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Home ยป Pendle Enables Trading of Tokenized Future Yields

Pendle Enables Trading of Tokenized Future Yields

By adminJun. 12, 2024No Comments1 Min Read
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Pendle Enables Trading of Tokenized Future Yields
Pendle Enables Trading of Tokenized Future Yields
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Pendle is a cutting-edge financial platform that revolutionizes the tokenization and trading of future yields on both Ethereum and Avalanche blockchains. This groundbreaking protocol empowers owners of yield-bearing assets to transform their future yields into instantly tradable assets. Through Pendle, the ownership of a yield-bearing asset is separated from its future yields. By investing in Pendle, users are able to acquire ownership tokens that represent the principal value of the original asset, as well as yield tokens that embody the future yields of that asset for a specified duration. This innovative dual-token system provides users with the flexibility to manage their investments and risks effectively. They can choose to hold onto yield tokens to benefit from future yields, or alternatively, sell these tokens to access immediate liquidity. Stay updated on the latest financial and business news by visiting COINTURK FINANCE.

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