HomeCoinsAvalanche (AVAX)Penguin Finance (PeFi) Joins Avalanche Rush Program with $2.5M in Incentives |...

Penguin Finance (PeFi) Joins Avalanche Rush Program with $2.5M in Incentives | by Avalanche | Avalanche | Oct, 2021

- Advertisement -


Penguin Finance has officially joined the Avalanche Rush Program. PeFi, a multi-faceted yield aggregator, play-to-earn, launchpad, and NFT platform native to the Avalanche public blockchain, will soon receive $2.5 million in AVAX for their unique layer 2 yield-farming “Igloos” and Penguin Emperor game (an exclusive king of the hill style dApp).

Launched in April, PeFi was one of the first native DeFi projects on Avalanche and grew its community rapidly through its unique marketing, branding and design. The platform offers the first layer 2 yield farm on Avalanche, which is uniquely prepared to receive AVAX incentives given that multiple token rewards are distributed on each pool. Gamers and DeFi enthusiasts will also soon have access to PeFi’s ‘’play to earn’’ games, such as the Penguin Emperor and Penguin Arena, with the upcoming deployment on Avalanche.

During the program, users can receive Rush rewards by participating in selected liquidity pools (earning up to 5 different tokens simultaneously) and betting on special “Avalanche Emperor” rounds on the Penguin Emperor dApp.

As part of the Avalanche Rush Program, the Avalanche Foundation is working closely with top projects, including Aave, Curve, Sushi, Stake DAO and BENQI for farming, mining, lending and now gaming experiences.

The specific date for PeFi’s Avalanche Rush deployment will be coming in Q4 2021. For more information on PeFi, please visit its Website and Twitter.





Source link

- Advertisement -
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,546FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 56,082.00
ethereum
Ethereum (ETH) $ 4,492.14
tether
Tether (USDT) $ 0.998179
bitcoin-cash
Bitcoin Cash (BCH) $ 558.41
litecoin
Litecoin (LTC) $ 199.88
eos
EOS (EOS) $ 4.00
okb
OKB (OKB) $ 27.48
tezos
Tezos (XTZ) $ 5.21
leo-token
LEO Token (LEO) $ 3.57
cardano
Cardano (ADA) $ 1.62
monero
Monero (XMR) $ 234.36
stellar
Stellar (XLM) $ 0.347997
chainlink
Chainlink (LINK) $ 25.16
huobi-token
Huobi Token (HT) $ 9.67
tron
TRON (TRX) $ 0.099995
usd-coin
USD Coin (USDC) $ 0.998622
dash
Dash (DASH) $ 176.63
neo
NEO (NEO) $ 37.15
iota
IOTA (MIOTA) $ 1.48
nem
NEM (XEM) $ 0.169082
zcash
Zcash (ZEC) $ 225.69
maker
Maker (MKR) $ 2,886.47
paxos-standard
Pax Dollar (USDP) $ 0.989835
ethereum-classic
Ethereum Classic (ETC) $ 46.59
vechain
VeChain (VET) $ 0.116142
true-usd
TrueUSD (TUSD) $ 0.996656
ftx-token
FTX Token (FTT) $ 48.42
kucoin-shares
KuCoin Token (KCS) $ 25.20
waves
Waves (WAVES) $ 20.96