Pendle Intern
Pendle Intern
XPL-1.62%
PENDLE+0.20%
This little piece of alpha kinda got buried in the thread. $900k of $XPL incentives to be given out weekly to these Pendle markets. WEEKLY. By logic, all @Plasma assets should trade at a premium vs. their counterparts in other chains. $XPL rewards aren't live yet, but speculating on this with YT buys now before the market reprices upward could be our chance of buying in low. NFA though teeheeee! Trillions.
Pendle
Pendle
On top of that, $900k of $XPL will be given out as incentives weekly. With these incentives, YT and LP would likely benefit from higher-than-normal yield. And for PTs, the chance to lock in a higher fixed rate. More details to be shared in the coming days so stay tuned!
Sourced fromtwitter
42.58K
160
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.