Just like $mPENDLEβs peg and market share, the most recent #PENDLERUSH campaign was also a huge success
Nearly all $vlPNP up for grabs were claimed, and those who participated are being paid handsomely
Weβre keeping an eye out for the next Rush!:
And that concludes the 5th #PENDLERUSH, Penpies!β
$PENDLE converters on the event successfully claimed 97% of vlPNP incentives and gained access to 65% APR for vlPNP and 55% APY on the mPENDLE liquidity pool!π
A heartfelt thank you for your support!π«Ά
Weβll end this update on a sophisticated note
If youβre looking to Pendle-pill anyone, or want to better understand the protocol yourself, this thread is for you
Learn the ins and out of Pendle with Pendle Academy:
Overall, the TVL of Pendle continues its infinite climb
Weβre now flirting with the $200m level
About a 12x move from where it entered the year
Speaking of TVL, check out this clip where @gentpendle points out that RWAs are a growing part of Pendle
Currently, the $sDAI and $fUSDC pools hold over $25M in TVL!
He also spills some alpha on RWAs x Pendle going forward
π€«
π @gentpendle from @pendle_fi dives into how Pendle is using yield-bearing assets on-chain.
Discover the innovation that's redefining DeFi! π





