Three major DeFi protocols—Pendle, PancakeSwap, and Balancer—have abandoned the vote-escrow (ve) tokenomics model, citing governance issues and economic inefficiencies. Pendle transitioned from vePENDLE to sPENDLE due to low participation rates and unprofitable liquidity pools. PancakeSwap shifted from veCAKE to a burn and direct staking model after governance manipulation by aggregators. Balancer is phasing out veBAL following governance hijacking and security breaches. Pendle's new sPENDLE model introduces a 14-day withdrawal period and algorithmically managed issuance, aiming to improve profitability. PancakeSwap's Tokenomics 3.0 focuses on CAKE burns, targeting a 4% annual deflation. Balancer plans to redirect 100% of fees to its DAO treasury, eliminating emissions. These changes reflect a broader reevaluation of ve tokenomics, which has faced challenges like governance centralization and inefficient capital locking.