The Pendle protocol experienced a 13% increase in the value of its native token, $PENDLE, after announcing the inclusion of Bitcoin yield strategies in new $BTC pools. Community members are also bullish on the token, with 87% of them showing positive sentiment. BitMex co-founder Arthur Hayes has expressed optimism about $PENDLE, predicting it will reach $10. This development will provide opportunities for Bitcoin holders to diversify into DeFi and earn rewards without sacrificing liquidity. Pendle CEO TN Lee is excited to work with BTC yield protocols to open up new possibilities for users.
YieldNest Unveils First Liquid-Restaking Token on BNB Chain as Return-Boosting Strategy Gains Ground