🚀Crypto protocol Pendle has secured an Arbitrum STIP Bridge Grant and plans to distribute 1 million ARB rewards to select Arbitrum liquidity providers, starting June 20th! This move aims to bolster Arbitrum's market position and foster user participation.

🔍Pendle, known for creating a marketplace for yield-bearing tokens, recently launched the sUSDe pool, offering users 20x the Sats plus USDe staking yield daily. With a cap set at $100 million, Sats earnings could receive a 50% boost through ENA or YT-ENA tokens.

🎉Calling all Arbinauts! Join the conversation below and let's discuss what this means for the future of Pendle and Arbitrum. #CryptoNews #Pendle #Arbitrum