Penpie (PNP) Tokenomics
Penpie (PNP) Information
What is the project about? Penpie is a next-generation DeFi platform built by Magpie to provide Pendle Finance users with yield and veTokenomics boosting services. Integrated with Pendle Finance, Penpie focuses on locking PENDLE tokens to obtain governance rights and enhanced yield benefits within Pendle Finance. Penpie revolutionizes the way users can maximize returns on their investments and monetize their governance power.
What makes your project unique? Penpie gives PENDLE holders the chance to earn high APR by converting their tokens into mPENDLE. By leveraging the power of Pendle Finance's veTokenomics model, Penpie offers users the opportunity to earn more PENDLE rewards with their PENDLE tokens. Penpie has created mPENDLE, a Penpie version of the PENDLE token, which allows users to earn a large share of PENDLE rewards while enjoying increased flexibility through Penpie. This mechanism gives PENDLE holders the chance to earn high APR% by converting their tokens into mPENDLE at a 1:1 ratio.
What can your token be used for? PNP is the governance and revenue-sharing token of Penpie. 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.
Penpie (PNP) Tokenomics & Price Analysis
Explore key tokenomics and price data for Penpie (PNP), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
Penpie (PNP) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Penpie (PNP) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of PNP tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many PNP tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand PNP's tokenomics, explore PNP token's live price!
PNP Price Prediction
Want to know where PNP might be heading? Our PNP price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.