Boosted Rewards for PENDLE Holders
Users can convert PENDLE into mPENDLE to ear nboosted APR% on Penpie
Boosted cctive user engagement rewards for PENDLE holders
Penpie offers PENDLE holders the opportunity to earn boosted rewards for their active user engagemnt by converting their tokens into mPENDLE. When users convert their PENDLE tokens into mPENDLE on Penpie the platform automatically locks all the converted PENDLE as vePENDLE on Pendle Finance while it gives users mPENDLE tokens that allows them to maximize their benefits. This mechanism allows Penpie to own governance power on Pendle Finance and get yield-boosting benefits thanks to its vePENDLE holdings. Users can swap mPENDLE back to PENDLE on the secondary market.
mPENDLE Rewards:
PENDLE
ETH
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