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DeFi protocol Pendle revamps governance token, citing low adoption

.1 min read
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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DeFi protocol Pendle revamps governance token, citing low adoption | CoinInformer