The Penguin Black Hole

The PEFI token was created with its holders and their long-term wealth in mind. After thorough experimentation and ideation, we've created a positive feedback loop to incentivize a mass migration of tokens from liquidity providers into the Penguin Finance Ecosystem. There are several burning mechanisms in place where fees are collected in order to market buy $PEFI and burn it, which in turn increases the value of the token thus the APY generated by both the Penguin Igloos (liquidity pools) and Penguin Nests (staking). This then drives even more liquidity into the Penguin Ecosystem because of the increase of APY. This liquidity will then increase the price of PEFI because of burning mechanisms and a higher demand thus creating an ever-expanding Penguin Black Hole that will attract liquidity and reward all of our investors in the process.