🍐⚡️ Liquidity migration to JUIX DEX 🧃

In this Medium Blog we explain you all how to migrate your liquidity to the PearZap DEX. This guide is the same for all our 3 covered chains: Polygon, BSC and Fantom.

🚀 Migration planning and details 🚀

This 18th of November, Pearzap will start the $PEAR liquidity migration from WaultFinance and ApeSwap DEX to our own Pearzap DEX; JUIX. You can read more about our plan in our previous Medium blogpost here : https://pearzap.medium.com/introducing-the-pearzap-dex-and-our-new-backup-token-for-pear-juix-4680923e7b45

Update: on the 29th of November at 10 AM UTC we start the launch of the JUIX BETA DEX on BSC and Fantom. This also means the liquidity migration on both BSC and Fantom will start at 10 AM UTC.

This migration will be executed in 2 phases.

Migration Phase 1

This 18th November at 1:30 PM UTC, we will make the following changes into farms and pools configuration:

Update: The 29th of November we, will make the following changes into farms and pools configuration:

  • Reduce the PEAR emission on the native farms: PEAR-WMATIC (Wault LP and Apeswap LP), PEAR-USDC (Wault LP), PEAR-WEXPoly (Wault LP)

Update: Reduce the PEAR emission on the native farms on BSC and Fantom.

  • Reduce the PEAR emission on the non native pools: WMATIC,WETH,WBTC,USDT,USDC. Emission of these pools will be cut by 50%. This is part of our plan to reduce sell pressure on $PEAR from the non natives pools. Important note : These pools will be stopped (APR=0%) on the 24th of November. (read our previous blog for more information)

Update: Reduce the PEAR emission on the non native pools. Emission of these pools will be cut by 50%. This is part of our plan to reduce sell pressure on $PEAR from the non natives pools. Important note : These pools will be stopped (APR=0%) on the 30th of November.

  • Introducing 2 new native farms: PEAR-USDC and PEAR-WMATIC on our own Pearzap DEX. These 2 farms will have crazy APRs in the first hours of migration, so get ready to be first so you can grab more $PEAR ;-)

Update: Introducing 2 new native farms: PEAR-WBNB and PEAR-BUSD, PEAR-WFTM and PEAR-USDC on our own Pearzap DEX. These 2 farms will have crazy APRs in the first hours of migration, so get ready to be first so you can grab more $PEAR ;-)

Migration Phase 2

This 19th November at 2 PM UTC, we will make the following changes into farms configuration:

Update: This 30th November, we will make the following changes into farms configuration:

  • We will stop the $PEAR emission on the native farms at WaultFinance and Apeswap: PEAR-WMATIC, PEAR-USDC, PEAR-WEXPoly. It means no more APR (0%) for these farms. Don’t panic if you’re not available at this time, you’re liquidity (LPs) will be available whenever you want to unstake into the inactive tabs : https://app.pearzap.com/farms/history

Update: We will stop the $PEAR emission on the native farms at WaultFinance, Spiritswap and Apeswap. It means no more APR (0%) for these farms. Don’t panic if you’re not available at this time, you’re liquidity (LPs) will be available whenever you want to unstake into the inactive tabs.

❓How to migrate my liquidity (LPs) from WaultFinance and Apeswap to Pearzap DEX ? ❓

This whole process will be tax free! It means that removing your liquidity from WaultFinance and Apeswap won’t be taxed by the $PEAR burn transfer tax (2%) and adding $PEAR liquidity to our own DEX will never be taxed.

Update: everything Polygon related also applies on Fantom and BSC for the Following steps.

Step 1 : Unstake from the farms

Confirm the tx into your wallet.

Step 2 : Dissociate the LP with no tax

Surf to our DEX: https://exchange.pearzap.com/

Select the DEX

Select your pair (LP)

Do the approval

Choose max

Press “Dissociate” and validate the tx into your wallet

Follow these links to enter the ‘add liquidity’ tab of the PearZap DEX to add fresh and juicy new liquidity ;-)

Follow the steps on the DEX interface to add liquidity without being taxed

The last step is: farming your lovely LPs on https://app.pearzap.com/farms ;-)

❗️ NOTE: those who staked $PEAR in the manual pool or auto compounding pool don’t need to do anything (nothing changes for them). ❗️

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