Penpie and Sonic Partnership

Penpie, a prominent DeFi platform, has partnered with the EVM-compatible L1 chain Sonic. According to Penpie, it is expanding its reach to Sonic to optimize yield opportunities and facilitate decentralized finance (DeFi) users. The mutual endeavor leverages Pendle Finance’s vePENDLE strategy to control more than thirty-two percent of the cumulative power. The respective integration offers seamless access to Pendle’s offerings. Overall, Penpie’s expansion focuses on increasing accessibility and boosting long-term innovation and growth.

> Penpie has arrived on @SonicLabs!▶️
> Sonic is a high-performance EVM-compatible layer-1 blockchain, designed for scalability and efficiency. Evolving from Fantom, it delivers 10,000 TPS with sub-second finality, making it an optimal environment for decentralized applications.⚡️… pic.twitter.com/asuSFouMSu
> — Penpie (@Penpiexyz_io) March 8, 2025

Penpie to Unveil Latest Yield Opportunities

Penpie’s expansion to Sonic signifies a landmark move to enhance yield opportunities. The platform utilizes Pendle Finance’s exclusive vePENDLE strategy to control above 32% of overall voting power. This integration provides seamless access to Pendle’s offerings, allowing Sonic users to leverage improved yield opportunities without needing to lock their $PENDLE tokens.

The official launch of Penpie on Sonic goes beyond just accessibility; it drives long-term ecosystem growth and innovation. Penpie is unveiling liquidity pools that offer comprehensive yields and optimizing governance strategies. With these functionalities, the platform aims to enrich the DeFi experience for users on Sonic.

Driving Yield Optimization and Governance Participation

As part of its Sonic expansion plan, Penpie has launched four yield-generating pools: wstkscUSD Pool, wstkscETH Pool, stS Pool, and wOS Pool. This strategy underscores an exciting venture for both entities. With Sonic’s scalable infrastructure, Penpie seeks to deliver additional opportunities for governance participation and yield optimization.