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DeFi protocol Pendle revamps governance token, citing low adoption

Pendle will begin to slowly phase out its governance token vePENDLE and replace it with sPENDLE this month, offering a more flexible model it hopes will boost adoption.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

DeFi protocol Pendle revamps governance token, citing low adoption

Pendle will begin to slowly phase out its governance token vePENDLE and replace it with sPENDLE this month, offering a more flexible model it hopes will boost adoption.

Why this matters

Pendle is showing up inside the DeFi theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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