Penguin Finance
Penguin Finance is an Avalanche yield platform combining yield-farming Igloos, an auto-compounder, PEFI staking nests, and play-to-earn games.
What is Penguin Finance?
Penguin Finance is a yield aggregator on Avalanche built around the PEFI token. Users farm LP positions in Igloo pools to earn PEFI, route LPs through the Penguin Compounder to auto-harvest rewards at a 4.8% fee, or stake PEFI in the Nest to receive yield-bearing iPEFI used across the ecosystem. Side products include the Penguin Emperor king-of-the-hill game and a Penguin Launchpad. PeFi was an early native Avalanche project and joined Avalanche Rush with $2.5M in AVAX incentives.
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
