1 week Ago By Alisa Davidson
To improve your local-language experience, sometimes we employ an auto-translation plugin. Please note auto-translation may not be accurate, so read article for precise information. In Brief Pendle introduced the Boros platform, which enables yield trading on margin with enhanced capital efficiency, applicable to a variety of yields.
Permissionless yield-trading protocol introduced the Boros platform, aiming to expand yield trading into new areas. Formerly known as Pendle V3, Boros allows yield trading on margin with enhanced capital efficiency, applicable to a wide range of yields, including off-chain rates. Boros offers the ability to trade funding rates, providing traders with flexibility and precision that were previously unavailable, enabling Pendle to tap into one of the largest and most active markets in the space.
Boros also introduces a new Base, which will work alongside Pendle V2, with continued improvements to the latter. The goal is to establish Boros as a core tool for traders and market makers within their yield strategies. Designed to be a proactive and capital-efficient solution, Boros allows traders to achieve greater control and predictability.
For example, with Ethena, traders can hedge on Boros to lock in fixed funding rate returns on their capital. Additionally, speculators have the potential to earn returns by trading funding rate fluctuations with leverage, opening up new strategic opportunities in the interest rate space. Funding rates are just one of many new features that Boros introduces.
Together with Pendle V2, the Pendle ecosystem is positioning itself to redefine the landscape of DeFi yields. Importantly, there will be no new token or changes to tokenomics or emissions. PENDLE and vePENDLE will remain the primary focus for value accumulation from both Boros and V2.
Introducing Boros by Pendle: Yield Trading with Margin Based on the ancient Greek word meaning “to eat”, Boros is Pendle’s newest platform. Developed from scratch in our conquest to consume every yield in the world, both onchain and offchain, starting with funding rates. Of.
.. Furthermore, individual vePENDLE holders will be eligible for an airdrop based on points accumulated by the protocol.
A snapshot of vePENDLE holdings will be taken on December 31st at 23:59 UTC, and the tokens will be distributed pro-rata. This airdrop is exclusively for individual vePENDLE holders and will not include third-party liquid lockers. The airdrop allocation will include tokens such as sENA, ETHFI, EIGEN, REZ, PUFFER, and COOK.
is a protocol initially launched on the Ethereum network, created to provide a marketplace for yields generated by supported yield-bearing tokens. It works by separating these tokens into two components: principal tokens and yield tokens. This separation allows for liquidity pools where users can trade these tokens.
facilitates trading in both fixed and floating rates for the supported yield-bearing tokens, enabling users to earn fixed yields, speculate on potential increases in the yield of the underlying token, and contribute liquidity to Pendle’s pools for those tokens. In line with the , please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts.
For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3.
With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance. Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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