Each week, vePEARL holders earn bribes and trading fees by voting on how to distribute PEARL emissions across different pools. 36 hours left to cast your votes and earn rewards 🗳️

131% Total APR Paid in Stablecoin Is this a dream? No, it's just Caviar 🧑‍🍳 With $CVR, you can earn the same yield from managing vePEARL locks and voting each week, simply by staking a single token.

New week, new farming opportunities🌾 $RWA is rapidly climbing the ranks, now offering a 145% APR in $PEARL + an additional 18% from $RWA S2 rewards.

Activity on Pearl remains steady, generating consistent volume and fees 🌊 vePEARL holders who voted on pool emissions distribution enjoyed an Average Voting APR of 157% this week 🤿

With $PEARL increasing in value and changes to the point multipliers in the re.al Rewards Program S2, the yields on Pearl look quite different from last week 👀 Hint: They're looking better 🌊

Pool Spotlight 🔦 Pair: RWA/reETH APR: 377% (359% in $PEARL + 18% in $RWA Rewards) - RWA is the governance token of the re.al ecosystem, and it is the first L2 token to capture of the value of the chain and its protocols, and return it to holders. - reETH is the native

In anticipation of launch, the minting fee on vePEARL to CVR has been temporarily reduced to zero. If you’re interested in minting vePEARL to $CVR to use this new product, that can be done now at zero fee.

MORE PEG STABILITY MODULE (PSM) The $MORE PSM will support peg stability through simplified arbitrage benefits, more efficient AMO and deeper MORE liquidity via direct minting, allowing users without an open position on Stack to more easily capture MORE liquidity rewards.

How It Works: $MORE will be minted 1:1 with $USDC and redeemed 1:1 with USDC. 50% of MORE minted with USDC is kept for redemptions. When MORE is under peg, it can be purchased and redeemed 1:1 for USDC to regain peg. *Redemptions are not guaranteed and based on USDC supply.

The remaining 50% is deposited into the $MORE AMO. The AMO can mint or sell existing MORE into pools when MORE > $1.00. When MORE is under peg, it will deploy stables to buy MORE and regain peg. And deeper liquidity from $USDC minting is a peg stability mechanism in itself.

UNI v2 POOLS AND LEVERAGE FARMING Pearl will soon deploy Uni v2 style pools for selected tokens, intended to support new leverage farming opportunities on re.al, beginning with MORE - USDC. All liquidity deposited and staked in v2 pools will earn rewards.

v2 pools allow us to integrate a new partner. Impermax Finance, who offer leverage LP farming on 12 chains, will add these new pools on re.al. Combined with increased emissions value, leverage farming will help deepen liquidity on strategic ecosystem products.

NEXT STEPS Development is in-progress on all of the items above. Deployment/migration details will be shared once launch timing is confirmed. We’re excited to keep building and our efforts to grow re.al into one of the most unique L2 ecosystems in DeFi.

Epoch 39 brings fresh updates 🤿 • A new USDC/PEARL pool is live and is capturing the majority of PEARL emissions this week, offering a 381% APR • $RWA rewards now accrue only on pools featuring UKRE, MORE, and arcUSD. All other pools will receive PEARL emissions only A few

As the value of PEARL emissions rises, the importance of vePEARL grows with it 🌊 By locking PEARL into vePEARL, you not only earn weekly voter rewards for casting your votes, but also gain the power to direct PEARL emissions to your chosen pools.