Pendle Introduces sPendle with 14-Day Withdrawal to Enhance Liquidity
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 20 2026- Liquidity Enhancement: Pendle plans to replace vePendle with sPendle, introducing a 14-day withdrawal period instead of multi-year locks to enhance user engagement and drive broader adoption of the protocol.
- Revenue Distribution Mechanism: sPendle holders will receive over 80% of the protocol's revenue through PENDLE buybacks and fee distributions, ensuring a balance between liquidity and rewards for users.
- Governance Weight Shift: sPendle will become the primary governance token, with vePendle locks paused and a new incentive structure taking effect on January 29, promoting wider user participation and governance.
- Algorithmic Emissions Model: Pendle will introduce a new algorithmic emissions model expected to reduce overall emissions by approximately 30%, improving allocation efficiency across all pools and ensuring long-term capital efficiency and sustainability.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
