In recent years, Decentralized Finance (DeFi) has presented a strong case against traditional finance by offering users better control over their financial situation and opportunities to increase profits. One of the recent developments that have turned this dream into reality is yield trading protocols, allowing users to maximize their profits and returns. Pendle Finance (PENDLE) is at the forefront of these protocols. What is Pendle Finance? Pendle Finance, which drew all attention with its listing on the giant cryptocurrency exchange Binance, is an uncontrolled DeFi protocol that facilitates the tokenization and trade of future yield through an Automated Market Maker (AMM) system. This yield trading protocol deployed on the Ethereum network and EVM compatible blockchains such as Arbitrum and Avalanche, provides a platform for users to implement various advanced yield strategies. Pendle Finance essentially allows individuals and protocols to maximize their profits irrespective of market conditions. Launched on the Ethereum […]
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