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Penpie to Launch on Sonic

Twitter icon  •  Published 3 weeks ago  •  Hassan Maishera

Sonic Labs, previously known as the Fantom Foundation, announced via X on Friday that Penpie will launch on the Sonic blockchain.

Sonic Labs, previously known as the Fantom Foundation, announced via X on Friday that Penpie will launch on the Sonic blockchain. Penpie is a DeFi platform designed to provide Pendle users with effective yield and boosting services, maximizing their APR.

Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its FTM coin is up 3% in the last 24 hours and is currently trading at $0.6631.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.