Pendle Pt Yt protocol
Overview
Pendle is a decentralised finance protocol that allows for the tokenisation and exchange of future yield. PT, or Principal Token, denotes the base principal of a yield-generating asset, while YT, or Yield Token, signifies the future income produced by that asset. Participants may acquire PT to secure a predetermined yield or transact in YT to gain speculative access to changes in yield levels.
Relations
No connections recorded for this entity in The Counterparty knowledge graph yet.
Frequently asked questions
What is Pendle Pt Yt?
Pendle Pt Yt is a protocol tracked in The Counterparty knowledge graph.
What type of entity is Pendle Pt Yt?
Pendle Pt Yt is classified as a protocol (protocol) in The Counterparty knowledge graph.