Users can lock their PNP tokens on Penpie to receive vlPNP at a 1:1 ratio. vlPNP is the locked version of the PNP token. Vote-Locked PNP, also known as vlPNP, enables PNP holders to earn rewards for their active user engagement and share governance benefits on Pendle Finance & Penpie.
The voting power that Penpie accumulates by holding vePENDLE is distributed among vlPNP holders, allowing them to participate in Pendle Finance's governance cost-effectively.
## **Details:**
Token Name: PNP
Token Type: OFT-20
Total Supply: 10,000,000
PNP can be traded through [Camelot Dex](https://app.camelot.exchange/) on Arbitrum and [PancakeSwap](https://pancakeswap.finance/swap?chain=bsc\&outputCurrency=0x5012c90F14d190607662CA8344120812Aaa2639D)[ ](https://thena.fi/swap?inputCurrency=BNB\&outputCurrency=0x5012c90f14d190607662ca8344120812aaa2639d)on BNBChain.
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