The main reason for the sharp rise in Pendle's price is that it has launched a four-fold Bitcoin interest-bearing product in cooperation with Solv, Babylon and Corn, and officially entered the BTCFi field. After SolvBTC.BBN went online, TVL quickly exceeded 26 million US dollars, and the yield of liquidity providers remained at 30%.
Attractions:
- The Bitcoin interest-bearing product with the highest yield on the market.
- Four-fold income: Solv, Babylon, Corn points and Pendle rewards.
- Solv and Babylon will soon TGE, providing opportunities to obtain high-multiple points.
Participation method:
- PT: Stake SolvBTC.BBN to obtain a fixed income of 8%.
- YT: You can obtain high-multiple points, with lower risks and high potential returns.
- LP: Annualized yield of 30% (including Pendle rewards).
Selection suggestions:
- Choose PT for fixed income.
- Choose YT for more points, with a potential APY of about 500%.
- Choose LP for both points and returns, suitable for users who want to obtain Pendle tokens.
