TN (Pendle) on Stable Yield (EP.623)
On The Brink with Castle Island
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Understanding Pendle: A New Era in DeFi Lending
This chapter explores Pendle's creation, focusing on its solution for volatility in DeFi yield generation through stable lending options. It explains the mechanics of Principal Tokens (PT) and Yield Tokens (YT), illustrating their roles and dynamic interplay in maximizing investment strategies.
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