Penguin Finance — Marketplace on Neptune

Penguin Finance
3 min readApr 6


Acquire Assets, own Liquidity. Diversify your treasury on the only bonding marketplace on Solana

Penguin Finance provides a platform for all projects on Solana to fundraising in terms of protocol owned liquidity through Treasury Bills (Penguin Bonds). It is a mechanism in which a User can sell their LP in the Neptune Bond Market to a protocol in exchange for discounted Payout Token at a future date.

Why not Liquidity Farming?

Protocols set aside a large percentage of their native token supply to incentivize liquidity providers (LPs). This negatively impacts the sustainability of the protocol in terms of a vicious cycle:

We need to break the wheel!

Why Treasury Bill (Penguin Bond)?

To protocols:

The goal of Penguin Bond is to help partners to get sustainable Protocol Owned Liquidity. Penguin Bond allows partner projects to own the liquidity created through the sale of Penguin Bonds. When combined with Staking Pool, it can be used to create an end-to-end sustainable liquidity mining program for our partner projects.

1. Protocol Owned Liquidity — Slowly building up your treasury’s LP.

2. Transforms liquidity from a liability to a revenue source — You can earn trading fees from your LP

3. Allows for additional liquidity farming opportunities to earn for Treasury — There can be also liquidity farming program which is supported by other Dex (Orca/Raydium) where they will incentivize with their their Dex tokens. You can choose to put your LP into the farms to earn extra yield.

To the community:

Inspired by a combination of TradFi, DeFi, and NFT products, Penguin Bond allows users to purchase the Payout Tokens at a discount in exchange for their liquidity provider (LP) tokens. In turn, Penguin Bond buyers gets a Vtoken to represent their position while their bond vests. Once the VToken vest, it can be redeemed for the Payout Token. It can be held or transferred to others.

Penguin x Parrot Grant Program — We know you want some help.

We have partnered with Parrot Finance to offer a Grant if you want to start selling your Treasury Bills (Penguin Bond) in the Neptune Bond Market. If you list the Bond using PAI pair as the LP quote for your Bond sale (e.g. PAI-Your native token), we will purchase your Payout tokens for 2 weeks if you set up a 8 weeks Bond on the market. It is essentially free subsidization on your token sale in the Neptune Bond Market.

What Are you waiting for?

Contact us on discord [] or telegram [@protectcoin] to discuss about putting your token on Bond sale in our Neptune Bond Market!

Noot Noot!

About Penguin Finance

Penguin is a Liquidity-as-a-Service Platform that offers comprehensive treasury management solutions, including swap, bonding, and staking services. Protocols can utilize Penguin’s bonding service to acquire liquidity rather than renting it, which can help them to remain sustainable in the long run. By implementing token vesting, protocols can align their incentives and communities with their long-term goals, fostering long-term involvement instead of short-term participation.

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Penguin Finance

Penguin Finance is a liquidity management protocol for projects built on Solana.