Penguin Finance will be airdropping free tokens to the Nests in June!
We’re planning on airdropping a significant amount of PEFI into the nests, with thorough care regarding inflation and token value. Instead of minting PEFI and giving it away to 1000s of wallets who may or may not be interested in the token, we have designed the ultimate airdrop model that will not only reward current investors but also attract a huge influx of users into the Penguin Nest. …
Our newest dApp is here, with innovative features that reduce sell pressure of our native token and add utility to the Penguin ecosystem.
Our auto-compounding platform is designed to substantially increase the potential yield you receive from a farm on Avalanche through constant re-investing of your rewards. We reinvest 2–3 times a day, ensuring that all profits you receive are compounded optimally. Whether you are farming Pangolin, Gondola, or Lydia farms (more to come), the Penguin Compounder is your best bet.
Because this compounder has the lowest fees on the network (4.8%), a higher portion of rewards are re-invested into…
Penguin Finance is an exciting new Avalanche project working to bring yield farming, decentralized prediction markets and NFTs to the Avalanche Network. Many dApps are only accessible to those who are technologically savvy, which is why we’re building Penguin Finance with the common folk in mind; so that even your outdated uncle can follow our user-friendly documentation and intuitive design.
As a team of developers, designers and business-oriented people from all around the world, we understand the frustration of being excluded from traditional DeFi. …
After months of working alongside each other to grow and improve the Avalanche ecosystem, Penguin and Lydia are officially partnering up to promote both communities and build a long-lasting relationship that will benefit users of the respective platforms.
As part of this partnership, Lydia and Penguin will support each other with marketing and development. Both projects recently got audited by CertiK, which highlights the mutual vision we both have to build greatness and put our users first.
Many cross-token giveaways, farming opportunities, and staking protocols that reward both LYD and PEFI can be expected in the coming weeks, as the…
Dear Penguins, there’ve been a lot of developments taking place behind the scenes as we begin to explore new territory in DeFi and expand our use case. Several partnerships throughout Avalanche have been established for the Club Penguin & Penguin Launchpad which should propel the project to new heights. We are confident that it’ll all start coming to fruition very soon, so it’s important to highlight our trajectory and goals going forward.
At the beginning, Penguin Finance was mainly a yield farming protocol. Our plan was to attract as many users to our platform as possible with these potential gains…
The Penguin Compounder will be live on PeFi in a few days, and with it comes added utility to our stakers/HODLers. This guide aims to provide information to further explain what the nests are, how they work, and why you should be invested in them if you’re an early investor in the Penguin Finance ecosystem.
The Penguin Nests are the main staking mechanism on the Penguin Finance ecosystem. Overtime, you’ll earn PEFI by HODLing xPEFI tokens, and also gain access to exclusive dApps inside of the ecosystem. xPEFI is an ERC20 token that is always exchangeable for PEFI. …
After weeks of development and testing behind the scenes, it’s officially here! This week, our penguins will have access to the best auto-compounding platform on Avalanche. An auto-compounding dApp was a popular request of our users; by creating our own version we’ll increase the TVL inside of the PeFi ecosystem and offset part of the sell-pressure through the allocation of fees towards incentives to HODL our native token.
With a new dApp come innovative strategies never before seen with traditional auto-compounders. Our compounder will have a special added feature called: Auto-Nesting (Igloos only). The result is part of your PEFI…
A letter to the Penguin community from your penguin friends, Cody Maverick and Bisbis.
● Despite market conditions, 1,292,256 PEFI are in the Nest! That is over 16% of PEFI out of circulation.
● Redesigned the user-interface graphics to give it a more appealing and intuitive design.
● Raised 468 AVAX for India’s COVID Crypto Relief Fund through our Penguins without Borders event!
● Over 606,000 $PEFI have been burned to date!
● PEFI/LINK Igloo made it to a TVL of about $700k in the first 24 hours!
● Reached 7000 Followers on Twitter!
In light of the terrible situation in India as a result of COVID-19, we have decided to develop a charity event to help bring our penguins together for a great cause. 100% of the proceeds of this event will be sent to Sandeep’s (Polygon Cofounder) address for India’s Covid Crypto Relief Fund.
At Penguin Finance, we not only care about the blockchain but also what is happening around the world. It has always been very clear to our investors that we are working towards something beyond crypto, the Penguin Vision. …
In this tutorial, we’ll guide you through the process of setting up your wallet on Avalanche, transferring funds, and buying PEFI.
MetaMask displays the gas fee dollar amount in ETH equivalent on Avalanche, however, the token used for gas is AVAX when using the Avalanche network. To calculate the true dollar equivalent, you will have to multiply the units of AVAX used * the current market price of AVAX.
You must have AVAX in your Avalanche wallet to make a transaction after you transfer any asset from Ethereum.
You can use the same wallet address on Ethereum with Avalanche.
Penguin Finance (PeFi) is an exciting new yield farming project on $AVAX.