
Pendle is promoting XGLD, UnitasLabs' golden yield-bearing asset, as a way to buy gold at a discount onchain. The push frames PT on XGLD as letting holders acquire gold-denominated exposure below its underlying value, alongside the earlier launch of the first commodity-backed yield market on Pendle.
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.