> For the complete documentation index, see [llms.txt](https://docs.penpiexyz.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.penpiexyz.io/fee-structure/pendle-lp.md).

# PENDLE LP

### According to [PIP-18](https://snapshot.box/#/s:penpiexyz.eth/proposal/0x8078dabf0475584f9e3c5d1fd4c12dee7e878d88efca8a0b3046eab6fc5a7014), [PIP-17](https://snapshot.box/#/s:penpiexyz.eth/proposal/0x386103c78a7cd2eef482cb4e12bbce8c493618aa11e46f7ff352f33afe2db485), and [PIP-2](https://snapshot.box/#/s:penpiexyz.eth/proposal/0x6f413b8e8c975f39a4158a0436be7054d2f3e7a8efd7aaad79f8d9b0f97849a8), the current governance distribution structure is as follows:

#### Boosted SY reward yield from liquidity farming on Pendle <a href="#boosted-sy-reward-yield-from-liquidity-farming-on-pendle" id="boosted-sy-reward-yield-from-liquidity-farming-on-pendle"></a>

* 100% to liquidity providers.

#### Boosted PENDLE rewards from liquidity farming on Pendle

{% tabs %}
{% tab title="ARB / BSC / OP" %}

* 78% to liquidity providers.
* 12% to mPENDLE Staking pool.
* 5% to vlPNP holders as mPendle.
* 5% fund essential operational expenses
  {% endtab %}

{% tab title="ETH" %}

* 78% to liquidity providers.
* 12% to mPENDLE Staking pool.
* 5% to vlPNP holders as mPendle.
* 4% fund essential operational expenses
* 1% to Harvest Caller function
  {% endtab %}

{% tab title="Sonic / Bera / Base" %}

* 78% to liquidity providers.
* 12% to ARB Chain mPENDLE Staking pool.
* 5% to ARB Chain vlPNP holders as mPendle.
* 5% fund essential operational expenses
  {% endtab %}
  {% endtabs %}


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