Pendle PT is now officially live as collateral on the Aave Core Market, with approximately $162.2 million in liquidity deposited.

Blockbeats
01 May

BlockBeats News, May 1st: According to official sources, Pendle PT has been officially launched as collateral on the Aave Core Market. Within a few hours of the launch, the $150 million quota was fully subscribed. The quota has now been increased to $250 million, with approximately $162.2 million worth of Pendle PT collateral already deposited, accounting for 65% of the total quota.

While providing secure and stable fixed income, Pendle PT is rapidly becoming a high-quality collateral in various lending markets.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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