DeFi· ★★★· bullish·

Pendle Cuts Token Emissions 92%, Boosts Liquidity Depth 40%

  • Emissions cut roughly 92% versus an original 30% target
  • Annual PENDLE inflation now 0.2%, versus 0.85% for Bitcoin
  • Over 2.68 million PENDLE bought back for about $3.7 million, a 10:1 buyback-to-mint ratio
  • More than 100 million PENDLE staked via sPENDLE, about 36% of supply
Why it matters: Pendle shows algorithmic incentive allocation can sharply cut inflation, but the buyback pace hinges on holding or growing roughly $13 million in annual revenue.
Source: Crypto Briefing