Using Caviar

Unlocking the power of yield with Caviar has never been easier.

Using our vote optimizer and the voting power from the $vePEARL backing Caviar Pearl delivers a projectable rate of return by pulling voter incentives from our exchange and delivering them directly to Caviar stakers. The innovative distribution system allocates a staggering 80% of the voting rewards to Caviar stakers, returning one of DeFi's highest stablecoin yields on a single-staked token.

Earning triple-digit stablecoin yield has never been easier, it just takes three simple steps to get started:

1. Get Caviar

   Buy or mint Caviar on Pearl. Buy with any token supported on the exchange or mint by depositing $PEARL or $vePEARL into our vault.

2. Stake

   Stake Caviar on Pearl to start earning the highest possible daily yield.

3. Claim

   Claim yield any time. Rewards accrue by block and are delivered to your wallet in stablecoins.

Minting or Buying Caviar

• Mint $PEARL → Caviar: Users can mint Caviar with $PEARL 1:1 at any time on Pearl, no fees or any additional costs other than gas on Polygon.

• Mint $vePEARL → Caviar: Users can mint Caviar on Pearl with their $vePEARL NFT. Minting with $vePEARL incurs a dynamic conversion fee influenced by the CAVIAR - $PEARL balance in the stable LP on our exchange.

• Buy Caviar: Swap any token supported on the exchange for Caviar, only paying the standard fees associated with a normal swap plus gas.

Redeeming or Selling Caviar

• Redeem Caviar → $vePEARL: At any point in time, users can redeem Caviar for $vePEARL on Pearl, incurring a 3.5% conversion fee plus gas.

• Sell Caviar: Users can swap Caviar for any token supported on Pearl Exchange, only paying the standard fees associated with a normal swap plus gas.

Earn and Claim Caviar Revenue

• Simply stake Caviar on Pearl to begin earning yield, which is distributed by block and claimable immediately.

• All yield is distributed back to users in stablecoins.

• Claim Caviar earnings whenever it's convenient.