Pendle

Pendle is a yield-trading protocol built on Ethereum. It allows users to tokenise and trade future yield on various yield-bearing assets. Pendle is able to separate and trade the principal and yield components of these assets, giving users greater flexibility in managing their yield strategies. This novel approach allows for more sophisticated trading strategies related to interest rate speculation. Pendle's technology revolves around creating tokenised representations of yield, which can then be traded on its platform. This enables users to lock in future yields at a fixed rate, speculate on changes in yield, or provide liquidity to earn trading fees. Experimental Crypto assets might be riskier than other crypto assets and require careful consideration. Further details of these risks may be found <a class="link" href="https://help.etoro.com/s/article/What-are-Experimental-cryptoassets-on-eToro?language=en_GB" target="_blank">here</a>. Diversify your virtual portfolio by following PENDLE shares on eToro.