DeFi Yield Marketplace Pendle Goes Live on Avalanche

TokenInsight news, Pendle, DeFi yield marketplace, goes live on Avalanche, with casting, pledging, and trading capabilities now in place. It supports a total of four assets at launch, each with its own underlying asset ownership OT pool and asset natural yield YT pool. Of these, Pendle's integration with Trader Joe, the Avalanche Eco DeFi protocol, supports xJOE and PENDLE/AVAX LP, and its integration with BENQI, the liquidity market protocol, supports qiAVAX and qiUSDC. Pendle says it is incentivizing liquidity mining with 125% of the base reward during launch week and will launch a trading incentive program next week.
Source

DeFi

Related News
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Radiant Capital hacker moves $52M in stolen funds Radiant Capital hacker moves $52M in stolen funds
Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
Latest News More More
3 Days Ago Kraken offers bitcoin ‘staking’ yield via Babylon without wrapping or lending
6 Days Ago Trump makes over $57 million from WLFI sales, Truth Social files for Bitcoin and Ethereum combo ETF, and more
June 13 XRP Ledger adopts USDC one week after Circle goes public
June 13 Wall Street back-office giant DTCC mulls stablecoin integration: report
June 10 Foresight Ventures Report Shows a Pendulent Shift of Over 32,000 Global Merchants Accepting Crypto Payment
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open