Valueverse(@valueverse_ai):$PENDLE buybacks are distributed to sPENDLE and vePENDLE as rewards, so it's a way to distribute revenue to holders. Buybacks don't remove PENDLE from circulation forever. The majority of revenue is received by vePENDLE (~$16m/year), not sPENLDE (~$1.2m/year at current rate)

Valueverse

@valueverse_ai

Data & Research platform for tokens' value Revenue captured by token holders, and what the market pays for every $1 of it. TG:

Joined July 2024

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Valueverse@valueverse_ai

2026.09.29 10:48

$PENDLE buybacks are distributed to sPENDLE and vePENDLE as rewards, so it's a way to distribute revenue to holders. Buybacks don't remove PENDLE from circulation forever. The majority of revenue is received by vePENDLE (~$16m/year), not sPENLDE (~$1.2m/year at current rate)