Boosted Rewards for Liquidity Providers

Liquidity Providers can earn boosted rewards on Penpie without locking any PENDLE

Boosted Rewards for Liquidity Providers

Thanks to the vePENDLE holdings of Penpie, users can deposit their assets on the platform to earn enhanced rewards for their active user engagement without the need to lock any PENDLE by themselves. Basically Penpie shares its yield-boosting benefits with liquidity providers on the protocol.

Note:

• Only $PENDLE of the APR is boostable; the entire combined APR cannot be boosted.

• The multiplier also affects the outcome. (If the majority of the LP is staked on Penpie, the multiplier could drop.)

Please refer to the PENDLE documentation for details.