🪂Farm Points on Penpie

Accumulating Farm Points on Penpie

In recent years, the adoption of Liquid Staking and Restaking Token options for ETH has led to increased interest in points accumulation campaigns. Many protocols have implemented this strategy to enhance user engagement and loyalty. While Eigenlayer's points accumulation program gained significant popularity, numerous other protocols have adopted similar approaches, including EtherFi, Swell Network, Eigenpie, KelpDAO, Renzo Puffer, and Karak Network.

As the largest holder of vePENDLE on Pendle Finance, Penpie offers enhanced point accumulation opportunities for its users across various protocols. This incentivizes users to increase their liquidity on Pendle Finance via Penpie, rewarding them with boosted platform points.

Many Liquid Staking Tokens (LSTs), Liquid Restaking Token (LRTs), and Layer 2 pools on Penpie now offer single or multi-platform point accumulation. This allows users to get a diverse range of platform points by simply depositing their assets on Penpie, thereby increasing their potential benefits across multiple platforms.

Users can accumulate platform points for one or multiple protocols simultaneously by depositing these protocols' tokens on Penpie. Also, Vote-Locked PNP (vlPNP) holders can vote for our ecosystem partners' pools, earning additional platform points on top of voting incentives and securing a share of token Airdrops from these protocols.

This multi-faceted approach to point accumulation offers Penpie users a unique opportunity to maximize their potential rewards across various protocols within the DeFi ecosystem.