On September 12th, Pendle officially said that the voting of vePENDLE holders for Corn LBTC has started. The LP incentive has taken effect from 8:00 on September 12th, Beijing time.
Pendle will unlock new revenue opportunities for BTC, including:
PT-LBTC: BTC fixed income.
YT-LBTC: Leverage exposure using multipliers, i.e. Corn Kernel (3x) + Lombard points (3x), and Babylon points (1x).
Arthur Hayes, co-founder of BitMEX, said that Pendle's listing of DeFi combined with BTC has placed a bet that PENDLE will rise to $10.
Arthur Hayes: Bets have been made that PENDLE will rise to $10
2024-09-12 07:17:01
12 message pendle official representation vependle holder corn lbtcdesk3cryptocurrencydesktopCrypto News
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