Yield trading platform Pendle debuts new token to boost user capital efficiency

Yield trading platform Pendle has launched a new token aimed at enhancing user capital efficiency. The new token is designed to optimize yield generation for users by allowing them to leverage their existing assets more effectively. Pendle's innovative approach seeks to attract more participants to the yield trading space by providing improved tools for managing and maximizing returns. This development comes as the platform continues to expand its offerings in the competitive decentralized finance (DeFi) market.

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