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Moe Set Kyaw
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BNB
888.23
-0.55%
35
0
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Moe Set Kyaw
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Pendle is a decentralized finance (DeFi) platform that lets people separate and trade the earnings (yield) they get from investing in certain crypto assets. The platform breaks down these assets into two parts: Principal Tokens (PT), which represent the original investment, and Yield Tokens (YT), which represent the extra earnings from that investment. The PENDLE token is used to reward users, help govern the platform, and share fees with people who lock their tokens (vePENDLE).
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