Penpie Governance Update: Effective today, #vlPNP functions on Ethereum, BNB Chain, and Optimism are disabled as we transition vlPNP to Arbitrum, as per PIP #21.📣
Penpie is consolidating #vlPNP governance on Arbitrum to enhance scalability and efficiency.🧲
Implementation Timeline:📆
👉 Oct 13: #vlPNP lock, unlock, and cancel unlock functions disabled on Ethereum, BNB Chain, and Optimism.
👉 Oct 14: Users can preview #vlPNP migration amounts on Arbitrum; the migrate button remains disabled.
👉 Oct 15: Final #vlPNP voting on Ethereum, BNB Chain, and Optimism.
👉 Oct 16: #vlPNP migration to Arbitrum enabled, and only #vlPNP on Arbitrum will be eligible to participate in the voting process.
👉 Oct 16: $mPENDLE rewards for #vlPNP will be aggregated and distributed exclusively on Arbitrum.
Note: Note: $PENDLE LP Boost on all chains remains unaffected.✅
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