Penguin x Lydia Partnership

Published on: 24.06.2021

After months of working alongside each other to grow and improve the Avalanche ecosystem, Penguin and Lydia are officially partnering up to promote both communities and build a long-lasting relationship that will benefit users of the respective platforms.

As part of this partnership, Lydia and Penguin will support each other with marketing and development. Both projects recently got audited by CertiK, which highlights the mutual vision we both have to build greatness and put our users first.

Benefits for Penguins & Lydians
Many cross-token giveaways, farming opportunities, and staking protocols that reward both LYD and PEFI can be expected in the coming weeks, as the Club Penguin is approaching and so is the new 10x PEFI-LYD farm available exclusively on Lydia’s app! This farm has twice the rewards of a normal Avalanche project’s pool, and Lydia will receive 100% of the fees on this farm in our Penguin auto-compounder.

Furthermore, a PEFI Electrum pool will be available on Lydia Finance in which users can stake LYD to earn free PEFI tokens! A generous amount of PEFI is being allocated to this pool, which will run for a limited amount of time to provide Lydians and Penguins high-APYs on the platform.

Additionally, Lydia’s new character style will be made available in the next round of the Penguin Emperor.

The cute new penguin character is called “Lydian” and displays a penguin in a lion costume, which is the mascot of Lydia Finance.

It is incredibly exciting to embark in this journey together and many great things will come as a result of this partnership. This is only the beginning of what we’re capable of doing together and much more can be expected in the future, as we help grow the Avalanche ecosystem together and make it a better place for all users.

What is Penguin Finance?

Penguin Finance is a platform powered by Avalanche building an innovative set of decentralized applications, financial products, and documentation for both technologically savvy individuals and those with absolutely no knowledge of cryptocurrency.

What is Lydia Finance?

Lydia Finance is an Automated Market Maker, Yield Farming, and Staking platform on Avalanche.

Their rich UI and comprehensive documentation/tutorials allow every level of users to invest in DeFi and maximize their earnings by taking advantage of Avalanche’s lightning-fast infrastructure with very low gas costs.

Trade, stake, pool, and earn $LYD and many other token utilities all on Lydia Finance.