What is Pendle Finance (PENDLE) Coin?

The emergence of Decentralized Finance (DeFi) has embarked on the journey of rebuilding the financial system, asserting its potential to be an independent financial system. In a robust and mature capital market, revenues can be bought and sold with bond coupons, interest swaps, or other financial instruments. Pendle Finance (PENDLE) aims to help reach this next turning point in DeFi. What is Pendle Finance? Pendle Finance is the first DeFi protocol that allows the trading of tokenized future yields in an automated market maker (AMM) system. It aims to provide the owners of yield-generating assets with the opportunity to generate additional returns and lock future returns in advance, while offering investors direct exposure to future return streams without the need for basic collateral. Pendle Finance is built upon first-degree DeFi protocols. Currently supporting Aave and Compound, the protocol is expected to integrate more platforms in the future. There are three […] The post What is Pendle Finance (PENDLE) Coin? appeared first on COINTURK NEWS.