High Ether Yields Drive $50M to DeFi Protocol Pendle Finance

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.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button