Welcome New Token!
Pendle (PENDLE) is an innovative platform that allows you to trade future yields from your DeFi assets. The protocol separates yield from its underlying asset, creating a new marketplace in the DeFi ecosystem.
PENDLE is the governance token of the Pendle protocol. Holders of PENDLE can stake their tokens in the Pendle protocol to earn rewards. The token also allows holders to participate in the protocol’s governance, giving them a say in future development and updates.
PENDLE is also used for incentivizing participation in the protocol, such as providing liquidity.
Check out the benefits of Pendle!