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
Last updated