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This video answers the questions: What is Pendle Crypto Platform? How does Pendle Crypto Yield Trading Platform work? - Pendle Crypto Yield Trading Platform will be explained.
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Timestamps:
0:00 Introduction
0:33 What is Pendle?
1:32 How does Pendle work?
3:38 Summary
4:05 Video end
Through its AMM system, the Pendle protocol makes it possible to exchange future yield for a token that generates yield. This is accomplished by dividing an underlying yield-generating token into its Ownership Token (OT) and Future Yield Token (YT), respectively. YT stands for the yield of the underlying asset and can either be bought or sold to expose the investor to the full yield of the underlying. Both YT and OT can be utilized to add liquidity to Pendle in order to increase yield.
Not only in this video various crypto topics will be explained. Remember to leave a like, and subscribe to the channel for more materials like this.
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