Pendle: Staking boost ends, equalizing PENDLE reward weight - 20 Jan 2028
Pendle's loyalty boost, which gives vePENDLE lockers extra reward weight on Pendle staking, falls to zero on the scheduled end date. After that point, one staked PENDLE equals one unit of reward weight for every staker, and the boost mechanic no longer differentiates between lockers and plain stakers.The end of the boost collapses the 176.5M virtual sPENDLE premium that had amplified locker weight. With reward weight equalized across all participants, plain staker yields can rise sharply toward the stated 10.67% ceiling. This is a fixed, material change to PENDLE staking economics, and because the schedule is known in advance, stakers and lockers can adjust their positions before the transition rather than reacting to it afterward.The bar is the same total staked, split three ways: 35% liquid sPENDLE, 63.5% still under a live vePENDLE lock, 1.6% expired but not withdrawn.Below it, the loyalty boost in four numbers:1. Virtual sPENDLE (176.5M): what the locked PENDLE counts as when rewards are split.…