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

"The introduction of Pendle's new token represents a significant acknowledgment of the importance of liquidity in the DeFi market. The shift from traditional lock-up models to a more flexible, liquid staking approach enhances capital management for users and opens up more trading opportunities. In addition, the new revenue-driven reward system provides investors with fresh incentives to participate. This change could influence other platforms in the future, potentially increasing the trend towards liquid capital management. However, users must also recognize that while liquidity increases, so do the associated risks. In this era, where responsiveness to market fluctuations is critical, Pendle's new strategy is noteworthy."