Penguin Launchpad: BOOFI Distribution Phase is Live!

Penguin Finance
2 min readSep 30, 2021

Starting this Thursday, Sept. 30th at 20:00 UTC, the distribution of BooFinance’s native token BOOFI will commence through the Penguin Launchpad. Users that had previously staked their iPEFI during the staking phase of the IDO will be able to buy varying amounts of the token with PEFI.

For every allocation, Penguins will be able to buy 98.46 BOOFI with PEFI. At the time of the event, PEFI will be priced at $2.2 as the exchange rate for BOOFI. This is approximately 17.6 BOOFI per PEFI for the Ghoul tier ($0.125/BOOFI).

Users will have exactly one week (ending on Oct. 7th 20:00 UTC) to purchase their BOOFI tokens through the Penguin Launchpad. Afterward, we’ll update the page and prepare for the next Avalanche IDO!

Penguin Collectibles

Penguins will also enjoy their limited-edition NFT collectibles as early as next week, awarded for their commitment and trust in the platform & token offering.

Stay tuned! These pieces are unique and will never be minted again. Each Launchpad event has its own set of collectibles.

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Penguin Finance

Penguin Finance (PeFi) is an exciting new yield farming project on $AVAX.