Pendle responds to liquidations on PT-reUSD/USDC Morpho market
The Pendle team acknowledged liquidations that took place on the PT-reUSD/USDC market deployed by @SteakhouseFi on Morpho. Pendle said the market's oracle was configured correctly and functioned as intended, so the event was not a misconfiguration, despite the unfortunate outcome.
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Pendle Earn enables you to obtain fixed yield or provide liquidity in a simple interface. Pendle Earn and Trade runs on the same set of contracts with a separate user interface to cater to different audiences.
