Pendle: New Algorithm Incentive Model (AIM) to Launch on January 29, Emissions to Decrease by About 30% and Efficiency to Increase Significantly
Foresight News reported that Pendle announced it will officially launch its new Algorithmic Incentive Model (AIM) at 8:00 on January 29. The emission will be reduced by approximately 30% and efficiency will be significantly improved. Emissions will be automatically allocated based on each project's actual market contribution to the protocol and its users, with allocation weights referencing TVL and fee income.
New liquidity pools can receive higher incentives based on total value locked, in order to promote increased liquidity; over time, the focus of incentives will shift towards fee income. Each protocol can amplify rewards through its own external incentive measures, and Pendle will additionally provide up to 40% extra incentives. Furthermore, Pendle stated that with the cancellation of the ve incentive boost mechanism, the annualized yield for LPs is expected to increase, especially for pools with higher trading volumes.
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