Huge Updates from Penpie.
Now you can compound your earnings without doing anything extra.
Introducing @Penpiexyz_io Wrapped LP -wLP
What are the benefits?
1. Automated Reinvestment — Rewards are harvested and compounded daily.
2. ERC-4626 Standard — Ensures composability with a wide range of DeFi protocols. Use this wrapped token across DeFi as collateral.
3. Optimal Capital Efficiency - Now you are earning more than before because of compounding and your liquidity is free with the wrapped token to be used elsewhere.
New LPs can deposit directly into an auto-compounding pool to start earning wLP.
While Existing LPs can use the “Wrap” function to convert Penpie receipt tokens into wLP.
Start exploring wLP today to make your money work harder.
$PENDLE $PNP
Introducing Auto-Compounding Pools & wLP on @Penpiexyz_io!♻️
Auto-Compounding Pools with Penpie Wrapped LP (wLP) bring efficient yield growth and composability for liquidity providers of @pendle_fi.🌐
Depositing LPs issues wLP, a yield-bearing token. Rewards compound daily under the ERC-4626 standard, with a 1% fee sustaining automation.💡
🔹 Key benefits
👉 Continuous growth without manual reinvestment
👉 wLP usable as collateral while accruing yield
👉 Transparent 1:1 linkage with Pendle LPs
👉 Built for long-term efficiency and sustainability
New LPs can enter directly, while existing LPs can wrap their tokens into wLP.🔀
Simplify liquidity management and unlock greater flexibility with wLP now:⤵️
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