Crypto
High Ether Yields Drive $50M to DeFi Protocol Pendle Finance
![](https://blacknewsdaily.com/wp-content/uploads/2023/04/B5OPXPAZWRFBTP62LWPQNMWI2E-780x470.jpg)
Pendle uses a dual-token model that breaks up and represents any investment into a decentralized finance (DeFi) protocol, such as Compound or Aave, into two parts: one, the initial principle put up by an investor, and two, the future yield expected to be earned on that position in the form of token rewards.