What is Pendle Crypto Currency? Pendle is a decentralized cryptocurrency token built on the Ethereum blockchain platform. It was launched in 2018 by a team of passionate blockchain developers, with the aim of being used as a unit of exchange in the Ethereum network. Pendle aims to make trading and transferring assets between Ethereum wallets easier, cheaper, and faster. It also seeks to be the first token to combine a smart contract-based fee structure with a unique Proof-of-Stake consensus system. Who Founded it? Pendle was founded by Michael Culbertson and Michael Sacks in 2018. Culbertson and Sacks have vast experience in the world of finance, having founded an investment bank, managed multi-billion dollar portfolios, and consulted for several large corporations. They have a vision for a decentralized financial ecosystem built on Ethereum, and their goal is to make digital asset trading more efficient and cost-effective. What Makes it Unique? One of the things that makes Pendle unique is its fund management system. Pendle tokens are designed to facilitate cross-chain asset management, meaning that users can manage multiple tokens from multiple blockchains within the Pendle platform. The platform also supports smart contract-based fund management, allowing users to create and manage their portfolios in an automated and secure manner. Where Does it Used? Pendle is currently used to facilitate cross-chain asset management and trading, as well as to pay financial transaction fees within the Ethereum network. Since its launch, Pendle has become highly popular among Ethereum users, and is currently listed on several major cryptocurrency exchanges. Where to Buy/Sell? Pendle is available on several cryptocurrency exchanges, including Binance, Huobi, KuCoin, and Idex. Users can also buy and sell Pendle directly on the Pendle website.
