On September 1st, DeFi yield protocol Pendle Finance announced integration with Chainlink price oracle on the Arbitrum and Optimism mainnets, providing accurate price data for ETH liquidity staking assets (such as rETH and stETH) to ensure accurate exchanges in its liquidity pools. Pendle Finance allows users to split yield-generating assets into initial capital and yield. Users can deposit ETH to mint two types of tokens: PT stETH (ETH capital) and YT stETH (stETH staking yield).
All Comments