A coalition of the leading protocols on Polygon

Penrose is to Dystopia what Convex is to Curve - with a twist.

Some of our data metrics. Please check our dashboard for realtime updates.

Locked DYST Value
$Pen Price
Coming Soon

Partnered with the pros

Our high quality partners have locked into our protocol and are now enjoying more voting power and higher rewards!

With more to come!
Provide Liquidity

Supercharged yields on your own liquidity

Leverage the optimization of Penrose and earn increased DYST and Liquidity mining rewards with minimal effort!

StakE To Earn

Stake PEN to grow your share of the platform's earnings

Earn Dystopia's protocol fees, lesser locking duration (4 years > 16 weeks) as well as optimized bribes!

Hold To Control VOting Power

Have a voice in how Penrose expands

Control voting power, decide on DYST emissions, earn protocol fees and expand alongside Dystopia & Penrose.


Any questions towards our protocol?

What does Penrose do?

Penrose is a protocol for optimizing yield, voting rights and liquidity provision on Dystopia. Dystopia is a decentralized exchange (AMM) where tokens can be exchanged with user-provided liquidity. These users earn DYST emissions. Those who lock DYST will receive veDYST and a higher percentage of DYST rewards. veDYST or vote escrowed DYST is a concept first introduced by Curve Finance that aims to reward long-term users of a protocol. Those holding veDYST will receive trading rewards from the protocol as well as voting rights to direct DYST issuance.

Penrose for DYST Stakers

When users deposit their veNFT or DYST, they automatically receive a proportional amount of penDYST (penDYST is minted 1:1 for deposited DYST). penDYST is a tokenized, fungible representation of 1 locked Penrose DYST. Due to the way Dystopia's rebase mechanism works, this position is never diluted as Penrose automatically converts rebased DYST to penDYST and passes this on to penDYST stakers.

Who built Penrose?

The team behind Penrose is a coalition of multiple different teams (mainly the team of Sphere Finance and 0xLegion). Together, we are forging the next-generation of DeFi.

Do you have any pre-investors?

No. Penrose has been built without any external capital investments.

What financial risks do investors face?

Penrose was built with safety and security in mind. However, there are inherent risks in interacting with smart contracts for decentralized finance. Multiple teams have thoroughly reviewed Penrose's smart contracts to identify potential vulnerabilities in the platform before launch.

Even so, the possibility of losing some or all of your money is not zero. Please use caution and work within your own risk limits when it comes to interacting with the platform.

Besides Penrose specific risks, users are also committed to all risks affecting the Penrose platform as we integrate directly with them. Please also read their documentation and risk statements before connecting to any of the platforms.

Still have questions?

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