TechFlow news, according to an official blog post, DeFi yield protocol Pendle Finance has announced the integration of Chainlink price oracles on the Arbitrum and Optimism mainnets. This integration enables Pendle to access accurate pricing data for ETH liquid staking assets such as rETH and stETH, helping ensure accurate exchange rates within its liquidity pools.
Pendle Finance allows users to split yield-generating assets into principal and yield components. Users can deposit ETH to mint two types of tokens: PT stETH (representing the stETH principal) and YT stETH (representing the stETH staking yield).




