewards loyal participants in the trading ecosystem.

There are significant fee discounts available if the wallet holds a certain amount of staked Pear tokens (stPEAR)

Amount of sPEAR

Fee Discount

10,000

5%

50,000

10%

100,000

20%

250,000

30%

1,000,000

40%

2,500,000

50%

These are automatically applied at point of execution on the Isolated and Cross (Orderbooks) mode. Say a user entered a trade for $10,000. The open fee by default would have been $13 If this user held say 50,000 s$PEAR tokens, they would only pay 0.9*$13, = $11.70 of fees (10% discount). Of this $11.70: 80% to Staking pool = $9.36

20% to Treasury = $2.34 Thus, the 'net' amount of $9.36 (after considering discounts) is eligible for $PEAR stakers.

As of 25 September 2024 fee discounts are not automatically applied on the Intents engine as that product is still in beta.

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