UnitasLabs is launching XGLD, billed as the first commodity-backed yield-bearing asset, on Pendle, bringing gold-denominated yield to the protocol. Pendle amplified the launch announcement to its audience, marking the first commodity-backed rate market on DeFi's largest yield-trading protocol.
Pendle
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.