Pendle Profile picture
17 Jun, 5 tweets, 2 min read
Pendle markets are open! We hope you’re ready to trade your yield.

Minting of YT+OT and trading of YT pairs are live on the app: app.pendle.finance
Kickstart the DeFi yield layer and be rewarded!

OT LPs do not have to stake their LP tokens.
Here’s a mainnet tutorial for seamless Pendle navigation: medium.com/pendle/pendle-…
If you haven’t seen our OT and YT cheatsheets, check them out below.
Please note that OT LPs will give up their stkAAVE and COMP rewards as Sushi pools do not support the feature.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Pendle

Pendle Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @pendle_fi

16 Jun
We’re live in 12 hours! We hope you’re as excited as we are :)

To help you ease into the system, we have created 2 cheatsheets for Ownership Token (OT) and Yield Token (YT), both of which are key components of Pendle.
Deposit a yield-generating token into Pendle to mint YT and OT.

At launch, @AaveAave‘s aUSDC and @compoundfinance’s cDAI will be supported.
YT represents the right to receive yield from the underlying.
Buy YT for direct yield exposure, sell YT to cash in your yield for an upfront payment.
Read 7 tweets
14 Jun
After nearly a year of building, we’re excited to share that we will be live on Ethereum - 17 June 0100 UTC.

Users will be able to trade and hedge their yield. In these volatile times, Pendle gives you the ability to act on your views of DeFi yields.

link.medium.com/oJg1F3Qa5gb
We will activate auto-compounding Pendle Staking in 1 hour.

Users can stake PENDLE for more PENDLE at app.pendle.finance.
Dual Rewards (PENDLE + SUSHI) in the @SushiSwap Onsen will be live later this week! Image
Read 6 tweets
16 Apr
1/ We’re excited to announce the investors supporting Pendle’s vision for creating the next layer of DeFi yield markets.

Led by @MechanismCap, we’re grateful to have raised $3.7M in our seed and private rounds, with support from an amazing group of funds and individuals.
2/ Transforming Pendle from an idea into a reality would also not have been possible without the help of our advisors:
+ @loi_luu (@KyberNetwork)
+ @0xttk (@ambergroup_io)
+ @SSrinawakoon (@BandProtocol)
+ @TKKevin7 (@naos_finance)
+ YY Lai (@Signum_Capital)
3/ Pendle’s token allocation will break down as follows:

Liquidity incentives: 37%
Team: 22%
Ecosystem fund: 18%
Investors: 15%
Liquidity bootstrapping: 7%
Advisors: 1%
Read 9 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(