The reason for the sharp rise in the price of Pendle is mainly because Solv, Babylon, Pendle and Corn have jointly launched a very attractive Bitcoin interest-bearing product, marking Pendle's official entry into the BTCFi field.

At present, SolvBTC.BBN (Corn) has been launched on Pendle, and the total value locked (TVL) has quickly exceeded 26 million US dollars, and the yield (APY) of liquidity providers remains at 30%.

Why is this product so popular?

1. The highest-yielding Bitcoin interest-bearing product: one of the best BTC interest-bearing opportunities currently available on the market.

2. Quadruple benefits: providing multiple benefits such as Solv points, Babylon points, Corn points and Pendle rewards, and the rewards are quite generous.

3. The last chance for high-multiple points: Solv and Babylon are both approaching TGE (token generation event), and Pendle is the last chance to get high-multiple points.

How to participate?

• PT: Staking SolvBTC.BBN can earn a fixed return of 8%.

• YT: Enjoy multiple points rewards, get 53 times Babylon points, 153 times Corn points and 712 Solv points.

• LP: Provide liquidity and get an annualized return of 30% (including Pendle rewards).

How to choose the best solution for you?

• Want fixed income: Choose PT, which guarantees a fixed return of 8%.

• Want more points: Choose YT, Babylon and Solv are close to TGE, and buying YT is basically a sure win, with very high potential returns. According to Pendle's internal data, if the market value of Solv, Babylon and Corn reaches 1 billion, the annualized rate of return (APY) of YT may be as high as 500%.

• Want to balance points and returns: Choose LP, you can get Pendle rewards, with an annualized rate of return of 30%, which is very suitable for users who want to get Pendle tokens.