Pendle

PT Looping incentives launch with new pools and raised caps

Pendle's PT Looping incentives program went live, offering an extra 2% APY on top of PT fixed APY when looping, up to +20% on a 10x loop, for a limited time. The program expanded rapidly with new eligible pools (PT-USD3 at 64.6% APY from @3janexyz and PT-USDG at 36.2% APY from @global_dollar), a new asset (PT-USDat on @Monad at 41.55% APY), and pool caps raised to $15M for PT-reUSD and PT-sUSDS.

Two product upgrades shipped alongside: PTs can now be used directly as input, and a Utilization Rate chart is live to help users size loops before entering.

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Pendle

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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.

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