Episode Details

Pendle Ripped in Early 2024, But Usage Has Slowed Down. Can It Recover? - Ep. 693
8/23/2024
Unchained โ†—

Key Insights

Bullish:

  • ๐ŸŸข $PENDLE - Discussing the potential of Pendle's future developments and its involvement in major crypto trends.
    • โ€œWe think Bitcoin could be a new narrative that Pendle can be more involved in. So we're structuring campaigns that users could potentially find interesting.โ€ - TN (0:00)
    • โ€œWe recognize Eigenlayer to be a very important part of major trend for 2024.โ€ - TN (0:00)
    • โ€œWe think that there is a good opportunity there because Bitcoin is the single largest asset within crypto.โ€ - TN (0:00)
    • โ€œWe are currently building Pendle V3, which offers leverage, yield trading for users. And we're expecting that to come out targeting Q1 next year.โ€ - TN (0:00)
    • โ€œWe had the experience of building a market for Swell ETH, which was offering pearls.โ€ - TN (0:00)
    • โ€œWe identified STETH and the whole, like, staking ecosystem to be a very important one that we needed to be involved in.โ€ - TN (0:00)
    • โ€œWe recognize restaking to be a major part of the crypto narrative and, points to be a very central part of it.โ€ - TN (0:00)๐Ÿ”’

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