♎mPENDLE Stability Vault

Earn Enhanced Yields on Your mPENDLE

The mPENDLE Stability Vault allows users to earn enhanced rewards for their active engagement on the platform. Once mPENDLE is deposited into the Vault, it enters a locked state to begin accumulating yield.

While users can initiate unlocking of their mPENDLE at any time, there is a 30-day cooldown period before funds can be withdrawn. Each user may have up to 2 concurrent cooldown periods.

It's important to note that the mPENDLE Stability Vault enables users to share in 4.8% of the total active user engagement rewards generated by Penpie, representing 40% of the yield allocated to mPENDLE stakers. Additionally, mPENDLE SV lockers have the chance to accumulate extra vlPNP rewards and gain access to future IDOs within the Magpie ecosystem through events like the PENDLE RUSH.