๐งพPenpie Receipt Token
The receipt token for depositors
Penpie has introduced a receipt token for TVL providers across different pools, with the aim of enhancing the DeFi lego structures built on top of the Penpie ecosystem.
Users receive Penpie receipt tokens when they become liquidity providers on Penpie. (Ex: https://arbiscan.io/address/0xCD3A30D714B2b0aeda32593dF3bAd12351dd2314 PTGLP28MAR24 Penpie Receipt Token or mPENDLE Receipt Token).
The receipt token is transferable. Upon transfer, rewards are updated for both the sender (_from) and recipient (_to) addresses. The accumulation of rewards is entitled to the current owner of the receipt token.
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