Existing in a cryptocurrency bubble makes it easy to lose perspective of how small we are compared to the larger financial space. Even after establishing our foothold in the top 10 DeFi protocols and the de facto protocol in the yield category, Pendle's 2024 trading volume would only account for 0.007% of global interest rate swap volume.
DeFi still exists in a vacuum, with only a few protocols flirting with TradFi at the edges. There is still much room to grow.
In 2025, Pendle will focus on breaking free from this insular mindset. We have been working with major institutional players to forge new opportunities, establishing Pendle as the premier source of fixed yield opportunities.
Mission "Citadels" is our multi-pronged approach, initially targeting institutional investors and Islamic funds. These specialized vehicles with tailored KYC and compliance measures unlock inflows from those interested in our products, providing access to a previously untapped audience.
With "Citadels", Pendle acts as the fixed yield infrastructure for institutions, like banks act as the infrastructure for credit. You get to be a part of it - fully on-chain.
Job's not done, but it'll be.
Pendle.
🔥As a decentralised blockchain, aelf utilises the AEDPoS consensus mechanism, an adaptation of the DPoS mechanism, to enables network participants to reach consensus & uphold the regular functionality of the network.
👉🏻Check our article for more details: https://t.co/gGgHqvp3tl
Empowering next-gen #devs at NUS Fintech Summit 2024, our team showcased #dapps creation & #blockchain integration at our hacker house.
💡Eager to innovate? Join the Early Adopter Program for @Portkey_DID, one of aelf's dapps, and start building!🛠️
🔗https://t.co/3IcVfYV1nd
📢📢@BendDAO celebrates one full year of achievements through their annual report 🗞️🗞️
https://t.co/BaR62XQt85
A quick thread covering their achievements financially 🧵🧵
DeFi will eat TradFi. The key is via Real World Assets (RWA).
But the industry lacks a rigorous case....
So we wrote a 70-page primer to walk through our idea maze 🔍
Here's a sketch of the report so that you can skip to the section you like 🧵
And we finalized!
Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.
Time to go back to $USD liquidity school in preparation for #JacksonHole. "Teach Me Daddy" is a brief, for me, discussion of the Fed balance sheet, reverse repo, and the US Treasury's general account.
https://t.co/66GNIyDwhf
Is selling crypto options for yield an attractive strategy?
With the rapid growth of DeFi Option Vaults (DOVs), you may be wondering whether this is an attractive risk-reward strategy to generate income. A thread (1/9)