I don't know if you have noticed that Pendle has been soaring recently. I have studied it from many aspects. It is mainly because it has launched a four-fold Bitcoin interest-bearing product with Solv, Babylon, and Corn, and officially entered the BTCFi field!
After the launch of this new product, TVL quickly exceeded 26 million US dollars, and the yield of liquidity providers also remained steadily at 30%💰
After the launch of this new product, TVL quickly exceeded 26 million US dollars, and the yield of liquidity providers also remained steadily at 30%💰
The reason why this product is so popular is that it provides the best Bitcoin income in the current market. Users can enjoy the four-fold rewards of Solv, Babylon, Corn and Pendle. In addition, Solv and Babylon's TGE is coming soon, and Pendle provides everyone with the last chance to get high-multiple points!
If you want to participate:
Choose PT, you can stake SolvBTC.BBN to get a fixed income of 8%;
Choose YT, you can get 53 times Babylon, 153 times Corn and 712 Solv points;
Choose LP, you can enjoy an annualized return of 30% (including Pendle rewards).
Choose PT if you want a fixed income, and choose YT if you want more points, especially now that buying YT is almost a sure win! According to Pendle's internal data, if the market value of Solv, Babylon and Corn reaches 1 billion, the APY of buying YT may soar to about 500%; if you want to balance points and income, LP is a good choice!