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DeFi protocol Pendle revamps governance token, citing low adoption

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DeFi protocol Pendle revamps governance token, citing low adoption

DeFi protocol Pendle is set to replace its governance token, vePENDLE, with a new token called sPENDLE, aiming to enhance adoption through a more flexible governance model. The transition will begin this month as Pendle seeks to address the low adoption rates of its previous token.

Read the full story at CoinTelegraph →


Source: CoinTelegraph · Report an issue

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