🎟️Benefits

The Penpie Voting Market supports the Pendle Finance Eco as a whole

1. For Protocols:

Protocols with liquidity pools on Pendle Finance can offer voting incentives to obtain a larger share of PENDLE token emissions by gaining voting support from vlPNP holders. This can lead to an increase in the Total Value Locked within their pools. The greater the number of votes a pool secures, the higher the PENDLE emissions it accrues.

2. For Liquidity Providers:

Depositors on Penpie and Pendle Finance can earn a higher APY% on their deposits, thanks to the votes allocated. Liquidity providers also have the opportunity to deposit voting incentives.

3. For Governance Voters on Pendle Finance:

Voters in Pendle Finance can acquire efficient governance power through the PNP token. By locking PNP as vlPNP, users are able to optimize the monetization of their voting power within Pendle Finance. By tapping into the voting power of the vePENDLE accumulated by Penpie, vlPNP holders can command more voting power. Consequently, they can earn more rewards for their active user engagement by locking up PNP rather than vePENDLE, with a shorter lock-up period.