Ethereum

Pendle

Arbitrum

Launchpool

Reported Coindesk, Ethereum and Arbitrum-based liquid staking derivatives (LSD) platform <a target="_blank" href="https://tokeninsight.com/en/coins/pendle/overview">Pendle</a> will expand to the BNB Chain network today as developers look to capture newer users and attract revenues for the burgeoning service.
Pendle is a DeFi protocol that enables the trading of tokenized future yield on an AMM system. Pendle aims to provide the holders of yield-generating assets with the opportunity to generate additional yield and to lock in future yield upfront, while offering traders direct exposure to future yield streams, without the need for an underlying collateral.
Pendle holds the tenth-largest TVL on Arbitrum and is the biggest RocketPool ether (rETH) holder and the third-largest wrapped staked ether (wstETH) on the network. The locked value of tokens on Pendle has grown nearly 300% since the start of this year despite a general bear market.
Related: <a target="_blank" href="https://tokeninsight.com/en/news/binance-introduces-pendle-pendle-on-launchpool">Binance Introduces Pendle ($PENDLE) on Launchpool</a>
&nbsp;
<a target="_blank" href="https://tokeninsight.com/en/cryptocurrencies">TokenInsight</a> is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email <a href="mailto:news@tokeninsight.com">news@tokeninsight.com</a>. Your trust will be well respected.

Pendle Finance Expands to BNB Chain

TokenInsight

Други статии, публикувани на 5.07.2023 г.

Markets Take Bearish Turn as Verge (XVG) Dominates

Filecoin Rival STORJ Soars 51%, Here's Why

Winklevoss Threatens Legal Action Against DCG over Genesis Debacle

Choise.com’s New Partnership With the ELF Stars Vienna Vikings Is a Touchdown for Both Crypto and...

Shiba Inu's 800 Billion SHIB Dump Creates Epic Red Candle Chaos

South Korea Launches the Next Stage of Virtual Asset Regulation Research

Присъединете се към нашия безплатен бюлетин за ежедневни крипто актуализации!