Penpie

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Penpie Yield Optimizer
What is Penpie? Read this article for all you need to know about this yield optimizer.

What is Penpie?

Penpie is a DeFi protocol that acts as an enhancement tool for Pendle Finance, which is a DeFi platform for earning yield on crypto.

Making the most out of Pendle requires a long-term commitment and involves complex processes. So, Penpie has been built on top of Pendle to simplify things by offering multiple tools for users to increase their potential returns.

Key among its offerings is the ability to convert regular Pendle tokens (PENDLE) into a special form known as mPENDLE. This process boosts the income users can earn from holding these tokens. 

Penpie also enables users to provide liquidity by depositing their assets into the platform in return for enhanced rewards. But unlike the original Pendle platform, users don’t need to lock their Pendle tokens. 

Lastly, Penpie provides an avenue for those looking to participate in governing Pendle Finance. To do so via Penpie, users are required to lock the protocol’s native token (PNP). 

Generally, Penpie simplifies and maximizes the earnings and governance participation within Pendle Finance for all users, regardless of the investment size. This is achieved through various unique features and processes.  

Here are the Penpie analytics. Don't miss the full article for the rest of the need-to-know information on this yield optimizer.

What is unique about Penpie?

What's unique about Penpie? Here are 5 unique characteristics. Don't forget to read the full article for more helpful information.

Penpie’s most defining features include;

  • Multiple Token System: Penpie uses multiple tokens. These include PENDLE, mPENDLE, PNP, and vlPNP. Each has a unique function within the system.
  • Yield Enhancement for Pendle Finance: Penpie offers ways for Pendle Finance users to enhance their yield, maximizing return on investment (ROI). 
  • Revenue Share Model: Penpie has a distinct revenue share model that distributes income from boosted yield farming among liquidity providers, mPENDLE holders, and vlPNP holders.
  • The Penpie Bribery Market: This innovative market allows vlPNP holders to influence the distribution of PENDLE tokens, supporting the sustainability and growth of Pendle Finance.
  • Decrease in PENDLE Circulating Supply: By converting PENDLE into vePENDLE, Penpie helps decrease the sell pressure of PENDLE tokens in the market, thereby aiding in its price stability.

These offer users a wide range of opportunities to participate in DeFi. 

What can I use Penpie for?

  1. Yield Farming: You can stake mPENDLE on Penpie to earn a share of the revenue in the form of PENDLE and ETH, thus boosting your yield.
  2. Locking PENDLE Tokens: You can also convert your PENDLE tokens to mPENDLE, which Penpie will lock as vePENDLE on Pendle Finance, offering you increased rewards.
  3. Earning Passive Income: You can earn passive income through enhanced yields.  
  4. Increasing Liquidity Provider Rewards: Liquidity providers can use Penpie to gain increased rewards without needing to lock PENDLE.
  5. Managing Yield Strategy: Splitting yield-bearing assets into separate tokens allows you to execute advanced yield strategies. These include purchasing assets at a discount or securing a fixed yield for low-risk, stable growth.

Leaderboard

Only Top 10 users qualify for monthly $100 drawing.

RankPoints
Trophy1
Jillianne R.
Diamonds119
Trophy2
Phillip W.
Diamonds119
Trophy3
Baffa O.
Diamonds119
Trophy4
James C.
Diamonds119
Trophy5
Male T.
Diamonds119
Trophy6
Ron B.
Diamonds119
Trophy7
Moses O.
Diamonds119
Trophy8
Saifu A.
Diamonds119
Trophy9
Lidya I.
Diamonds119
Trophy10
Kofi K.
Diamonds119
Trophy11
Mustafe O.
Diamonds119
Trophy12
Musa S.
Diamonds118
Trophy13
Dany T.
Diamonds118
Trophy14
Lalisa F.
Diamonds118
Trophy15
Ernest L.
Diamonds118
Trophy16
Eric A.
Diamonds118
Trophy17
John P.
Diamonds118
Trophy18
David D.
Diamonds118
Trophy19
Barry S.
Diamonds118
Trophy20
Genuine C.
Diamonds118
Trophy21
Dan B.
Diamonds118
Trophy22
James A.
Diamonds118
Trophy23
Menelik G.
Diamonds117
Trophy24
Kyakonye S.
Diamonds117
Trophy25
Asfaw I.
Diamonds117
Trophy26
Khaleeq A.
Diamonds117
Trophy27
Wayne C.
Diamonds117
Trophy28
Mohamed N.
Diamonds117
Trophy29
Hamza K.
Diamonds117
Trophy30
ALIYU Y.
Diamonds117
Trophy31
Soly N.
Diamonds117
Trophy32
David B.
Diamonds116
Trophy33
Nathan H.
Diamonds116
Trophy34
Nour E.
Diamonds116
Trophy35
Bello U.
Diamonds116
Trophy36
Nazeeh K.
Diamonds116
Trophy37
Anselme D.
Diamonds116
Trophy38
Muhammmad H.
Diamonds116
Trophy39
Sherry D.
Diamonds116
Trophy40
Kenneth J.
Diamonds115
Trophy41
William M.
Diamonds105
Trophy42
Obey T.
Diamonds101
Trophy43
Michael R.
Diamonds101
Trophy44
Lucy A.
Diamonds99
Trophy45
Hilik T.
Diamonds98
Trophy46
Gabrielle G.
Diamonds97
Trophy47
Kimberley S.
Diamonds95
Trophy48
Mich O.
Diamonds94
Trophy49
Oyetunji S.
Diamonds93
Trophy50
Latrice S.
Diamonds92
Trophy51
THEOBALD S.
Diamonds92
Trophy52
hanad A.
Diamonds84
Trophy53
Pavan C.
Diamonds84
Trophy54
Michael M.
Diamonds82
Trophy55
Rosalio S.
Diamonds82
Trophy56
Tha H.
Diamonds82
Trophy57
Hossana E.
Diamonds82
Trophy58
John H.
Diamonds82
Trophy59
PaulShultis S.
Diamonds64
Trophy60
Gashaw N.
Diamonds63
Trophy61
Jeremiah A.
Diamonds63
Trophy62
Alam Z.
Diamonds62
Trophy63
FRANK I.
Diamonds61
Trophy64
Melkamu A.
Diamonds61
Trophy65
Akeem A.
Diamonds58
Trophy66
OSAMEDE O.
Diamonds56
Trophy67
Isaac O.
Diamonds56
Trophy68
Olorunwa M.
Diamonds56
Trophy69
Yashin S.
Diamonds55
Trophy70
Erbs M.
Diamonds55
Trophy71
John S.
Diamonds55
Trophy72
Shiferaw T.
Diamonds54
Trophy73
Richard P.
Diamonds54
Trophy74
Mbongiseni S.
Diamonds54
Trophy75
Christian C.
Diamonds54
Trophy76
Ronald H.
Diamonds53
Trophy77
Kenneth B.
Diamonds42
Trophy78
Muhammad I.
Diamonds37
Trophy79
Expert E.
Diamonds36
Trophy80
Raz E.
Diamonds36
Trophy81
Juma G.
Diamonds35
Trophy82
Shom S.
Diamonds35
Trophy83
Somadina O.
Diamonds35
Trophy84
Carlos P.
Diamonds35
Trophy85
Bekele W.
Diamonds32
Trophy86
Glen M.
Diamonds32
Trophy87
DAVISON P.
Diamonds31
Trophy88
Martins M.
Diamonds31
Trophy89
Sayid A.
Diamonds31
Trophy90
Husniyah D.
Diamonds31
Trophy91
Mary H.
Diamonds28
Trophy92
Joseph M.
Diamonds27
Trophy93
Freddie D.
Diamonds27
Trophy94
NASREDDINE H.
Diamonds27
Trophy95
Waqas A.
Diamonds27
Trophy96
Lameck M.
Diamonds27
Trophy97
carlo D.
Diamonds27
Trophy98
Muhammad U.
Diamonds26
Trophy99
Krzysztof N.
Diamonds26
Trophy100
Rick T.
Diamonds26
Silver Trophy
Diamonds0

Countdown to next draw

days

hours

minutes

seconds

Leaderboard

Only Top 10 users qualify for monthly $100 drawing.

RankPoints
Trophy1
Jillianne R.
Diamonds119
Trophy2
Phillip W.
Diamonds119
Trophy3
Baffa O.
Diamonds119
Trophy4
James C.
Diamonds119
Trophy5
Male T.
Diamonds119
Trophy6
Ron B.
Diamonds119
Trophy7
Moses O.
Diamonds119
Trophy8
Saifu A.
Diamonds119
Trophy9
Lidya I.
Diamonds119
Trophy10
Kofi K.
Diamonds119
Trophy11
Mustafe O.
Diamonds119
Trophy12
Musa S.
Diamonds118
Trophy13
Dany T.
Diamonds118
Trophy14
Lalisa F.
Diamonds118
Trophy15
Ernest L.
Diamonds118
Trophy16
Eric A.
Diamonds118
Trophy17
John P.
Diamonds118
Trophy18
David D.
Diamonds118
Trophy19
Barry S.
Diamonds118
Trophy20
Genuine C.
Diamonds118
Trophy21
Dan B.
Diamonds118
Trophy22
James A.
Diamonds118
Trophy23
Menelik G.
Diamonds117
Trophy24
Kyakonye S.
Diamonds117
Trophy25
Asfaw I.
Diamonds117
Trophy26
Khaleeq A.
Diamonds117
Trophy27
Wayne C.
Diamonds117
Trophy28
Mohamed N.
Diamonds117
Trophy29
Hamza K.
Diamonds117
Trophy30
ALIYU Y.
Diamonds117
Trophy31
Soly N.
Diamonds117
Trophy32
David B.
Diamonds116
Trophy33
Nathan H.
Diamonds116
Trophy34
Nour E.
Diamonds116
Trophy35
Bello U.
Diamonds116
Trophy36
Nazeeh K.
Diamonds116
Trophy37
Anselme D.
Diamonds116
Trophy38
Muhammmad H.
Diamonds116
Trophy39
Sherry D.
Diamonds116
Trophy40
Kenneth J.
Diamonds115
Trophy41
William M.
Diamonds105
Trophy42
Obey T.
Diamonds101
Trophy43
Michael R.
Diamonds101
Trophy44
Lucy A.
Diamonds99
Trophy45
Hilik T.
Diamonds98
Trophy46
Gabrielle G.
Diamonds97
Trophy47
Kimberley S.
Diamonds95
Trophy48
Mich O.
Diamonds94
Trophy49
Oyetunji S.
Diamonds93
Trophy50
Latrice S.
Diamonds92
Trophy51
THEOBALD S.
Diamonds92
Trophy52
hanad A.
Diamonds84
Trophy53
Pavan C.
Diamonds84
Trophy54
Michael M.
Diamonds82
Trophy55
Rosalio S.
Diamonds82
Trophy56
Tha H.
Diamonds82
Trophy57
Hossana E.
Diamonds82
Trophy58
John H.
Diamonds82
Trophy59
PaulShultis S.
Diamonds64
Trophy60
Gashaw N.
Diamonds63
Trophy61
Jeremiah A.
Diamonds63
Trophy62
Alam Z.
Diamonds62
Trophy63
FRANK I.
Diamonds61
Trophy64
Melkamu A.
Diamonds61
Trophy65
Akeem A.
Diamonds58
Trophy66
OSAMEDE O.
Diamonds56
Trophy67
Isaac O.
Diamonds56
Trophy68
Olorunwa M.
Diamonds56
Trophy69
Yashin S.
Diamonds55
Trophy70
Erbs M.
Diamonds55
Trophy71
John S.
Diamonds55
Trophy72
Shiferaw T.
Diamonds54
Trophy73
Richard P.
Diamonds54
Trophy74
Mbongiseni S.
Diamonds54
Trophy75
Christian C.
Diamonds54
Trophy76
Ronald H.
Diamonds53
Trophy77
Kenneth B.
Diamonds42
Trophy78
Muhammad I.
Diamonds37
Trophy79
Expert E.
Diamonds36
Trophy80
Raz E.
Diamonds36
Trophy81
Juma G.
Diamonds35
Trophy82
Shom S.
Diamonds35
Trophy83
Somadina O.
Diamonds35
Trophy84
Carlos P.
Diamonds35
Trophy85
Bekele W.
Diamonds32
Trophy86
Glen M.
Diamonds32
Trophy87
DAVISON P.
Diamonds31
Trophy88
Martins M.
Diamonds31
Trophy89
Sayid A.
Diamonds31
Trophy90
Husniyah D.
Diamonds31
Trophy91
Mary H.
Diamonds28
Trophy92
Joseph M.
Diamonds27
Trophy93
Freddie D.
Diamonds27
Trophy94
NASREDDINE H.
Diamonds27
Trophy95
Waqas A.
Diamonds27
Trophy96
Lameck M.
Diamonds27
Trophy97
carlo D.
Diamonds27
Trophy98
Muhammad U.
Diamonds26
Trophy99
Krzysztof N.
Diamonds26
Trophy100
Rick T.
Diamonds26
Silver Trophy
Diamonds0

Countdown to next draw

days

hours

minutes

seconds

$100 Monthly Drawing.

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