Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
P2P Loan
Grow your wealth in fiat investment
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
WCTC S8
Rewards

Pendle Distributes $7.49M CHIPS Rewards to sPENDLE Holders from Protocol Fees

GateNews
Token Events
PENDLE-2.49%

Gate News message, April 27 — Pendle announced it has distributed $7.49 million in CHIPS rewards to sPENDLE holders, funded by protocol fee revenue. The distribution was calculated based on time-weighted holdings during the previous cycle from April 7 to April 20.

The CHIPS distribution is separate from the existing buyback rewards mechanism and represents additional yield for token holders. Pendle said it will continue enhancing the reward structure through multiple channels including fees and buybacks to improve the protocol’s overall incentive sustainability.

View Source
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related News

04-27 09:01
CHIP Deployment Address Deposits 75M Tokens Worth $5.73M to Major CEX
04-27 07:05
$60M USDT Transferred to Major CEX from Unknown Wallet
04-26 10:01
Ripple Custody Platform Now Live With Major Banks Across Europe, Asia, and Middle East
04-26 03:03
Cheelee (CHEEL) to Unlock 6.42M Tokens Worth $2.82M on May 3
04-26 03:00
LAB Token Surges 18.8% as Core Team Address Transfers 18M LAB to Major Exchange
In-Depth Analysis

Babylon Foundation injects 3 million USDT into Aave, reinvesting the interest back into the ecosystem

Market Whisper04-27 02:17

Scallop’s abandoned V2 contract was exploited; after 150k SUI were stolen, it announced full reimbursement

Market Whisper04-27 01:21

Sui DeFi lending protocol Scallop is hacked, with a vulnerability in the old contract leading to 150k SUI stolen

ChainNewsAbmedia04-26 17:44
Comment
0/400
No comments