mPendle - Frequently Asked Questions

Question 1

What is mPendle?

Sharpe Labs · Accepted Answer

What is the project about? Penpie is a next-generation DeFi platform designed to provide Pendle Finance users with yield and veTokenomics boosting services. Integrated with Pendle Finance, Penpie focuses on locking PENDLE tokens to obtain governance rights and enhanced yield benefits within Pendle Finance. Penpie revolutionizes the way users can maximize returns on their investments and monetize their governance power. What makes your project unique? Penpie gives PENDLE holders the chance to earn high APR by converting their tokens into mPENDLE. By leveraging the power of Pendle Finance's veTokenomics model, Penpie offers users the opportunity to earn more PENDLE rewards with their PENDLE tokens. Penpie has created mPENDLE, a Penpie version of the PENDLE token, which allows users to earn a large share of PENDLE rewards while enjoying increased flexibility through Penpie. This mechanism gives PENDLE holders the chance to earn high APR% by converting their tokens into mPENDLE at a 1:1 ratio. History of your project. What’s next for your project? What can your token be used for? mPENDLE refers to "Magpie PENDLE", is a liquid version of vePENDLE that allows users to earn passive income on Penpie. PENDLE holders can convert tokens into mPENDLE on Penpie to earn boosted APR. Penpie takes all converted PENDLE tokens and locks them on Pendle Finance in order to acquire more vePENDLE. This, in turn, allows Penpie to provide boosted APR for its depositors. The process of permanently removing tokens from circulation is known as 'blackholing' and cannot be reversed. mPENDLE holders have the option to exchange their tokens for PENDLE on Wombat Exchange. mPendle operates on the Arbitrum blockchain network. For more information, visit the official mPendle website at https://www.pendle.magpiexyz.io/stake

Question 2

What is the current price of mPendle?

Sharpe Labs · Accepted Answer

The current mPendle price today is $1.48 USD. The mPendle (mPendle) price has decreased by -4.21% over the last 24 hours. The real-time mPendle price is down and updated live based on trading data from decentralized exchanges. You can track mPendle price movements to make informed trading decisions.

Question 3

Where can I track mPendle price?

Sharpe Labs · Accepted Answer

You can track mPendle (mPendle) price in real-time on Sharpe DEX Scan at https://sharpe.ai/dexscan/arbitrum/mpendle. Our platform provides live mPendle price updates, 24-hour price change percentages, interactive TradingView charts with technical indicators, real-time trading volume data, and mPendle holder analytics. The mPendle price is updated every few seconds, ensuring you have the most accurate market data for trading decisions. Track mPendle price movements across multiple timeframes, monitor trading volume trends, analyze holder distribution patterns, and view recent mPendle transactions all in one place. Sharpe AI DEX Scanner is the best platform to track mPendle price with professional-grade analytics and real-time market data.

Question 4

How many holders does mPendle have?

Sharpe Labs · Accepted Answer

mPendle currently has 1,311 token holders on the Arbitrum blockchain network. The mPendle holder count represents unique wallet addresses that actively hold mPendle tokens. The number of mPendle (mPendle) holders is regularly updated and reflects the size and growth of the mPendle community. More holders typically indicate stronger adoption and community support for mPendle. Join the mPendle community: Twitter: https://twitter.com/Penpiexyz_io, Telegram: https://telegram.me/penpiexyz_official, Discord: https://discord.com/invite/magpiexyz

Question 5

What is the circulating supply of mPendle?

Sharpe Labs · Accepted Answer

The mPendle circulating supply is currently 11,669,589 mPendle tokens. The total mPendle supply is 11,669,589 mPendle tokens. As of now, 100.0% of the total mPendle supply is in active circulation, meaning most of the total supply is available for trading. mPendle (mPendle) token supply metrics are essential for calculating market capitalization, understanding token distribution, and evaluating scarcity. The circulating supply of mPendle directly impacts the token's market value and price dynamics.

Question 6

How to buy mPendle?

Sharpe Labs · Accepted Answer

To buy mPendle (mPendle) on Sharpe AI DEX Scanner, click the Buy button located at the top of the mPendle page. This will open a trading interface where you can connect your cryptocurrency wallet (such as MetaMask, Trust Wallet, or Phantom for Solana). Once connected, the interface will show you the current mPendle price and allow you to enter the amount of mPendle you want to purchase. The Buy button connects directly to decentralized exchanges, making it easy to swap your tokens for mPendle. Always verify you have sufficient balance in your wallet and review the transaction details including gas fees before confirming your purchase. Track mPendle price movements on Sharpe AI DEX Scanner to find the optimal entry point for buying mPendle.

Question 7

How to sell mPendle?

Sharpe Labs · Accepted Answer

To sell mPendle (mPendle) on Sharpe AI DEX Scanner, click the Sell button located at the top of the mPendle page, next to the Buy button. This will open a trading interface where you need to connect your cryptocurrency wallet that contains your mPendle tokens. Once your wallet is connected, the interface will display your current mPendle balance and allow you to enter the amount of mPendle you want to sell. The Sell button connects directly to decentralized exchanges, enabling you to swap your mPendle for other tokens like USDT or USDC. Review the current mPendle price, check the transaction details including slippage tolerance and gas fees, and confirm the transaction in your wallet. Use Sharpe AI DEX Scanner's real-time price charts and trading volume data to determine the optimal time to sell mPendle for maximum returns.

Question 8

Is mPendle a good investment?

Sharpe Labs · Accepted Answer

Whether mPendle (mPendle) is a good investment depends on multiple factors including your risk tolerance, investment goals, market conditions, and thorough research. mPendle currently has 1,311 holders, which indicates the level of community adoption. Before investing in mPendle, consider: 1) Research the project's fundamentals, team credentials, and roadmap. 2) Analyze mPendle tokenomics, including total supply, circulating supply, and token distribution. 3) Review the mPendle whitepaper and use case to understand the project's value proposition. 4) Monitor mPendle price trends, trading volume, and market sentiment on Sharpe AI DEX Scanner. 5) Check Arbitrum blockchain explorer for contract verification and transaction history. 6) Assess mPendle community engagement and social media presence. Cryptocurrency investments carry significant risk due to market volatility. mPendle price can fluctuate dramatically in short periods. Never invest more than you can afford to lose, diversify your portfolio across multiple assets, and consider consulting with a financial advisor. Use Sharpe AI's real-time analytics to track mPendle performance metrics, holder distribution, and trading patterns before making investment decisions.

Question 9

How can I view mPendle transactions?

Sharpe Labs · Accepted Answer

You can view mPendle (mPendle) transactions in real-time on Sharpe AI DEX Scanner. The Transactions tab displays all recent mPendle buy and sell orders, swap transactions, mint and burn events with detailed information including transaction hash, wallet address, transaction type (buy/sell), token amount, USD value, and timestamp. Each mPendle transaction shows the exact price at which the trade occurred, allowing you to analyze mPendle trading patterns and market activity. You can filter mPendle transactions by type (Buy, Sell, Mint, Burn), set price range filters, and search for specific wallet addresses to track whale movements. Click on any mPendle transaction to view complete details on the blockchain explorer. Monitor mPendle transactions to identify trading trends, spot large buyers and sellers, and understand market sentiment for mPendle token.

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