Name: Pendle
SKU: PENDLE
Price: 3.025184310825 USD

Pendle is a permissionless yield-trading protocol where users can execute various yield-management strategies.There are 3 main parts to fully understand Pendle:<ol><li>Yield TokenizationFirst, Pendle wrap&nbsp;yield-bearing tokens&nbsp;into&nbsp;SY(standardized yield tokens), which is a wrapped version of the underlying yield-bearing token that is compatible with the Pendle AMM (e.g. stETH → SY-stETH). SY is then split into its principal and yield components,&nbsp;PT&nbsp;(principal token) and&nbsp;YT&nbsp;(yield token) respectively, this process is termed as yield-tokenization, where the yield is tokenized into a separate token.</li><li>Pendle AMMBoth PT and YT can be traded via Pendle’s AMM. Even though this is the core engine of Pendle, understanding of the AMM is not required to trade PT and YT.</li><li>vePENDLEAs a yield derivative protocol, we are bringing the TradFi interest derivative market into DeFi, making it accessible to all.By creating a yield market in DeFi, Pendle unlocks the full potential of yield, enabling users to execute advanced yield strategies, such as:<ol><li>Fixed yield (e.g. earn fixed yield on stETH)</li><li>Long yield (e.g. bet on stETH yield going up by purchasing more yield)</li><li>Earn more yield without additional risks (e.g. provide liquidity with your stETH)</li><li>A mix of any of the above strategies</li></ol></li></ol>

Arbitrum Ecosystem

BNB Chain Ecosystem

Ethena Ecosystem

Ethereum Ecosystem

Mantle Ecosystem

Optimism Ecosystem

Ecosystem Fund (Unallocated)

Team

Ecosystem Fund (Allocated)

Private Round

Liquidity Bootstrapping Pool

Advisors

Liquidity Incentives

Launchpool on Binance. Details:<ul><li>Token Name: Pendle (PENDLE)</li><li>Total Token Supply: 251,061,124 PENDLE </li><li>Launchpool Token Rewards: 5,021,222 PENDLE (2% of total token supply)</li><li>Circulating Supply: 140,192,253.58 PENDLE (56% of the total token supply)</li><li>Smart Contract Address: Ethereum, Arbitrum</li></ul>

Pendle

Pendle is an on-chain yield asset aggregator that enables the separation and trading of future yield.

Morningstar Ventures

Moonrock Capital

The Spartan Group

GBV Capital

Waterdrip Capital

Vendetta Capital

Ascensive Assets

Hypersphere Ventures

Blizzard Fund

Woodstock Fund

Figment Capital

Axia8 Ventures

CoinGecko Ventures

Nexo

Everclear (prev Connext)

Kosmos Ventures

Impossible Finance

Nabais Capital

AVentures DAO

Subsquid

3 Chaps Capital

StakeBorg

Ganesh Swami

Erik Ashdown

Derek Yoo

Aurel Iancu

Delroy Bosco

Alex Smirnov

Batuhan Dasgin

Michael Chen

Etienne

Danish Chaudhry

Alchemy

Bware Labs

Sensay

GameOn Forge

Blockchange Ventures

Big Brain Holdings

coinIX

Castrum Capital

Outlier Ventures

Kangaroo Capital

Maven Capital

FinSec Innovation Lab

Kima Network

Sociapol

Cyber Arena

SpaceN

BRC App

Animoca Brands

Engines of Fury

Gain detailed information about %name% %code% unlock and vesting. Use our token unlock calendar for planning and optimizing your investments. Explore tokenomics and how it's changing with our token distribution chart. Stay updated on unlock events and receive notifications for effective crypto asset management

%name% %code% Token Unlocks and Vesting: Schedule and Tokenomics

Name	Total	Unlocked	Locked
Liquidity Incentives	37%	-	-
Team	22%	18.1%	-
Private Round	15%	12.3%	-
Ecosystem Fund (Allocated)	9.00%	7.41%	-
Ecosystem Fund (Unallocated)	9.00%	-	-
Liquidity Bootstrapping Pool	7.00%	5.76%	-
Advisors	1.00%	0.82%	-

Pendle PENDLE

Unlocking PENDLE Tokens

Total Distribution Progress

Allocation

Vesting Schedule

Upcoming Token Unlocks