Pendle is a futuristic DeFi protocol that allows you to realise the future interest of a yield-bearing token like aUSDC or cDAI by breaking it into two derivative tokens, a Yield Token and an Owner Token. This opens up fresh possibilities for owners to create liquidity, for traders to leverage yield opportunities without locking up principle and for arbitrageurs to get jiggy rebalancing the market inside Pendle’s custom AMM engine.
Get Your Future Yield Now with $PENDLE
Enjoying this article?
Stay up-to-date with The Defiant Newsletter. We do the research for you.
No spam. Unsubscribe anytime.