The floating yields on the bitcoin-based LBTC token come from pools that were launched on Wednesday. Additionally, a fixed-yield option is available with an annualized rate of 10%.

■ Pendle, a DeFi platform, has introduced new pools where users can earn up to 45% in floating yields and 10% in fixed yields on a bitcoin-based token.

■ These yields are generated by staking the LBTC token, provided by staking service Lombard, in partnership with the Ethereum layer-2 network, Corn.

■ Pendle's mechanism involves splitting investments into principal tokens and yield tokens, which can be traded separately. This allows for high-yield strategies, including trading future returns.

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