Eloquently put. Banks slinging yields into Pendle will certainly be a sight to behold.

18 Apr 2023, 03:35
Eloquently put. Banks slinging yields into Pendle will certainly be a sight to behold. The TradFi interest derivative market is worth $400T in notional value and we're not even cracking a sliver of that yet collectively. Product market fit is already there and now it's just a… seriously tho, all staked ETH will be a sales funnel for @pendle_fi and banks packaging these naked yields and nitro boosting it to topup their cuts while normies only microdose on a smol portions vanilla stuff will be their largest source of income