High Ether Yields Drive $50M to DeFi Protocol Pendle Finance

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High Ether Yields Drive M to DeFi Protocol Pendle Finance



Pendle uses a dual-token model that breaks up and represents any investment into a DeFi protocol, such as Compound or Aave, into two parts: one, the initial principle put up by an investor, and two, the future yield expected to be earned on that position in the form of token rewards.



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