Pendle, a DeFi yield trading protocol, has expanded into Bitcoin yield options, offering unique strategies for BTC holders. The Bitcoin Arc plan includes collaborations with Corn, Lombard Finance, and Babylon Labs to enhance BTC yield opportunities. Users can deposit LBTC on Corn and benefit from multipliers and points across the ecosystems. Pendle's BTC pools offer two primary yield strategies: PT-LBTC for stable returns and YT-LBTC for leveraged exposure. This move aligns with the growing BTC presence in DeFi, positioning Pendle to capitalize on the trend. Head of Growth, Daniel Anthony, anticipates Bitcoin's increasing role in DeFi and highlights Pendle's preparation for this shift. The upcoming V3 upgrade will focus on liquidity and scalability, catering to larger investments and institutional investors. Currently, Pendle ranks as the largest yield protocol by TVL, showcasing its dominance in the DeFi space. Read more AI-generated news on: https://app.chaingpt.org/news

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