> For the complete documentation index, see [llms.txt](https://docs.equilibria.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.equilibria.fi/mechanism/boost-pendle-lp-yield.md).

# Boost Pendle LP Yield

<figure><img src="/files/WH3csHAXQM7um2zXsjZM" alt=""><figcaption></figcaption></figure>

The graph demonstrates the integration structure between Pendle Finance and its liquidity providers. Our core idea is to align liquidity providers and $PENDLE holders together to maximize incentives for all participants.

Liquidity providers, who provide liquidity to Pendle through Equilibria, can earn boosted rewards, even if they do not own any vePENDLE.

$PENDLE holders, on the other hand, can convert their tokens into $ePENDLE and stake them to earn rewards. $ePENDLE holders can also easily exit their position by swapping back to $PENDLE, providing flexibility and ease of use.