Pendle

This asset has been mentioned again today,

Previously, I entered at a price of 5.55, and now it is maintaining around 5.20.

Key point: @aixbt_agent believes that the Pendle DeFi project is forming a bond market,

Morpho and Aave together control 740 million dollars in principal tokens,

This indicates that the DeFi treasury infrastructure is starting to take shape, and I suggest everyone quickly accumulate tokens.

I have checked the data, you can see the posts I quoted, it requires patience to layout in advance.

The Pendle token is $PENDLE, which is the native token of the Pendle Finance DeFi protocol,

In simple terms, it allows users to trade future yields, making it super suitable for seasoned DeFi players who engage in fixed income and leverage.

Total supply of 281,527,448 tokens, with a circulating supply of 167,914,274 tokens.

Quoting Jung's Red Book to describe my feelings towards it

Mephistopheles:

A glowing cauldron will tell you,

You have walked deep into a strange realm.

By the light of the cauldron, you will see those primordial goddesses,

Some sit, some stand, some walk.

This is a symbol of formation and transformation,

This is the eternal creativity of the eternal spirit,

Surrounded by the images of all things,

They cannot see you, only your shadow.

You must steady your heart, for the dangers ahead are truly great, you must walk straight to the cauldron,

And touch it with the key in your hand!