Pendle Intern's Notes
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Random ramblings of a cartoon character. Usually before his morning coffee too.
Needless to say - NFA.
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Oh I'm ready, are YOU ready? 😍

Gee-freaking-em boys and girls
Introducing sPENDLE

Our new liquid staking token replacing vePENDLE!

Key upgrades:
- 14-day withdrawal period (vs multi-year locks)
- Protocol revenue β†’ PENDLE buybacks β†’ distributed to sPENDLE holders
- Algorithmic emissions cuts PENDLE inflation by ~30%
- vePENDLE holders get exclusive boosted sPENDLE (up to 4x) during transition

Full details in the article(s) below πŸ‘‡πŸ»

X: https://x.com/pendle_fi/status/2013431342546157825
Medium:https://pendle.medium.com/introducing-spendle-8479744dfdf8

Welcome to the new era of PENDLE tokenomics friendinos 🫰🏻
XRP Markets are now live on Boros!

USDT Collateral
- XRPUSDT-Binance
- XRPUSDC-Hyperliquid

Both markets mature on 27 Feb 2026.

In other news, Maker Order Rewards are now are also live!

Earn PENDLE rewards by simply placing limit orders (within a designated range). It's that simple!

Maker order rewards will only be available for selected markets in this pilot phase, and will be extended to all markets in the future.

More info πŸ‘‡πŸ»

XRP Markets: https://x.com/boros_fi/status/2014276888936808650

Maker Order Rewards: https://x.com/boros_fi/status/2014497449377988757
Introducing our new, upgraded incentive model WOOOOHOOO!

Algorithmic Incentive Model (AIM)

AIM will go live on 29 Jan 2026, 00:00 UTC, right after vePENDLE concludes.

This will cut PENDLE emissions by 30%, automatically allocating emissions based on real contributions to us (TVL and fees).

For more info, check out our announcements πŸ‘‡πŸ»

X: https://x.com/pendle_fi/status/2016056840707309620

Medium: https://pendle.medium.com/algorithmic-incentive-model-aim-ca12950fb8ba?postPublishedType=initial
AHHHHHHHHHHHHHHHHHHHHHHHH πŸ’£πŸ’₯

This is a NOT so gentle reminder that we have an sPENDLE Special AMA on our Discord TODAY!!!

28th January 2026, 00:00 UTC

Be there or be square 🫡🏻

More info: https://x.com/pendle_fi/status/2014684604112973957
You can now trade HYPE funding rates with HYPE collateral on Boros!

We’re wrapping up January with these new additions:

HYPE collateral (27 Feb 2026)
- HYPEUSDC-Hyperliquid
- HYPEUSDT-OKX

P.S. To get HYPE on your Boros account, simply deposit HYPE into your Boros Deposit Account via HyperEVM (Deposit > Exernal Transfer)

Like and RT: https://x.com/boros_fi/status/2016353455062057406!!!!
Reminder that tomorrow (29th Jan, 00:00 UTC):

- vePENDLE locking ends
- Algo Incentive Model kicks in
- vePENDLE snapshot for sPENDLE Loyalty Boost

Regarding the last point, it's the final ~18 hours of our lives to lock vePENDLE for the last time and secure a Loyalty Boost (up to 4x).

Potential play if you wanna juice your PENDLE rewards and perfectly okay with sacrificing liquidity by getting locked.

What's your play here, anon?

More info: https://x.com/PendleIntern/status/2016392336327245945?s=20
The hottest assets in the world are now on Boros

Their wild run in the past few months have seen their funding rates bouncing wildly from 65% to -394% APR.

For the first time, GOLD and SILVER fundings are open for trading (27 Feb maturity):
- XAUUSDT-Binance
- XAUUSDT-OKX
- XAGUSDT-Binance

Like and RT: https://x.com/boros_fi/status/2018930423724986534
Speaking of Aave, seems like PT-srUSDe just got a "YAE" as collateral too.

44% max loop APY (borrowing USDe) in the making πŸ’¦

Like and RT: https://x.com/pendle_fi/status/2019614270884044868