Pendle skyrocketed, this article will explain the Pendle ecosystem in detail
introduction Over the past few months, Pendle has become a bright spot in the cryptocurrency market, attracting widespread attention for its significant rise in price. Soaring from $1.3 in January 2024 to $7.1 in April, Pendle proved the appeal of its unique revenue management solution in the volatile crypto market. But what exactly is Pendle, and why has it attracted so much investor attention? Today, let’s take a look at Pendle and learn about the Pendle ecosystem in detail!
Pendle Pendle is a decentralized protocol based on Ethereum that focuses on innovative yield management strategies, allowing users to buy and sell future yields through its unique mechanism. This approach not only provides new investment opportunities, but also brings revolutionary changes to the liquidity and pricing of yields.
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