Pendle, a yield trading platform, is introducing a new token model. The overhaul involves moving away from multi-year locks. The new system will feature a liquid staking model. A revenue-driven reward system is also part of the changes. The development aims to boost capital efficiency for users on the platform, according to reports.

Pendle, a yield trading platform, is introducing a new token model. The overhaul involves moving away from multi-year locks. The new system will feature a liquid staking model. A revenue-driven reward system is also part of the changes. The development aims to boost capital efficiency for users on the platform, according to reports.