
UNCHAINED: Pendle Ripped in Early 2024, But Usage Has Slowed Down. Can It Recover?
CoinDesk Podcast Network
Leveraging Strategies in Pendle Protocol
This chapter explores various popular strategies users are leveraging within the Pendle protocol, with a particular emphasis on the looping method that amplifies exposure to the principal token. It discusses the mechanics of yield optimization, the risks involved, and the recent decline in total value locked (TVL), while also highlighting future initiatives aimed at user engagement and recovery. Additionally, the chapter covers the utility of different forms of Bitcoin and how these developments could enhance the overall trading experience.
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