# Earn yield

Get a complete overview of Earn products at <https://perp.com/earn>

## Hot Tub

Launched in early 2023, Hot Tub lets you earn arbitrage income using automated on-chain vaults.

Simply choose your asset, deposit, and relax. The automated vaults take advantage of price variations between the Perp DEX and onchain spot markets, all in a trustless, decentralized way.

Start earning now at <https://vaults.perp.com/>

## Staking

{% hint style="warning" %}
Staking is currently connected to Perp v2 and does not recieve fees from Perp v3. For now we suggest looking at Hot Tub options above for better yield short term.
{% endhint %}

The classic way to earn yield.&#x20;

Lock PERP tokens in Lazy River, Perpetual Protocol's staking system, to earn a share of protocol revenue.

Lazy River uses the ve system pioneered by Curve (with max 1 year lock):&#x20;

* If you lock 1 PERP for up to 52 weeks (1 year) you will have 1 vePERP. Rewards are distributed based on how much vePERP you hold relative to the pool.&#x20;
* Your amount of vePERP decays as time passes, so that at 26 weeks 1 PERP = 0.5 vePERP, at 13 weeks 1 PERP = 0.25 vePERP, etc.
* You cannot unlock staked PERP early.
* Staking is only available on Optimism.

For more info and to stake PERP, visit [https://token.perp.com](https://token.perp.com/)


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