PENDLE is the governance and utility token for Pendle. It follows the vote-escrowed model that directs the flow of rewards to different pools based on the pools that holders vote for.
PENDLE is a low-cap asset that represents the blockchain's native currency or monetary fee used to execute transactions on the network. This asset is exposed to the underlying risks of Pendle, a protocol rated as Good.
PENDLE has an uncapped supply. PENDLE is the governance and utility token for Pendle. It follows the vote-escrowed model that directs the flow of rewards to different pools based on the pools that holders vote for.