Everest DAO is joining the Club! Over 3M EVRT staking rewards for iPEFI holders.

Published on: 05.11.2021

Everest DAO and Penguin are joining hands! Everest DAO — a decentralized platform that brings exclusive use cases and dApps to the Avalanche Community — is offering 3,000,000 $EVRT tokens (~$170,000) EVRT iPEFI holders via the Club Penguin dApp. An estimated annual interest rate of 130% makes this iceberg a success.

Innovation-driven and active, Everest DAO is tackling new and exciting products that massively benefit the Avalanche ecosystem. Most recently, they launched an “options” dApp which enables users to predict the future price of certain tokens with increased benefits. In Q4 alone, the project plans to release more dApps, conduct a third-party audit for their smart contracts, and an exciting ‘Everest Rush’ program with EVRT incentives for their users!

Whether it’s DeFi, DAOs, or NFTs, Everest DAO plans to fill the gap that’s missing on the network and increase market efficiency.

Learn more about Everest DAO.

How it works

Users of the Penguin Finance protocol will be able to stake iPEFI on an “Iceberg” to earn very attractive APRs with no impermanent loss over a period of 1–2 weeks. Rewards for this pool will go live in November and users will be able to stake as early as next week!

About Everest DAO

Everest DAO is an innovation-driven project focused on tackling new and exciting products that range from DeFi, DAOs, NFTs, and more. Our goal is to deliver on products users want and increase market efficiency. We provide our Dapps with fast settlement and low fees through the Avalanche Network.

About Penguin Finance

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