Convert Beldex BDX to mPendle MPENDLE

Beldex building a decentralized confidential ecosystem in Web3 for secure digital interactions.. The concept of the project was developed in 2018, and launched in the same year. The Beldex project is committed to enhancing user data protection and their confidentiality online. BDX is an ecosystem coin that facilitates confidential transactions. Beldex's mission is to provide a confidential environment where data can be exchanged securely. The project is focused on individual safety and true data confidentiality with systematic research to ensure the confidentiality of individual transactions, and thus the safety of users and the security of their funds. BDX operates on the Beldex decentralized blockchain for performing secure transactions, while the ecosystem supports secure and confidential dApps, among them: BChat, BelNet, Beldex Browser, the Beldex protocol, and the Beldex bridge. Initially, Beldex was developed on a PoW architecture followed by a transition to the PoS consensus model in order to increase the scalability of the BDX token, lower fees and reduce transaction times.

What is the project about? Penpie is a next-generation DeFi platform designed to provide Pendle Finance users with yield and veTokenomics boosting services. Integrated with Pendle Finance, Penpie focuses on locking PENDLE tokens to obtain governance rights and enhanced yield benefits within Pendle Finance. Penpie revolutionizes the way users can maximize returns on their investments and monetize their governance power. What makes your project unique? Penpie gives PENDLE holders the chance to earn high APR by converting their tokens into mPENDLE. By leveraging the power of Pendle Finance's veTokenomics model, Penpie offers users the opportunity to earn more PENDLE rewards with their PENDLE tokens. Penpie has created mPENDLE, a Penpie version of the PENDLE token, which allows users to earn a large share of PENDLE rewards while enjoying increased flexibility through Penpie. This mechanism gives PENDLE holders the chance to earn high APR% by converting their tokens into mPENDLE at a 1:1 ratio. History of your project. What’s next for your project? What can your token be used for? mPENDLE refers to "Magpie PENDLE", is a liquid version of vePENDLE that allows users to earn passive income on Penpie. PENDLE holders can convert tokens into mPENDLE on Penpie to earn boosted APR. Penpie takes all converted PENDLE tokens and locks them on Pendle Finance in order to acquire more vePENDLE. This, in turn, allows Penpie to provide boosted APR for its depositors. The process of permanently removing tokens from circulation is known as 'blackholing' and cannot be reversed. mPENDLE holders have the option to exchange their tokens for PENDLE on Wombat Exchange.