Kona Pearl
Overview
Kona Pearl (PEARL) is the reward token that controls point emission allocation across Kona Lend and Kona Swap, and is your ticket to earning protocol rewards from fees generated on the Kona platform. PEARL is minted by burning points and KONA, creating a deflationary pressure on KONA supply with every mint.
To put your PEARL to work, you must add liquidity to the PEARL-WETH pair on Kona V2 and lock the LP tokens to begin earning.
Core Mechanics
Minting PEARL
100 points + 1 KONA → 1 PEARLPoints: Consumed from your earned balance
KONA: Burned permanently (sent to dead address)
PEARL: Minted to your wallet
The KONA burn is fixed at 1 KONA per mint transaction, regardless of how much PEARL you mint. Minting 100 PEARL or 10,000 PEARL costs the same 1 KONA.
Minimum Mint
100 points minimum per transaction
No maximum limit
Difficulty Adjustment
The cost to mint PEARL increases over time.
Every PEARL mint burns 1 KONA from a fixed supply. As KONA becomes scarcer, its market price rises. As KONA price rises, the cost to mint PEARL rises.
This creates a self-regulating system. Early participants access governance at costs that become unreachable as supply burns down.
Token Details
Name: Kona Pearl
Symbol: PEARL
Type: ERC-20
Chain: Abstract
Max Supply: Uncapped (gated by KONA availability)
PEARL-WETH LP Staking
Kona’s staking lets you deposit PEARL-WETH LP from Kona V2 and earn a pro-rata share of protocol fees from Kona Swap and Kona Lend. Rewards are streamed continuously and paid in WETH, USDC, and PENGU; you can claim anytime while your LP remains staked and earning. To exit, you start a cooldown (default 7 days); LP in cooldown stops earning until you withdraw to your wallet or cancel the cooldown to restake. The staking contract is PearlLPStaking on Abstract mainnet (chain ID 2741).
Contract addresses
PearlLPStaking
0x2e789760Bf3399bBAeD8Eaacdebf23D0e4bcAc8a
PEARL-WETH LP (staking token)
0x3f37dd7FfdDFC56eB310956FAE11800092B19dc2
WETH (reward)
0x3439153EB7AF838Ad19d56E1571FBD09333C2809
USDC (reward)
0x84A71ccD554Cc1b02749b35d22F684CC8ec987e1
PENGU (reward)
0x9eBe3A824Ca958
Contracts
PEARL Token
0x792CF0A64a46DbB48CA414DFf20DcD341812579e
Pearl Minter
0x92C18C91Ad1356DDEA429Bf5C49949489Cea4608
How to Mint
Earn points by depositing on Kona Lend or LPing on Kona Swap
Acquire at least 1 KONA
Navigate to the PEARL minting interface
Enter amount of points to convert (minimum 100)
Approve KONA spend
Confirm transaction
PEARL is minted to your wallet, KONA is burned
FAQ
Can I get my KONA back after minting PEARL? No. KONA is burned permanently. This is not a lock or stake.
What happens when all KONA is burned? New PEARL creation stops. Existing PEARL holders retain permanent governance control over emissions.
Can I sell PEARL? Yes. PEARL is a standard ERC-20 token tradable on Kona Swap.
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