๐ŸŒ‰Cross-chain functionality

Bridge PNP

PNP has implemented the OFT V2 standard from LayerZero, which enables users to Bridge PNP across Ethereum, Arbitrum and BNB Chain through Penpie's LayerZero bridge in our Dapp. This functionality for the underlying PNP token remains active. PNP holders can easily move their assets across supported chains to provide liquidity in the ecosystem of their choice.

While PNP is built with omnichain features, vlPNP is not. However, vlPNP votes on Arbitrum will be aggregated and cast back to Ethereum, allowing voters to earn rewards for their active user engagement.

vlPNP Service Consolidation

In line with PIP #21, the vlPNP service has been consolidated exclusively onto the Arbitrum network to unify liquidity and simplify the user experience. While the underlying PNP token is omnichain, the governance locking service for vlPNP is now only available on Arbitrum.

vlPNP votes on Arbitrum will be aggregated and cast back to the underlying vePENDLE positions, allowing voters to earn rewards for their active user engagement.

Last updated