DeFi protocol Pendle revamps governance token, citing low adoption

DeFi protocol Pendle has announced a revamp of its governance token due to low adoption rates. The changes aim to enhance user engagement and improve the overall utility of the token within the ecosystem. Pendle's team believes that the new governance model will better align incentives and encourage more active participation from the community. This move comes as part of a broader strategy to increase the protocol's competitiveness in the decentralized finance space.

Read the full article: Coin Telegraph

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