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Pendle has distributed an additional $7.49 million CHIPS reward to sPENDLE holders
Golden Finance reports that on April 27th, according to official sources, Pendle announced it has distributed a total of $7.49 million in CHIPS to sPENDLE holders, sourced from protocol fee income.
This distribution mechanism is based on a time-weighted calculation of users’ sPENDLE holdings during the previous cycle (April 7th to April 20th).
This CHIPS distribution is independent of the existing buyback reward mechanism and is considered an additional profit distribution.
In the future, Pendle will continue to enhance the token holders’收益 structure through multiple methods such as fees and buybacks to improve the overall sustainability of the protocol’s incentive system.