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Penpie follows a vesting schedule with allocations to the Liquidity mining, Magpie Treasury, IDO, Pendle Treasury, Initial Liquidity, Marketing & BD and PENDLE Rush. Most allocations are released through a cliff mechanism. The full unlock schedule extends into 2027.
When is the next Penpie unlock?
Penpie is fully unlocked.
How much Penpie supply is currently unlocked?
As of today, approximately 7,272,962 Penpie which is 72.73% of Penpie's total supply has been unlocked. The remaining tokens are will be released according to the release mechanism.
Is Penpie vesting cliff or linear?
Penpie uses linear vesting, especially for Liquidity mining allocations. This means tokens are released in equal amounts over time, reducing sudden supply shocks.
What is the difference between Penpie circulating and total supply?
The circulating supply of Penpie is 7,272,962 tokens and the total supply is 10,000,000 tokens. The total supply is the max amount of tokens to ever be in circulation, including those that are still locked.
What is Penpie's FDV (Fully Diluted Valuation)?
Penpie’s FDV is $4,629,030 which reflects the market value if all 10,000,000 tokens were unlocked. This figure helps estimate long-term dilution risks.
How is Penpie allocated across stakeholders?
The Penpie allocation includes PENDLE Rush at 3.00%, Liquidity mining at 35.00%, Magpie Treasury at 20.00%, IDO at 20.00%, Pendle Treasury at 10.00%, Initial Liquidity at 7.00% and Marketing & BD at 5.00%.
Has Penpie price dropped after past unlocks?
Historically, Penpie has shown low volatility 7 days after the past unlock. The price impact depends on who receives the unlocked tokens and market conditions.
How can I track upcoming Penpie unlocks?
Tokenomist provides an up-to-date vesting chart and unlocks monitor that shows upcoming unlocks for Penpie, with visibility for each allocation and amount.