Discover and read the best of Twitter Threads about #receives
Most recents (1)
What is @pendle_fi you may wonder?👀
Pendle Finance is a DeFi protocol built on @ethereum & @arbitrum that allows users around the world to manage and trade #yield. It's a #permissionless platform, open to anyone with internet access.💯
🧵
Pendle Finance is a DeFi protocol built on @ethereum & @arbitrum that allows users around the world to manage and trade #yield. It's a #permissionless platform, open to anyone with internet access.💯
🧵
@pendle_fi @ethereum @arbitrum In traditional finance, #yield is the income from an investment, like interest from a bond or dividends from stocks.✍️
In #DeFi, yield often comes from #ProvidingLiquidity or #staking tokens. @pendle_fi introduces a novel approach to treating yield.🔥
2/7
In #DeFi, yield often comes from #ProvidingLiquidity or #staking tokens. @pendle_fi introduces a novel approach to treating yield.🔥
2/7
@pendle_fi @ethereum @arbitrum Pendle wraps yield-bearing tokens into "Standardized Yield Tokens" (SY).📝
These #SY tokens are split into two components:👇
1️⃣ Principal Token (PT)
2️⃣ Yield Token (YT)
Representing the original investment and expected yield, respectively.☑️
3/7
These #SY tokens are split into two components:👇
1️⃣ Principal Token (PT)
2️⃣ Yield Token (YT)
Representing the original investment and expected yield, respectively.☑️
3/7
