Pendle Introduces New Governance Token To Spur Broader Adoption
Decentralized Finance yield platform Pendle is set to replace its vePENDLE token as its primary governance and reward token, arguing the previous design held back broader adoption. In an announcement via X on Monday, Pendle unveiled sPENDLE, its new “liquid staking token” that will soon replace vePENDLE as the primary governance token on the protocol. ...
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