The addresses starting with 0xAa have locked 800,000 PENDLE in the past two weeks, with a total value of 4.72 million US dollars
According to on-chain analyst @ai_9684xtpa, in the past two weeks, addresses starting with 0xAa have locked 800,000 PENDLE tokens with a total value of $4.72 million, which will expire on April 9, 2026. Locking PENDLE tokens will result in receiving governance token vePENDLE, which provides community voting rights and protocol revenue sharing, similar to the veCRV mechanism.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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