boro

$PENDLE Upgrade: A Liquidity Revolution
The defining story for Pendle this month is the launch of sPENDLE, which officially went live on January 20. This new liquid staking token replaces the legacy vePENDLE system, which previously required multi-year lockups.
Capital Efficiency: By shifting to a 14-day withdrawal period (or instant redemption for a 5% fee), Pendle has removed a significant barrier to entry for institutional and retail users.
Inflation Reduction: The upgrade includes an algorithmic emissions model targeting a 20-30% reduction in PENDLE inflation, a move that has been highly welcomed by long-term bulls.
2. Boros Integration & RWA Leadership
Pendle’s expansion into Boros (the perpetual funding rate platform) has added a new revenue stream. Boros reached a milestone of $\$6.9B$ in open interest this month. As a leader in the Real-World Asset (RWA) and yield tokenization sectors, Pendle is capturing a growing slice of the $\$63B$ perpetual derivatives market.
3. Price Performance & Technicals
PENDLE began January at $\$1.88$, reaching a monthly high of $\$2.38$ during the early-January hype.#PENDLE #sPENDLE #DeFi #Boro