Penpie Price
PNP
How Much is 1 Penpie (PNP)
Convert PNP to your currency
Last Updated on Dec 21, 2025 03:43 AM
What is Penpie?
About the coin
Penpie is a next-generation decentralized finance (DeFi) platform developed by Magpie. It is designed to enhance the experience of Pendle Finance users by providing yield and veTokenomics boosting services. The platform is integrated with Pendle Finance and focuses on locking PENDLE tokens to obtain governance rights and enhanced yield benefits within the Pendle Finance ecosystem. Penpie aims to revolutionize the way users can maximize returns on their investments and monetize their governance power.
Main features
Penpie offers a unique opportunity for PENDLE holders to earn high annual percentage rates (APR) by converting their tokens into mPENDLE. By leveraging the power of Pendle Finance's veTokenomics model, Penpie allows users to earn more PENDLE rewards with their PENDLE tokens. The platform has introduced mPENDLE, a Penpie version of the PENDLE token, which enables users to earn a significant share of PENDLE rewards while enjoying increased flexibility through Penpie. This mechanism allows PENDLE holders to earn high APR% by converting their tokens into mPENDLE at a 1:1 ratio.
How it works
The PNP token is the governance and revenue-sharing token of the Penpie platform. 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, which allows users to participate in governance and share in the platform's revenue. This structure provides users with the ability to influence the direction of the platform while also benefiting from its financial success.
Wallet for Penpie
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Tangem supports networks for Penpie
- Ethereum
- Bnb Smart Chain
- Arbitrum One
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Penpie FAQ
- Penpie is a blockchain-based digital asset used for transferring value and interacting with decentralized applications. It operates without central control, relying on distributed network technology.
- Penpie offers efficient transactions, strong network security, and support for decentralized applications. Its design aims to provide a reliable user experience.
- Yes. PNP is the trading symbol used to identify Penpie on exchanges and charts.
- You can buy Penpie using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- The safest option is to use a hardware wallet that keeps your private keys offline. Tangem provides secure cold storage protection.
How to secure Penpie with Tangem Wallet?
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Why choose Penpie wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
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