LogoLogo
  • Introduction
    • Pearl Exchange
    • Strategic Partnership
    • Team
    • re.al Network Details
    • Protocol Guides and Videos
      • How to Add Liquidity
      • How to Lock PEARL and Vote on Pools
      • How to Use Caviar
  • Tokenomics
    • Ecosystem Tokens
    • Initial Supply and Distribution
    • Emissions Schedule
  • DEX Operations
    • Supported Tokens
    • Concentrated Liquidity
      • Providing Liquidity to Pools
      • Active Liquidity Management
        • đź”± Trident by Pearl
        • ICHI
      • Swaps and Range Orders
      • Rewards
    • Stable Swap (SS) Pools
    • Pool Voting & Incentives
    • Technical
      • Swaps
      • Smart Contracts
      • Technical Reference
    • Contract Addresses
      • Contract Addresses v1.5
      • Contract Addresses v1
  • CAVIAR
    • Introduction
    • Overview and Glossary
    • Using Caviar
    • sCVR and csCVR
    • Fees and Formulas
    • Ecosystem Support
    • Contracts, Addresses and Security
  • The Pearl Flywheel
    • Protocol Incentives
    • The DEX Death Spiral
    • The Pearl Flywheel
  • Protocol Details
    • Security & Audits
    • Governance
    • Official Links
Powered by GitBook
On this page
  1. Introduction
  2. Protocol Guides and Videos

How to Use Caviar

PreviousHow to Lock PEARL and Vote on PoolsNextEcosystem Tokens

Last updated 11 months ago

Using Caviar: Step-by-Step Guide

  1. Make sure you are on the .

  2. Click on “Connect Wallet” and select your preferred wallet.

    1. In this demonstration, Metamask is selected. Note that using other wallets might result in different prompts in your wallet.

  3. Confirm the connection in Metamask.

  4. As Caviar is a liquid wrapper for vePEARL, it simplifies the process of managing vePEARL locks and voting by giving out the generated yield in a simple way. By staking CVR, users get back USTB rewards distributed by block. You can acquire CVR in 3 ways:

    1. Buy CVR with any token as you would normally do on Pearl. This just incurs in the standard swap fee.

    2. Mint CVR with PEARL at 1:1 rate.

    3. Mint CVR with vePEARL. This converts illiquid, locked vePEARL positions into a liquid ERC-20 token, incurring a dynamic conversion fee influenced by the CAVIAR - PEARL pool liquidity.

  5. After acquiring some CVR, you can now click on “Stake” under “Caviar wallet balance” to start earning USTB rewards. Input the amount of CVR you wish to stake, approve the token spending and execute the transaction.

  6. Your CVR is now staked. You can collect USTB rewards at any time by clicking on “Claim”.

Caviar page