Arthur Hayes: Has bet on PENDLE to rise to $10
BitMEX co-founder Arthur Hayes quoted a Pendle tweet stating that Pendle has bet on PENDLE to rise to $10 as it goes online with DeFi combined with BTC.
Previously, Pendle has officially stated that it will unleash new revenue opportunities for BTC including: 1. PT-LBTC: BTC fixed income; 2. YT-LBTC: leveraged exposure utilizing multipliers, i.e., Corn Kernel (3x) + Lombard Points (3x), and Babylon Points (1x).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
USDe supply drops to 6.526 billions
The US SEC will issue guidelines for cryptocurrency custody services
Negotiations on the U.S. crypto market structure bill may be postponed until January next year