Pendle x Crypto.com Integration
Crypto.com community can now access and be notified of the latest news from Pendle.
Users can access this feed through Pendle’s price page on Crypto.com to stay updated on all the latest happenings with Pendle on top of the latest price, market cap and trading volume.
This integration follows our listing on Crypto.com in late July 2021. As one of the major players in the industry, listing Pendle on Crypto.com breaks down the barrier for many DeFi users to take part in our ecosystem.
About Pendle
Pendle is a protocol that enables trading and hedging of future yield on an AMM system. Yield hedgers can lock in future yield and receive upfront capital, while yield bulls can obtain direct exposure to yield streams in a more capital-efficient manner.
Users can deposit yield generating tokens into Pendle to mint:
- YT (yield token) — Represents the yield of the underlying yield generating token
- OT (ownership token) — Represents the ownership of the underlying yield generating token
YT can be sold to lock the yield that YT is trading at to hedge and lock in the current yield immediately, check out this case study on how an address locked-in yield of 18% and received the capital immediately.
On the flipside, YT can be bought to be exposed to the yield of the underlying in a more capital-efficient manner. Refer to this piece for a deeper dive into YT’s capital efficiency.
About Crypto.com
Founded in 2016, Crypto.com has grown into a fully-fledged and well-known international cryptocurrency hub in just a few short years. Its crypto ecosystem consists of the Crypto.com App, Crypto.com Exchange,Crypto.com DeFi Wallet, DeFi Swap, Crypto.com Visa Cards, Crypto Earn,Crypto Credit, Price Page, NFT marketplace, Ethereum Gas Fees Tracker, and many other services.
Crypto.com works with regulatory institutions all over the globe and aims to bring you the most convenient way to buy, sell, trade, and spend cryptocurrencies. The Crypto.com App allows users to buy over 100 top cryptocurrencies at true cost, to earn high interest on their crypto, to manage their Crypto.com Visa Card, and to easily make crypto payments, along with many other rewarding features. The company’s Crypto.com DeFi Wallet is non-custodial, so users can have full control of their private keys.
📰 INFO
https://medium.com/pendle/pendle-x-crypto-com-news-feed-integration-6a9e45ffe563
