THE BASIC PRINCIPLES OF PENDLE

The Basic Principles Of Pendle

IL is negligible as LPs present PT and its corresponding generate-bearing asset, which are intently correlated. On top of that, the most IL is deterministic for liquidity provision to maturity.Pendle’s AMM pairs PT with SY and leverages flash swaps to empower YT trades in the identical pool, this means all trades for a specific asset route via a

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