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The underlying assets fully back the Pen-X Pension Fund. Each fund has an intrinsic value equal to the assets it represents. This is known as the Net Asset Value (NAV).
Pen-X Governance tokens (PENX) are freely traded on centralized and decentralized exchanges, enabling the Fund's price to fluctuate around the NAV.
Discrepancies between the NAV and market price create arbitrage opportunities, maintaining the peg against the underlying assets.