Pendle is now live on @PlasmaFDN.
With this, we're finally unlocking fixed yield for billions around the world, giving anyone access to Pendle's products directly through Plasma's digital bank.
On top of that, $900k of $XPL will be given out as incentives weekly.
With these incentives, YT and LP would likely benefit from higher-than-normal yield.
And for PTs, the chance to lock in a higher fixed rate.
More details to be shared in the coming days so stay tuned!
Pendle is cultivating the yield economy for Plasma’s neobank.
That means billions of new users gaining access to best-in-class DeFi yields, and the unbanked finally unlocking opportunities traditional banks never gave them.
Together, Pendle and Plasma can help each other grow - nurturing the yield layer, expanding adoption, and bringing sustainable opportunities to the masses 🌍
We look forward to building in this direction, with many more markets and possibilities ahead.
TRILLIONS.
It has come to my attention that @PlasmaFDN is now @Plasma.
Whyyyyyyyyyyyyyyyyyyyy?
Please like and RT to stop @tn_pendle from firing me 🙏🏻
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