Pendulum.Finance
ON LGCY NETWORK • COST EFFECTIVE & EFFICIENT
Pendulum Finance is bringing DeFi to LGCY network, by utilizing Myriadex (LGCY’s decentralized exchange & automated market maker) liquidity pools to bring yield farming through Pendulum Finance.
The goal of Pendulum is to provide a fast, efficient and cost effective protocol that enables our community to earn rewards each block for staking their PLP tokens (Pendulum Liquidity Tokens) in the Pendulum Farming portal.
The Pendulum protocol is powered by the $PEND token and will initially launch with Yield Farming functionality, but the team will publish a forward roadmap to further diversify the offering into a broader range of DeFi services.
Pendulum Finance will incentivise Liquidity Pairs by offering Liquidity Providers the opportunity to stake their PLP tokens into our farms to earn attractive yields while also benefiting from the speed and cost effectiveness of the LGCY.
LPing ○ Yielding ○ Rebase
DECENTRALIZED FINANCE AS INTENTED
An ecosystem for LGCY dApps to flourish and enabling yield farming by deep liquidity and an automated yield farming protocol. Initially $PEND is built on top of liquidity pools of Myriadex to provide LP rewards in $PEND. As we expand, Pendulum Finance aims to roll-out more DeFi features, such as a lottery and lending. Rebase is scheduled to be released quickly in the form of a $rPend token, which is pegged to $LGCY’s price. More details will follow.