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TechFlow reports, according to on-chain analyst Ai Auntie, a whale has accumulated and locked 800,000 PENDLE tokens, worth approximately $4.72 million, with the lock-up period ending on April 9, 2026.
It is understood that locking PENDLE grants governance tokens vePENDLE, which provides community voting rights and a share of protocol revenues, a mechanism similar to veCRV.
According to on-chain analyst Ai Aunt, a whale has accumulated and locked 800,000 PENDLE tokens, worth approximately $4.72 million, with a maturity date of April 9, 2026. Locking PENDLE grants governance tokens vePENDLE, providing community voting rights and protocol revenue shares, similar to the veCRV mechanism.
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