# PNP Token

<figure><img src="https://387919300-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSkWjQ7CuYOLxZccfGTqP%2Fuploads%2FGQ2heBC2kUxl7q0yv3Xc%2FScreenshot%202023-08-13%20at%209.00.39%20PM.png?alt=media&#x26;token=3df665f6-ef6f-4131-b89f-d2223b4b04a1" alt=""><figcaption><p>PNP</p></figcaption></figure>

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.&#x20;

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.