What is PENGUIN FINANCE(PEFI)?

Basic information about PEFI

Coin name:

Penguin Finance

Coin symbol:

Coin introduction:

Penguin Finance is a yield farming and staking DeFi application built on the Avalanche Network. Our Igloos (Yield Farms) allow you to stake your Pangolin liquidity provider (LP) tokens within the PeFi ecosystem in order to receive a percentage of all $PEFI rewards that are distributed by the network. The PenguinToken ($PEFI) is the lifeblood of the Penguin Finance Ecosystem. Penguins are able to stake their tokens to receive both staking rewards and fees that are collected by applications within the Penguin Finance Ecosystem. Rather than being purely speculative, PEFI's value is derived from the fees that are collected from the protocol's users and its utility within PeFi, as well as burning mechanisms. PEFI tokens will have a wide arrange of applications ranging from their use in custom yield farming strategies, our upcoming ultra low-fee Prediction Markets, NFTs, and the famed Penguin Arena.

Expand

Current Price:

$0.002217More coin details

All-time high:

$6.89

All-time low:

$0.000788

PEFI Supply Info and Tokenomics

Circulating supply:

19M

Total supply:

19M

Max supply:

21M

Market cap:

$42,473.89

Fully diluted valuation:

$46,557.42

What is the outlook and future value of PEFI?

The current market cap of PEFI is $42,473.89, ranked 8252 in the market, showing that the market already recognizes the value of PEFI. When a bull market arrives, the market cap of PEFI may continue to grow.

Moreover, if PEFI can play a greater role in real-world applications—such as if the Monero developers can fully empower PEFI and establish partnerships with more business partners to expand its user base—then the long-term value of PEFI will be further enhanced.

What is the price of PEFI in 2027?

According to the historical price performance prediction model of PEFI, the price of PEFI is expected to reach $0.002327 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get PEFI?

Purchasing PEFI with cash is not the only way to obtain PEFI. If you have enough time, you can get PEFI for free.

Learn how to get Hot rewards for free with PEFI.

Earn free PEFI by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get PEFI airdrops for free.

All crypto airdrops and rewards can be exchanged for PEFI through LBank spot trading.

Buy PEFI starting from $1

What is PEFI used for and how to use it?

The use cases for PEFI may grow with the development of the crypto market and project progress. Currently, you can use PEFI to:

Arbitrage trading of PEFI

PEFI is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many PEFI trading pairs to suit your needs.

Earn yield with PEFI

You can also lend out PEFI or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your PEFI gains.

Send or pay with PEFI

If you want to pay someone with PEFI, you can easily and quickly send PEFI to them using their receiving address.

You can also visit the official website of Penguin Finance to learn more use cases of PEFI, such as whether the Penguin Finance project supports community/eco apps or buying physical or virtual goods with PEFI.