Yesterday I came across the $PEAR network and it's BSC farm shows 4314.35% APR. That is 11.82% per day!
Too good to be true I said. So I did some digging, here is what I found:
- Ambitious group, wanting to be the 3rd biggest DEX
- Operate both on the Polygon and BSC network
- Maximum of 60.000.000 $PEAR to be minted, some of which are already in a burnwallet
- There were claims of rug pull (undefined address), which has been clarified
- Audited, including CERTIK
- To prevent pump-and-dump mechanics, 50% of the harvests on BSC are stored in a harvest locker and released over a 7 week period. Polygon also had the harvest locker and just finished it.
- Significant roadmap, with multiple new functionalities
- To encourage Polygon users, they have a MATIC faucet, providing you free MATIC ( 0.0005 to be precise, enough for 100+ transactions).
No immediate red flags and any that were raised have been addressed.
It's still early days, but I'm very bullish about it and will start exploring it more.
Here's a link to the Polygon network
Here's a link to the BSC network
Is anybody else using it so far?
