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