Pendle Revamps Governance Token, Launches Liquid Spendle After Low Vependle Adoption
Pendle announced it will replace vote-escrowed vePENDLE with a liquid governance token, sPENDLE, as staking for sPENDLE opened on Tuesday, January 20, 2026.
Author
Tyler Anderson
Hi there! I'm Tyler Anderson from Sweden, and I'm a Web3 Reporter. My main focus is exploring the evolution of Web3, from DAO governance to the real utility of decentralized protocols. I've been immersed in this ecosystem for a while now, and my methodology is based on research-driven reporting, where I seek to filter out the hype to deliver factual, contextualized analysis on how we are building the internet of the future. I also keep a critical eye on the markets, analyzing how macro trends affect the adoption of these new technologies. My style is human and direct, but always professional, prioritizing technical accuracy so you have a clear view of what's really cooking in the blockchain.
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