Pendle Finance's agETH Pool Reaches $7M TVL

**Lending pool rates fluctuate in real-time** based on a single crucial factor: utilization rate. This metric measures how much of a lending pool's available funds are currently borrowed. When more people borrow (higher utilization), rates increase to encourage more deposits and discourage excessive borrowing. **Key points:** - Rates aren't fixed - they adjust automatically - Higher utilization = higher interest rates - Lower utilization = lower interest rates This dynamic system keeps DeFi lending markets balanced by incentivizing the right behavior at the right time.

**KernelDAO** strengthens its Internet of Credit infrastructure through **Chainlink integration** with Kred protocol. **Key developments:** - KUSD stablecoin gains **secure cross-chain interoperability** via Chainlink's CCIP - Integration backed by **Price Feeds and Proof of Reserve** for transparent verification - Builds on KernelDAO's vision to replace pre-funded accounts with **on-demand credit** **Background context:** KernelDAO recently released its Kred Litepaper, introducing a system for programmable, borderless credit. The protocol aims to unlock **$5T+ in idle capital** currently sitting in pre-funded payment accounts globally. KUSD operates as a **fully collateralized, rewards-bearing stablecoin** backed by real-world repayments, designed to provide liquidity at internet speed. The Chainlink partnership adds institutional-grade infrastructure for security, auditability, and composability - essential requirements for global payment applications.

BlackholeDex has allocated **$1.5k in voting rewards** to the wrsETH <> WETH.e liquidity pool. Users can now participate in governance voting to earn these rewards. The incentive program continues BlackholeDex's strategy of rewarding active community participation. - Vote at [blackhole.xyz/vote](https://blackhole.xyz/vote) - Rewards available for wrsETH <> WETH.e pool voters - Part of ongoing veNFT holder incentive program This follows recent announcements of over $113k in rewards for other trading pairs on the platform.

**Tokenization** transforms physical assets into blockchain tokens, bridging traditional and digital finance. **Key Benefits:** - Makes real-world assets like gold, currencies, and commodities accessible on blockchain - Creates tokens pegged to actual asset values - Enables global trading and increased liquidity **How It Works:** Real assets are represented as digital tokens, maintaining their underlying value while gaining blockchain benefits like 24/7 trading and programmability. **Growing Trend:** From real estate to precious metals, tokenization is reshaping asset ownership by making traditionally illiquid investments more accessible to global markets. This technology builds on stablecoin concepts, extending beyond dollar-pegged tokens to encompass diverse real-world assets.

**kpk enters curation** with new markets on Gearbox Protocol, accepting rsETH as collateral. **Key Features:** - rsETH now accepted as collateral in curated markets - 2-month incentive period for depositors and borrowers - GEAR & ETH+ rewards available - Structured WETH and wstETH pools **New Utility:** This expansion provides fresh utility for Liquid Restaking Tokens (LRT), allowing holders to leverage their rsETH positions while earning additional incentives. The integration builds on Gearbox's permissionless codebase and battle-tested infrastructure.