penDYST (Tokenized veDYST)

  • Tokenized deposits, minted 1:1 for each DYST locked in the platform.
  • Stake to receive platform fees (DYST), bribes and trading fees, PEN, and penDYST rewards.

Penrose Token (PEN)

  • Lock to receive a share of platform fees as penDYST.
  • Lock PEN for vlPEN to vote for Dystopia emissions gauge weights.
  • PEN is minted pro-rata for each DYST token claimed on Penrose.
    • Any changes to Penrose's emissions will be controlled by holders of vlPEN.


  • Max Supply: Dynamic, based on the total DYST supply
  • 5-25%+ to partner penDYST stakers
    • There is a 5% minimum distribution to all penDYST stakers, but no upper limit. Please refer to our penDYST page for more info.
    • Partners also have a special floor for PEN emissions. Please refer to our partners page for more details.
  • 0-95% LPs
    • LPs receive the remainder of PEN emissions after PEN emissions are distributed to penDYST stakers. PEN is distributed proportionally to DYST earned.
  • 10-20% to Treasury
    • Must be voted in by vlPEN holders.