Market Data & Token Stats
| Fully Diluted Valuation | $3.23M |
|---|---|
| 24H Trading Volume | $4,709 |
| 24H Low / High | $0.3212 / $0.3456 |
| Circulating Supply | 7.29M |
| Total Supply | 10.00M |
| Max Supply | 10.00M |
Market Health Signals
| Vol / MC Ratio | 0.20% Low |
|---|---|
| Circulating Ratio | 72.90% High |
Key Project Information
| Categories | Yield Farming 6 more |
|---|---|
| Founder | Anonymous |
| Website | pendle.magpiexyz.io |
| Socials | 2 more |
| Chains | Ethereum Ecosystem 3 more |
| Explorer | Arkm 6 more |
| Contracts |
0x7de....18715
3 more
|
OGAudit Security Evaluation & Social Audit Metrics
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Penpie (pnp) Expert User Reviews
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$pnp Markets
| Name | Pair | OG Score |
|---|
About Penpie
Penpie (PNP): Enhancing DeFi Yield and Governance with Innovative Tokenomics
Penpie (PNP) is a decentralized finance (DeFi) platform that aims to revolutionize the way users interact with yield farming and governance in the DeFi space. Launched in 2023 by an anonymous team, Penpie is integrated with Pendle Finance, another DeFi platform, to provide users with enhanced yield and governance benefits.
Token Locking Mechanism
One of the key features of Penpie is its focus on maximizing returns for users who hold Pendle (PENDLE) tokens. Through a process called token locking, users can convert their PENDLE tokens into mPENDLE, a Penpie version of the PENDLE token. By doing so, users can earn a higher annual percentage rate (APR) on their holdings, thereby maximizing their rewards.
Vote-Locked PNP: Governance and Revenue Sharing
Furthermore, Penpie introduces the concept of Vote-Locked PNP (vlPNP), which is the platform's governance and revenue-sharing token. Users can lock their PNP tokens to receive vlPNP at a 1:1 ratio. This allows users to earn passive income and participate in the governance of the platform, giving them a say in its future development.
A Platform for Sustainable Growth
Penpie's innovative tokenomics model has attracted attention in the DeFi community for its unique approach to enhancing yield and governance. By incentivizing users to participate in the platform's ecosystem, Penpie aims to create a sustainable and community-driven DeFi platform that benefits all stakeholders.
In conclusion, Penpie (PNP) is a next-generation DeFi platform that offers users innovative ways to maximize their returns and participate in governance. With its focus on token locking and unique tokenomics model, Penpie is set to make waves in the DeFi space.
What is unique about Penpie (PNP)?
Penpie offers an innovative token locking mechanism where users can convert PENDLE tokens into mPENDLE for higher APR, along with a governance token, vlPNP, for passive income and platform governance.
Who are the founders of Penpie (PNP)?
The founders of Penpie (PNP) remain anonymous.
Where can I buy Penpie (PNP)?
You can buy Penpie (PNP) on PancakeSwap (v2), Camelot V3 cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the Penpie Official Website, Penpie GitHub Repository.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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