Pendle updates the vePENDLE airdrop mechanism and will switch to continuous distribution

According to Foresight News, Pendle announced that it will no longer distribute rewards to vePENDLE holders according to its previously promised monthly airdrop plan from February to June 2025. The team stated that as the number of asset types supported by the agreement continues to increase, vePENDLE holders will continue to receive airdrops based on the actual rewards received under the agreement. The new airdrop mechanism will take monthly snapshots and distribute them after receiving rewards. The snapshot time is 08:00 on the 20th of each month, and the distribution method will still be based on the proportion of vePENDLE holdings, including the vePENDLE holdings in Liquid Locker. This mechanism aims to ensure that vePENDLE holders continue to benefit from the revenue generated by protocol growth.