What is Pendle Finance? 🤔 In this video, I explain one of DeFi’s most powerful — but confusing — protocols using cows, milk, and a few very confused guys. Pendle lets you split any crypto asset that earns yield (sUSDe, SolvBTC, wstETH etc) into two tokens: 🔹 One that gives you the future yield (milk) 🔹 One that gives you your original asset back later (the cow) 💡 We’ll cover: • What yield tokenization actually means • How Pendle splits assets into two parts: PT and YT • How fixed yield is possible in crypto • Why maturity matters • Three strategies: fixed yield, long yield, and LPs • Why Pendle AMM has no YT 📚 Concepts explained: Yield tokenization, fixed vs. long yield, yield-bearing asset, maturity dates, principal token, yield token, Pendle AMM. 🧠 Built for ADHD brains: memes, absurd analogies, chaotic diagrams. 🎨 Not financial advice. Just a fun way to learn crypto.
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.