Can the principal and interest of yield-bearing assets be traded separately?
Pendle first wraps yield-bearing assets into standardized SY tokens, then splits the SY into principal tokens (PT) and yield tokens (YT).
The implied yield shown on the page is merely calculated from market trading prices; it is not a return promised by the project.
$PENDLE is the native token of Pendle, a yield-tokenization protocol.
If you found this useful, bookmark it so you can come back and read it later.
#PENDLE
Pendle first wraps yield-bearing assets into standardized SY tokens, then splits the SY into principal tokens (PT) and yield tokens (YT).
The implied yield shown on the page is merely calculated from market trading prices; it is not a return promised by the project.
$PENDLE is the native token of Pendle, a yield-tokenization protocol.
If you found this useful, bookmark it so you can come back and read it later.
#PENDLE