Very interesting mechanics in the announcement of sPENDLE
"In the event where there is an active Pendle Protocol Proposal and an sPENDLE holder fails to vote, they would forfeit rewards for 14 days."
Meaning if you dont vote for an important governance proposal you'd forfeit rewards, forcing people to stay active in the governance process to avoid becoming a zombie DAO
• vePENDLE (2 year lock) replaced by sPENDLE (2 week withdrawal)
• voting and emissions becomes algorithmic
• Revenue used for buybacks
And also, if you have liquid PENDLE might want to consider max locking it before 29th Jan to get 4x boost in sPENDLE 👀
twitter.com/Slappjakke/status/...