FINANCE:PENDLE
Pendle Finance
- Privately Held
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Description
Pendle Finance is a protocol deployed on Ethereum and Arbitrum that facilitates the tokenization of yield on assets through a fixed-rate lending market. Users can deposit yield-bearing assets into the platform, and the smart contract separates the principal and interest by minting principal tokens and yield tokens. The protocol also incorporates an automated market maker (AMM) ...Show More