In this video, we will take a closer look at Pendle Finance ($PENDLE), an ambitious project that started with the goal of creating yield markets across DeFi platforms. It accomplishes this through a protocol that lets users separate future yield from their base yield-bearing assets and an AMM that allows for the trading of future yield tokens.
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Chapters:
0:00 Intro
0:14 Pendle - The new markets they are trying to create
0:43 The Lending Market
1:55 What is Pendle?
2:38 The Pendle System - Yield Tokenization, AMM, and Governance
2:46 How does Pendle work?
3:30 The basic features of Pendle
5:06 Pendle Conclusion
5:30 Outro
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