🛎️Tokenomics Update - July 2025

In July 2025, after securing governance approval, Pear completed a $4.1m strategic raise from institutional investors.

💸 Deal Structure

Total Raised: $4.1M Token Price: $0.0203 Total PEAR Allocated: 202,005,718 Vesting: 12-month linear vest, starting 28 September 2025 Accrual: Daily (1/365), claim-based, no auto-unlocks

Fairness to Prior Investors: These new tokens begin vesting after the 27 September 2025 unlock, where earlier investors receive their 50% cliff. This sequencing ensures transparency and opportunity for informed decision-making.

This means that on 28 September 2025, an investor in this round receiving say 10M tokens will only get (1/365)% of those = 0.274% of their allocation. There is no ‘cliff’ or upfront amount given unlike in previous rounds. This is to ensure a slow release of their supply and align them with the long-term vision of the team.

🔥 Burn History & Adjusted Total Supply

We’ve consistently removed excess supply through token burns, with additional burns already pre-committed. Here is a breakdown of how that supply has evolved since TGE.

Historical and future burns

25 Dec 2024	10,000,000
31 Mar 2025	49,807,949
17 Jul 2025	10,000,000
27 Sep 2025 (planned)	77,972,523
Total Burned	147,780,472

• Original Max Supply: 1,000,000,000 PEAR

• Adjusted Max Supply: 852,219,528 PEAR

~15% of supply permanently burned, this has come from previous Treasury supply and makes each token more scarce. This completes our commitment to burn an equivalent amount of supply at each major unlock in 2025.

📊 Updated Ownership Breakdown

This strategic round together with the previous burns introduces an updated token distribution pie. Below are the pie charts of the percentage allocation of the original 1bn tokens, and the subsequent percentage allocation of the final circulating supply (once burns have been accounted for. Here is the comparison relative to the original 1BN tokens:

Note that the Early Supporter figure is higher than in previous pie charts due to more people completing the Tide tasks before the deadline. The team and advisor allocation has come down since then to reduce supply overhang. And here relative to the final circulating supply:

🧩 TL;DR

• A $4.1M round brings in strategic partners aligned with the Pear ecosystem

• These investors paid $0.0203 (a 15% premium to the price over a 30 day lookback window), and vest linearly starting 28 Sept 2025

• Prior investors unlock before this round begins vesting

• PEAR supply has dropped from 1B → 852.2M via aggressive burns

• Emission schedule and ownership pie have been restructured transparently and fairly