Over $6K in rewards deposited on @pendle_fi Votemarket for the first round.
Vote before Thursday to claim rewards on Thursday, no waiting required.
vePENDLE Votemarket is live.
Protocols can now purchase @pendle_fi gauge votes from 20M $vePENDLE through efficient onchain multi-week campaigns.
$vePENDLE holders can monetize voting power through automated onchain incentive distribution and weekly reward claims.
Votemarket Benefits for Protocols:
• Purchase targeted Pendle gauge votes from 20M vePENDLE supply
• Deploy multi-week campaigns with enhanced efficiency
• Direct liquidity to specific pools without individual voter outreach
• Automated distribution eliminates manual vote coordination
• Transparent pricing through decentralized onchain mechanism
• Pendle’s Votemarket only charges a 4% fee on claims, where other platforms charge a 10% fee on deposits
Votemarket Benefits for $vePENDLE Holders:
• Monetize voting power
• Collect weekly incentive rewards through automated distribution, claim whenever you want.
• No manual voting required - set and forget revenue stream
• Access additional yield on top of standard Pendle protocol rewards
Efficient Votemarket connecting protocols with voters.
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