According to Foresight News, yield trading protocol Pendle has announced an increase in the cap of its sUSDe pool to 100 million.
Previously, Pendle had announced the launch of a new sUSDe pool, set to expire on July 25, 2024. This pool offers 20 times the Sats in addition to USDe staking returns on a daily basis. The existing sUSDe pool is nearing its expiration date, which is set for April 25, 2024.
