What is Thrupenny (TPY)

Thrupenny is introducing cutting-edge DeFi infrastructure for investments, loans, and borrowing. It aims to be effortlessly navigable, catering to both seasoned users and those new to the scene. What’s more, it presents enticing chances for staking with high yields, handing people and groups an unparalleled grip on their financial assets.

Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (TPY/USDT – Trade it here) on the Innovation Zone! Check it out now!

What is Thrupenny (TPY)
What is Thrupenny (TPY)

What Does Thrupenny Bring Into DeFi?

Thrupenny is a new DeFi player, boasting an intelligent investment mechanism as well as an integrated Decentralized Exchange for derivatives right on the site. This dynamic pair has the potential to change the existing DeFi landscape. The goal is simple: to create a decentralized financial universe in which individuals and communities control their monetary assets, fostering financial inclusion and democracy.

It has the ultimate goal of creating and delivering top-tier decentralized financial tools and services with openness, accessibility, and a trustless base. All while connecting customers to a stable and dependable platform and providing them with access to a wide range of financial services and opportunities.

Main Features of Thrupenny

Lending and Borrowing

Thrupenny’s lending and borrowing protocol presents a secure and streamlined avenue for users to tap into funds while earning interest on their digital holdings. It’s not just about safety and efficiency. This protocol stands out by accommodating an array of mainstream assets, guaranteeing transparent transactions, and offering an interest rate that’s both equitable and competitive.

Here, users can lend and borrow a spectrum of popular digital assets, including the likes of BTC, ETH, USDT, and USDC. It also flexes with the ongoing back-and-forth of borrowing, depositing, redeeming, and repayments, all in the name of keeping funds continuously at the fingertips of users.

Meanwhile, the interest rates are masterfully calculated to ensure harmony with the market’s rate. Here’s where it gets interesting. The variable rate and stable rate borrowing choices usher in a world of flexibility. Rates are in a perpetual tango with real-time data, keeping them fresh and aligned with the ever-shifting market. This nimble arrangement guarantees that the interest rates on offer are in sync with the current market conditions.

Staking and Yield Farming

Thrupenny’s Staking and Yield Farming platform is a spot where users can bask in rewards by entrusting their TPY and USDC to deposits and staking. Users can deposit and stake their TPY and USDC in liquidity pools. The more you bring to the table, the merrier the rewards become. Furthermore, smart contracts are on the case. They ensure your assets stay locked away safely in the pool, only accessible by you.

Rewards, on the other hand, come in the form of TPY and USDC, depending on which pool you’ve dived into. As more users join the pool, the interest rate cranks up, a nudge to entice even more participation. Meanwhile, the whole process is automated. Smart contracts do the heavy lifting—deposits, staking, rewards—all wrapped up in lines of code. This means no bad actors and middlemen; just a tamper-proof, transparent, and trust-filled environment.

If you’re the liquidity provider type, you’re in for a treat. By stashing your assets and helping the platform stay liquid, you earn your own slice of the pie. This means a piece of the transaction fees and the trade spread head your way. So, not only are you giving the platform a boost, but you’re also enjoying a sweet return on your contribution. It’s a win-win scenario that keeps the platform’s liquidity in tip-top shape.

Where to buy TPY Token

You can find TPY Token here at MEXC! We are listing TPY/USDT in our Innovation Zone!

What is the Price of TPY Tokens?

The TPY Token is currently trading at MEXC with a live price of $0.6831. It also has a fully diluted market cap of $683,108,990. You can check the live price of their token right here!

How to buy TPY Tokens on MEXC

You can buy TPY Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “TPY” using the search bar to see the available trading pairs. Take TPY/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of TPY you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy TPY] to confirm your order. You will find the purchased TPY in your Spot Wallet.

You can find a detailed guide on how to buy TPY Tokens here.

Get Free Airdrops with MEXC Launchpad!

Did you know MEXC gives out 20+ free airdrops weekly? Launchpad and Kickstarter events ensure that all our loyal MX token HODLers receive a ton of new tokens! Learn all about it at our MX Zone now!

Meanwhile, check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

Join MEXC and Start Trading Today!