Yala × Penpie: Amplifying Pendle Yields
Using Penpie, Yala Pendle users can amplify their Pendle LP-YU tokens and maximise their yield.
Introducing Penpie, the newest addition to the Yala DeFi Marketplace.
Penpie is a multi-chain yield-boosting protocol built on Ethereum that simplifies participation in the Pendle ecosystem. With Penpie, holders of $YU – Yala’s BTC-backed stablecoin – can stake Pendle LP-YU tokens for amplified returns and stack more Berries, Yala’s reward points.
What Is Penpie and How Does It Work for Boosting Pendle Yields?
Penpie is a subDAO from the Magpie team designed to help users earn more in the Pendle ecosystem, without needing to lock tokens or engage in complex governance. Its main role is to simplify access to vePENDLE-based rewards and boost yields for liquidity providers.
With Pendle, users can lock $PENDLE to obtain vePENDLE – a non-transferable governance token that determines how emission rewards are distributed across liquidity pools. The more vePENDLE a pool gets, the more $PENDLE it emits. But long lockups (up to 2 years) and governance demands make it largely out of reach for everyday users.
Penpie solves this by aggregating $PENDLE platform-wide and locking it collectively to gain vePENDLE voting power. It votes for the pools its users stake in, redirecting emissions and boosting LP rewards – no locking or governance required from users.
In short: Penpie manages the vePENDLE process for you, unlocking higher Pendle rewards – without long-term locks, governance friction, or reduced flexibility.
Example: If you use $YU to provide liquidity on Pendle
You have two options – and the difference matters:
With Penpie, you get:
- No need to lock your own $PENDLE
- No need to vote or manage vePENDLE
- Higher rewards passively
Getting Started on Penpie
The process for earning yields on Penpie is as simple as can be.
Follow the steps below to get started.
- Visit the Yala DeFi Marketplace.
- Select Penpie and click “Go”.
- Enter the amount of $YU LP tokens to deposit. Click “Approve”.
- Click “Deposit” and confirm the transaction in your wallet.
Important Reminder:
Before staking in Penpie, make sure you’ve obtained LP-YU tokens via Pendle. Depositing without Pendle-generated LP will disqualify you from the 6× Berries multiplier.
Need help? Here’s how to get LP-YU.
Unlock More, Earn Smarter
From Penpie to Pendle, Kamino to Raydium – each protocol opens a new door.
Yala DeFi Marketplace is evolving into a cross-chain engine for real yield – a place where your $YU doesn’t sit idle, but grows and adapts to your strategy.
And with every move, your Berries multiply.
Catch up on other tutorials: https://blog.yala.org/tag/guides/
Join the Yala Community
Yala is a native Bitcoin liquidity protocol that channels BTC into yield opportunities across DeFi and RWAs.
Bitcoin holders unlock capital through self-custodial, liquidation-free borrowing by minting $YU, a BTC-backed liquidity asset. In this process, they pay a stability fee directly to $YU depositors, effectively exchanging BTC-backed exposure for portable, capital-efficient liquidity and access to yield without giving up ownership.
Yala’s SmartVault module manages system risk and ensures efficient yield distribution.