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Web3 and digital democratization is the next pivotal phase of the startup job sector. With a vast market opportunity, we stand at the precipice of a new employment era.

The shift to a decentralized way of working has left behind aspects of traditional employment that are no longer fit for purpose. Unfortunately, there have been unintended collateral damage, namely, employment benefits.

Perhaps the most critical benefits are the workplace retirement and pension scheme. The move to Web3 has inadvertently resulted in a growing workforce with little to no pension savings.

As part of this mission, we invest 10% of Pen-X's management fees into non-profit Web3 research projects that help make Web3 a safer workplace.

At Pen-X, we believe that everyone in Web3 should be protected by a decentralized pension scheme and deserve to look forward to retiring one day. Whether in seven years or twenty-five, everyone deserves to look forward to growing old.

Support our fight and share this whitepaper with your colleagues if you believe in forging a new path towards open and safe employment in Web3.

Pen-X serves this seismic shift via a simple, passive, and cost-efficient DeFi protocol that offers the industry's first decentralized pension fund.

Imagine a movement that enables the workers of Web3 to securely save for their retirement without trusting centralized pension schemes and greedy banks.

No hidden fees. No complex language. Open and democratic. Accessible regardless of wealth, nationality or employment status.

Our Manifesto

Pen-X is a decentralized pension fund.


We are a global community of finance professionals, and blockchain engineers focused on providing secure retirement benefits for the workforce of Web3.

"Imagine a world where the self-sovereign worker receives a decentralized pension, typically reserved only for full-time corporate employees."  Alaska, Co-Founder Pen-X

The Pen-X Fund

The Pen-X Pension Fund is broadly diversified across on-chain assets, using yield farming and volatility target strategies to achieve long-term, stable returns in all market environments. The fund is currently being built & managed on the Set Protocol.

Pen-X Funds are tokenzed baskets of assets wrapped in a simple ERC-20 token, 100% backed by the underlying assets and 100% redeemable at any time.

The Governance Token

The PENX token is our governance token, making every customer a board member. It allows token holders to help shape the future of the Pen-X protocol by voting on product design, investment strategy proposals, and even changing the governance system itself.


The PENX token is also used to reward contributors and partners across the globe.




CAPITAL AT RISK. Information is for educational and illustrative purposes only. Pen-X is not engaged in the business of the offer, sale, or trading of securities and does not provide legal, tax, or investment advice. Cryptocurrencies and other digital assets are speculative and involve a substantial degree of risk, including the risk of a complete loss. There can be no assurance that any cryptocurrency, token, coin, or other crypto assets will be viable, liquid, or solvent. No Pen-X communication is intended to imply that any digital assets are low-risk or risk-free. Pen-X works hard to provide accurate information on this website but cannot guarantee that all content is correct, complete, or updated. Investors may not get back the amount originally invested.



We are a global community of finance professionals, and blockchain engineers focused on providing secure retirement benefits for the workforce of Web3.

Made with ❤️ across the globe

©2022 PEN-X DAO. All rights reserved.