Pendle's TVL on Plasma breaks $446 million, and a new asset type will be launched this week

CoinVoice has recently learned that Pendle's TVL on Plasma has surged to $446 million, and a new asset, PlasmaUSD, along with aUSDT0 (Aave) and fUSDT0 (Fluid), will be launched this week. PlasmaUSD is the flagship treasury of Plasma managed by Veda, and the funds deposited will be deployed into high-quality lending protocols like Aave to generate returns. Aave aUSDT0 obtains and trades the annualized yield (APY) for USDT0 on Aave. 0xfluid fUSDT0 speculates and trades the annualized yield of deposits in Fluid's USDT0 treasury, including lending returns as well as the XPL rewards earned on Fluid. [Original link]