⚡ VePENDLE officially exits the historical stage, and @ pendle_fi updates the LP incentive model along with it—— The algorithm incentive model has been launched, and it is expected that the APR of LP will increase overall, making it even more profitable for family members to do LP in the future! The new model this time mainly changes the incentive allocation from "human selection" to "data-driven", focusing only on two indicators: TVL and transaction fees. The algorithm will perform a dynamic weight allocation between the two, automatically determining where the incentives are emitted, and the entire process does not require manual intervention. In the early stage, more emphasis was placed on TVL, guiding liquidity to come in first; Gradually tilt towards transaction fees in the later stage, rewarding genuine transactions. So this model is actually forcing the LP to make money back into the selection pool itself. The larger the trading volume and the higher the transaction fee, the more willing the model is to continue emitting; The unpopular pool will not be maintained indefinitely, and incentives will automatically withdraw. This not only fundamentally improves incentive efficiency, but also reduces waste for Pendle, with an expected reduction of approximately 30% in PENDLE emissions. Under the logic of the strong always being strong, the operational strategy has become simpler: Only focus on real transactions and prioritize the pool LP with the most active trading for the current period. In addition, although ve boost is no longer available, if external protocols are willing to contribute money together, Pendle will also work together to incentivize, and can leverage up to 1.4X times the reward. For those who have been doing LP for a long time, the single pool rewards they can receive will be more than before, which is a clear and more worry free and predictable change! You can join Pendle's Chinese community and learn more about the LP strategies of the big shots: https://t.me/PendleFinance_CN