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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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  1. Penpie Maximizing Benefits

Cost-Effective Voting Power for Pendle Finance users

Users can acquire voting power on Pendle Finance cost-effectively through PNP

Pendle Finance voters must buy and lock PENDLE tokens for 2 years to get max voting power, which is not a cost-effective way to control governance power.

โ€‹Penpie offers efficient voting power for Pendle Finance voters:

Users can lock their PNP tokens as vlPNP to share the voting power that Penpie has accumulated through its vePENDLE holdings. Each PENDLE that Penpie locks on Pendle Finance is locked for 2 years. This means that all of Penpie's vePENDLE own the highest benefits on Pendle Finance. Pendle Finance voters can get voting power effectively by acquiring and locking PNP tokens. Users can lock PNP as Vote-Locked PNP on Penpie to participate in the governance of Pendle Finance while earning rewards for their active user engagement.

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Last updated 8 months ago

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