vePENDLE token
Overview
vePENDLE is the vote-escrowed version of the PENDLE token, obtained by locking PENDLE for a fixed period. It grants holders voting rights in gauge weight allocation, a share of protocol fees, and other platform benefits. vePENDLE is non-transferable but can be withdrawn as PENDLE after the lock expires.
Within the DeFi Intel graph, vePENDLE connects to 5 tracked entities, most strongly to Pendle, Pendle, Pendle Amm v2.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 5 of 5 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | Pendle | 95% |
issues | Pendle | 95% |
earns_fees_from | Pendle Amm v2 | 95% |
governs_via | PENDLE | 95% |
governs | Pendle Amm v2 | 90% |
Frequently asked questions
What is vePENDLE?
vePENDLE is the vote-escrowed version of the PENDLE token, obtained by locking PENDLE for a fixed period. It grants holders voting rights in gauge weight allocation, a share of protocol fees, and other platform benefits.
How do you obtain vePENDLE?
vePENDLE is obtained by locking PENDLE for a fixed period. It is non-transferable but can be withdrawn as PENDLE after the lock expires.
What benefits does vePENDLE provide?
vePENDLE grants holders voting rights in gauge weight allocation, a share of protocol fees, and other platform benefits. It earns fees from Pendle Amm v2.