What is the project about?
Penpie is a next-generation DeFi platform built by Magpie to provide Pendle Finance users with yield and veTokenomics boosting services. Integrated with Pendle Finance, Penpie focuses on locking PENDLE tokens to obtain governance rights and enhanced yield benefits within Pendle Finance. Penpie revolutionizes the way users can maximize returns on their investments and monetize their governance power.
What makes your project unique?
Penpie gives PENDLE holders the chance to earn high APR by converting their tokens into mPENDLE. By leveraging the power of Pendle Finance's veTokenomics model, Penpie offers users the opportunity to earn more PENDLE rewards with their PENDLE tokens. Penpie has created mPENDLE, a Penpie version of the PENDLE token, which allows users to earn a large share of PENDLE rewards while enjoying increased flexibility through Penpie. This mechanism gives PENDLE holders the chance to earn high APR% by converting their tokens into mPENDLE at a 1:1 ratio.
What can your token be used for?
PNP is the governance and revenue-sharing token of Penpie. Users can lock their PNP tokens on Penpie to receive vlPNP at a 1:1 ratio. vlPNP is the locked version of the PNP token.
Where is Penpie available for purchase?
You can exchange PNP tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Penpie is Camelot V3, notably the PNP/WETH pair, which saw a trading volume of $ 21,865 in the past day. Additionally, CoinEx and Uniswap V4 (Arbitrum) are popular alternatives for trading tokens.
What is the highest value Penpie (PNP) has ever reached?
Penpie (PNP) reached its peak price at 7.01 $ on 12 April 2024, approximately a year ago ago. Presently, the current price is -47.5% lower than this all-time high.
What is the historical minimum price for Penpie (PNP)?
The minimum price reached for Penpie (PNP) was 0.5898 $, documented on 17 September 2023, more than 2 years ago. In comparison, the current price is 523.87%, it above this historical low.
What is the fully diluted valuation of Penpie (PNP)?
The fully diluted valuation (FDV) of Penpie (PNP) stands at $ 37,24 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 10,000,000 PNP tokens. The realization of this FDV might take several years depending on the emission schedule of PNP tokens.
How to add Penpie (PNP) to MetaMask?
By integrating Penpie (PNP) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import PNP as a token. You can either manually import PNP by copying its contract address (0x5012c90f14d190607662ca8344120812aaa2639d) or use MetaMask's Chrome extension to add PNP with a single click through P.CASH.
How to add Penpie (PNP) to TrustWallet?
Incorporating Penpie (PNP) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include PNP, you can either manually import it using the contract address (0x5012c90f14d190607662ca8344120812aaa2639d) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
IMPORTANT DISCLAIMER:
The information presented on our website and associated platforms is sourced from third parties and is intended for general informational purposes only. We do not guarantee the accuracy or timeliness of this content. None of the information provided should be construed as financial, legal, or other professional advice tailored to your specific needs. Your use of this content is at your own discretion and risk. It's important to independently research, evaluate, and verify the information before relying on it. Trading carries significant risks, so it's advisable to consult with a financial advisor before making any decisions. Our content is not intended to solicit or offer any services.