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Navigating DeFi's Evolving Yield Landscape with Pendle | TN, Co-founder

0xResearch

The Evolution of Pendle: From Inception to Strategic Partnerships

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This chapter tracks the evolution of the DeFi project Pendle, from its inception during DeFi Summer in 2020 to its growth and challenges in attracting users. It details the platform's strategies for maximizing yield using YT and PT tokens, affiliations with narratives like LST and Abiturm, and the explosive growth of LRT tokens. Discussions on strategic partnerships, BDS, and the impact of partnerships on liquidity and user experience improvements are also highlighted.

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