Pendle is a groundbreaking financial protocol that revolutionizes the tokenization and trading of future yields on both Ethereum and Avalanche blockchains. By utilizing this innovative protocol, owners of yield-bearing assets can now easily convert their future yields into liquid assets in the present day. Pendle achieves this by separating the ownership of a yield-bearing asset from its forthcoming yields. When investors choose to deposit their yield-bearing assets into Pendle, they are rewarded with ownership tokens that represent the principal of the original asset, as well as yield tokens that represent the future yields of that asset for a specified period of time. This unique dual-token system empowers users to effectively manage their investments and risks. They have the option to either hold onto their yield tokens to benefit from future yields, or to sell them for immediate access to liquidity. For the most up-to-date financial and business news, be sure to visit COINTURK FINANCE.
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