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TechFlow reports that Pendle, a DeFi yield market, has announced the launch of its new product Pendle Earn, which supports instant withdrawals and can be used as a component by other protocols. The product is similar to centralized offerings but operates entirely on-chain, aiming to make yield simple and accessible.
Currently, the product supports Frax sfrxETH, Lido stETH, and Stargate USDT.
DeFi yield market Pendle has announced the launch of its new product, Pendle Earn, which supports instant withdrawals and can be used as a component by other protocols. The product is similar to centralized offerings but operates entirely on-chain, aiming to make earning yield simple and seamless. Currently, the product supports Frax sfrxETH, Lido stETH, and Stargate USDT.
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