Pendle promotes buying XGLD gold at a discount via PT
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.
- Marketing continues around XGLD as the first commodity-backed rate market on DeFi's largest yield-trading protocol.
- No mechanics changed; the posts amplify the existing listing to Pendle's audience.
Sources
- Link: https://t.co/p6gD1Do6pi https://t.co/nFunGT0XVz Replying to their earlier post: With Pendle, you can now buy gold at a discount too 🤝 https://t.co/oIWQrGPMJl https://t.co/c7rNzTGwQmx.com ↗
- With Pendle, you can now buy gold at a discount too 🤝 https://t.co/oIWQrGPMJl https://t.co/c7rNzTGwQmx.com ↗
- RT @UnitasLabs: 1/ Gold denominated yield has arrived on DeFi’s largest rate trading protocol. XGLD is the first commodity backed yield-be…x.com ↗
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.
