🧾Penpie 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.