Bitcoin Yields as High as 45% on Offer in Pendle’s New Pools

Bitcoin Yields as High as 45% on Offer in Pendle’s New Pools

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Source: Coindesk.com

DeFi platform Pendle's new pools allows users to earn floating yields up to 45% and fixed yields of 10% on a bitcoin-based token. The yields are achieved through staking service Lombard's LBTC token in collaboration with Ethereum layer-2 network Corn. Pendle splits investments into principal tokens and yield tokens that can be traded separately, facilitating

Read More https://www.coindesk.com/markets/2024/09/12/bitcoin-yields-as-high-as-45-on-offer-in-pendles-new-pools/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin Yields as High as 45% on Offer in Pendle's New Pools" appeared first here Coindesk.com.

Source: Coindesk.com

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