PointPay is proud to announce the addition of PENDLE, an innovative cryptocurrency within the Pendle ecosystem, to our trading platform. This significant listing opens up new opportunities for our users to trade, invest, and manage assets within the revolutionary yield trading protocol.

About the Project

Pendle is a decentralized protocol built on the Ethereum blockchain, allowing the splitting of income-generating assets into two components: the principal token (PT) and the yield token (YT). This innovative technology opens new horizons for trading and risk management in the DeFi space.

With Pendle, users can sell their future yield to other market participants, gaining instant liquidity and locking in profits. Buyers acquire YT tokens representing future income streams. Additionally, Pendle provides a platform for creating new financial products based on yield trading.

PENDLE token

PENDLE is the native cryptocurrency of the Pendle ecosystem, built on the ERC-20 standard of the Ethereum blockchain. It plays a key role in protocol governance and platform operation. PENDLE holders have voting rights, can influence project development, and earn passive income through token staking.

Project and Cryptocurrency Advantages

Pendle and the PENDLE cryptocurrency offer several advantages for DeFi ecosystem participants:

  • Innovative Protocol: Pendle introduces a revolutionary concept allowing the splitting of income-generating assets into two components for separate trading. This opens up new possibilities for risk management, liquidity provision, and financial product creation.
  • Decentralized Platform: Pendle is a fully decentralized protocol, eliminating the need for intermediaries. This ensures security, transparency, and accessibility for all market participants.
  • Wide Range of Applications: Pendle can be used for yield trading, risk hedging, creating new DeFi products, and more, offering flexible and innovative solutions.
  • Active Community: Pendle is supported by a community of developers, investors, and users who believe in the protocol's potential and strive for its further development.
  • PENDLE Tokenomics: PENDLE holders have the opportunity to earn passive income through staking and participate in protocol governance, influencing its future.

Try PENDLE with PointPay!

We are pleased to announce that PointPay users can now trade, buy, sell, and manage the cryptocurrency PENDLE directly on our platform. PENDLE has been added to trading pairs with USDT, providing convenient access to the Pendle ecosystem.

The listing of PENDLE opens up unique opportunities for our users to diversify investment portfolios, earn yield, and participate in the revolutionary yield trading protocol. Users can engage in PENDLE transactions, hold tokens for passive income, or use them to govern the Pendle project.

Start trading PENDLE on PointPay today!

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