Attention to those holding Pendle! A vePENDLE airdrop snapshot will be taken on December 31!
After this decline, it's a great time to buy the dip on Pendle and stake it: https://app.pendle.finance/vependle/lock/update
Pendle is a cryptocurrency that I have always been optimistic about, and it has consistently been on my spot trading list. Why am I optimistic? I have often mentioned Pendle's monopoly position in the yield trading protocol sector, with no current competitors in the same business, and the team's iteration speed is very fast. Hot tokens can quickly be launched into the pool. The current Total Value Locked (TVL) is approximately $5 billion, with a trading volume of about $34 billion. According to Kaito, Pendle ranks second in the DeFi market share. Meanwhile, the current Fully Diluted Valuation (FDV) of Pendle tokens is only $1.3 billion, compared to the $16 billion FDV of leading exchange Uniswap and the $6 billion FDV of leading lending platform AAVE, making it relatively undervalued.~
