Pendle introduces the concept of “principal and income” separation in the DeFi space, separating income-generating tokens into principal and income tokens.📊 This provides users with the opportunity to earn various incomes by maximizing asset usage.🚀 However, the Blast event Due to its impact and overall market conditions being unfavorable, users stopped investing and Pendle's total value locked (TVL) and token price dropped drastically.😔