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Pendle's Capacity Building Strategy
Pendle has attracted 125 million in total value locked and a lot of that has come there are a couple of jumps in terms of how it got there one they released a V2 in November which allowed for improvements in capital efficiency. They figured out that the yield is not going to fluctuate as much as a normal price kind of in the same way curve creates their bonding curves are made so they're custom made for stablecoins.