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  • ๐Ÿ“ƒTerms and Conditions
  • ๐Ÿ“Penpie Overview
  • ๐ŸŒPenpie Ecosystem
    • ๐Ÿ“Introduction
    • ๐Ÿ”˜Pendle Finance
    • ๐ŸŒ‰LayerZero Bridge
  • ๐ŸŽฎHow to use
    • ๐Ÿ”ทPenpie
      • ๐Ÿ”Convert PENDLE into mPENDLE
      • ๐Ÿ”’Lock PNP & Unlock
      • ๐Ÿ’งProvide Liquidity
      • ๐Ÿ’ฐClaim Active Engagement Rewards
      • ๐Ÿ’ธThe Penpie Voting Market
      • ๐Ÿ’ธAdd Voting Incentives
    • ๐ŸŸกBNB Chain
      • ๐ŸฅžPancakeSwap
      • ๐Ÿ’งProvide PNP-BNB liquidity on PancakeSwap
    • ๐ŸŒ‰Bridge
  • ๐Ÿช™Tokens
    • ๐Ÿช™PNP Token
      • ๐Ÿง‘โ€๐ŸŒพPNP Emission
      • ๐ŸŒ‰Cross-chain functionality
      • ๐Ÿ—ณ๏ธVote-Locked PNP
      • ๐ŸงฎPNP distribution
      • ๐Ÿ“ŠPNP Chart
    • ๐Ÿช™mPENDLE Token
      • ๐Ÿ”ฆUnderstanding mPENDLE
      • ๐Ÿค–Smart PENDLE Converter
      • โ™ŽmPENDLE Stability Vault
    • ๐ŸงThe mPENDLE Liquidity Pool on Pendle Finance
    • ๐ŸงพPenpie Receipt Token
    • ๐Ÿช™Penpie Recovery Token(PRT)
  • ๐Ÿ’ฒFee Structure
    • ๐Ÿ’งPENDLE LP
    • ๐Ÿ–vePENDLE Revenue
    • ๐ŸญVoting Incentives
  • ๐Ÿ”ตPenpie Maximizing Benefits
    • Boosted Rewards for PENDLE Holders
    • Boosted Rewards for Liquidity Providers
    • Cost-Effective Voting Power for Pendle Finance users
    • Decrease PENDLE circulating supply
  • ๐ŸŽชThe Penpie Voting Market
    • ๐Ÿ—ณ๏ธVote
    • ๐Ÿ“ŠvlPNP Gauge
    • ๐ŸŽฏvePENDLE Gauge
    • ๐ŸŽŸ๏ธBenefits
  • ๐Ÿช‚Farm Points on Penpie
  • โš–๏ธGovernance
  • ๐Ÿ”งOfficial links and tools.
    • ๐Ÿ“‘Smart Contracts
    • ๐Ÿ“กOfficial Links
    • ๐Ÿ“ฝ๏ธMedia Kit
  • ๐Ÿ”Reference
    • ๐Ÿ’กGlossary
  • ๐Ÿ”Security
    • ๐Ÿ“ƒAudit Reports
    • Real Time Monitoring
    • โŒšTimelock
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  • Convert PEDNLE into mPENDLE and Staking mPENDLE
  • Unstake mPENDLE
  1. How to use
  2. Penpie

Convert PENDLE into mPENDLE

How to convert PENDLE to mPENDLE

PreviousPenpieNextLock PNP & Unlock

Last updated 8 months ago

Convert PEDNLE into mPENDLE and Staking mPENDLE

1. Navigate to https://www.pendle.magpiexyz.io/stake

2. Click "CONNECT WALLET"

3. Select your wallet.

4. Click mPENDLE staking to conversion of PENDLE to mPENDLE or staking - unstaking of mPENDLE tokens.

5. Enter the desired PENDLE amount for mPENDLE OR Click "MAX" to conversion of total PENDLE balance.

6. Select "Approve infinity" to not approve before every action.

7. Click "Approve"

8. Click "Smart Convert & Stake" to complete the action. ( Note: Smart Convert bonus amount can be seen on under the conversion box.)

9. Once Conversion and Staking completed, users can see their mPENDLE balance on the "Your Deposits" section on the mPENDLE Staking pool.

Unstake mPENDLE

1. Navigate to https://www.pendle.magpiexyz.io/stake

2. Click "CONNECT WALLET"

3. Click on your wallet

4. Click on drop-down to choose your network

5. Click "Arbitrum"(Using Arbitrum for demonstration purposes)

6. Click "Unstake"

7. Click the "0.0" field.

8. Enter the amount of mPENDLE you would like to withdraw.

9. Click "Unstake"

10. Approve the transaction in your wallet.

11. You have successfully withdrawn your mPENDLE.

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