Token Utility
As longtime crypto users, we understand that there is an excess of projects and tokens that have no actual utility or long-term value propositions, which is why we've carefully thought out and integrated PEFI into all of our dApps.
Penguins can stake their tokens to receive staking rewards and fees collected by applications within the Penguin Finance Ecosystem. Rather than being purely speculative, PEFI's value is derived from the commissions collected from the protocol's users and its utility within PeFi, as well as burning mechanisms. PEFI tokens have many applications ranging from their use in custom yield farming strategies, NFTs, gaming, and fundraising.
The Penguin Community always proposes new use cases and additions to the PEFI token whose supply mechanisms have been built with long-term holders in mind.
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