V3 - Governance Integration

• Launch of $PEN token as the protocol’s governance token

• Deployment of the Pencil DAO for community-led decision-making:

  • Voting on lending partner whitelisting, protocol parameters, and fee structures

• Full decentralization of fund and treasury management

• Enhanced performance analytics, including:

  • Historical yields

  • Default rates

  • Real-time bundle health metrics

• Institutional-grade reporting and compliance tools

• Introduction of liquidity mining for ecosystem incentives

• Support for liquidity staking using $PEN or other assets

• Launch of additional structured yield products to diversify investor strategies