Swap ETH for pETH, one to one, on Robinhood Chain.
You mint at the live rate, which starts at exactly 1 ETH = 1 pETH, and you can withdraw back to ETH at the current rate anytime. No lock-ups, no waiting.
pETH details
You mint at the live rate, which starts at exactly 1 ETH = 1 pETH, and you can withdraw back to ETH at the current rate anytime. No lock-ups, no waiting.
The yield is real rent. The properties behind pETH are leased, and the rent they collect is paid into the vault, so every pETH is worth a little more over time.
Every pETH is redeemable for the ETH held in the vault. The yield on top comes from real properties: as rent is paid and property values rise, that gain is returned to the vault. The rate only ever reflects ETH that is actually there — it is variable and not guaranteed.
Rent and property gains are paid into the vault as ETH. This mints no pETH, so it raises the redemption value of every pETH holder. Anyone can top up; typically only the protocol does.
© Pear Protocol · [ pETH ] · MAINNET
1 ETH = 1 pETH. Backed by real property,
paid by real rent.
Swap ETH for pETH, one to one. Behind every pETH are real properties: the rent they collect and the value they gain are paid into the vault, so your pETH is worth more ETH over time, and you can withdraw at the current rate anytime.
Every pETH starts at exactly 1 ETH. The properties behind it earn rent and rise in value, and that is the yield you earn.