Pendle Finance Launches New PENDLE Token to Enhance DeFi Capital Efficiency

Decentralized finance (DeFi) yield trading protocol Pendle Finance has introduced a new tokenomics model for its native PENDLE token. The upgrade is designed to significantly improve capital efficiency for users within its ecosystem. The new token mechanism allows PENDLE holders to lock their tokens, granting them boosted rewards and enhanced voting power in governance decisions. This strategic move aims to deepen protocol loyalty and incentivize long-term participation. By aligning user incentives with the platform's growth, Pendle seeks to strengthen its position in the competitive DeFi yield optimization sector. The update reflects ongoing innovation in decentralized finance to create more sustainable and user-beneficial economic structures.