1 min read
Add as a preferred source on Google

Pendle Adds Ether Staking, Stablecoin and Real-World Asset Strategies to PendleLoop

Pendle cited current PendleLoop yields of up to 56.76% APY.

Mentioned assets
Brass loops encircle a glass vessel and an unmarked metal disk / TokenPost.ai
Brass loops encircle a glass vessel and an unmarked metal disk / TokenPost.ai

Pendle announced support for looping strategies tied to Ether (ETH) staking, stablecoins and real-world assets on PendleLoop, adding those specific categories to its existing support for yield-bearing assets from other protocols.

Pendle cited current yields on PendleLoop of up to 56.76% APY.

PendleLoop pairs leveraged long and short positions with yield looping.

Earlier additions to PendleLoop included looping for Sky’s yield-bearing USDS token, sUSDS and tokenized-stock long positions available through Aave markets.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…