TechFlow news — On December 4, Penpie launched the vePENDLE bribe market. vePENDLE holders can now allocate their voting power through the new vePENDLE bribe market to support different pools, influence the distribution of $PENDLE on Pendle Finance, and earn potential incentives.
To reward participation and optimize efficiency, Penpie has implemented a unique mechanism: when funds are deposited into the new vePENDLE bribe market, 20% of these bribe rewards are automatically directed to the same pool in the Penpie bribe market as bribes for vlPNP holders.
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