Pendle đ„ explains the dynamics in one article, why is it growing? Should I short it?
In the field of cryptocurrency and decentralized finance (DeFi), the Pendle ecosystem has recently ushered in remarkable changesđ. These changes not only demonstrate its leading position in technology and financial innovation, but also herald the huge potential that may be brought in the futureâš.
First, the new yield pool launched by ethena_labs, the sUSDe pool, was officially launched on September 26đ . This yield pool has attracted widespread attention with an annualized rate of return (APY) of up to 638%-1165%, and the returns are still strong even in market fluctuationsđ.
At the same time, Pendle launched the pre-release rswETHđĄ of Swell L2 on the Ethereum platform. Users can not only enjoy the multiple benefits of Swell pearls and EigenLayer points, but also get additional rewards from staking and re-stakingđ. In addition, the airdrops of Swell and its L2 projects have added additional income channels for usersđȘ.
In the field of re-staking, the emergence of Karak Network has injected new vitality into the Pendle ecosystemđ. Through cooperation with Pendle, users can deposit on Karak Network to earn Karak XPđč. This cooperation not only expands the source of income, but also indicates the potential to further increase income by leveraging the mechanismđȘ.
In terms of governance, Equilibria's EIP#3proposal was successfully passed with the active participation of the communityđłïž. The proposal will be implemented in the next three months and will be fully reviewed during this period to ensure that it is in the best interests of the communityđ.
The recent innovations and progress of the Pendle ecosystem demonstrate its strong strength and unlimited potential in the DeFi fieldđ. (Also reflected in the hard coin price)
It is recommended to delve into the Pendle project and go short or long at the right time to obtain super high returnsđ
