Pendle price

It's time to study stablecoins with a full hand of U. New choices for stablecoins: USP and sUSP under the Pareto ecosystem and yield opportunities. While conventional stablecoins can preserve value, they do not provide asset appreciation. @paretocredit has launched a brand new dollar stablecoin, supported by institutional credit, which can generate real and sustainable yields on-chain. As an institutional credit trading platform, Pareto introduces private credit business into the blockchain space through a transparent and compliant fund pool, opening a new channel for users to participate in institutional credit on-chain. 1. What is $USP? $USP is a synthetic dollar stablecoin launched by Pareto, backed by institutional private credit. This stablecoin features full collateralization, pegged to a price of 1 dollar, with a current total locked value (TVL) of 7.7 million dollars. Users can quickly liquidate $USP through the secondary market or directly redeem tokens on the Pareto platform, making the process flexible and convenient. Unlike traditional crypto asset-backed stablecoins, the security of $USP is guaranteed by real credit portfolios, which are managed by @FalconXGlobal and @FasanaraCapital. $USP has three core features:​ 1⃣ Composability: It can be flexibly applied in the decentralized finance (DeFi) ecosystem, whether as collateral or for trading settlement, seamlessly adapting to various uses. ​ 2⃣ Capital Efficiency: It is minted at a 1:1 ratio pegged to other stablecoins, with the minted funds invested in a diversified credit fund pool. These fund pools are jointly operated by FalconX, Fasanara Capital, @BastionTrading, @adaptivefront, @Rockaway_X, and Abraxas Capital Management, achieving efficient allocation of funds and risk diversification. ​ 3⃣ Risk Protection: With priority claim rights and stability reserves, $USP provides downside risk protection, maximizing the security of user assets. 2. What is $sUSP?​ The staked version of USP, where users can earn returns from institutional credit by staking $USP.​​ Unlike the instant redemption of USP, the redemption process for sUSP has a certain cycle: first, there is a 7-day cooling period, and after that, users must wait 1 to 30 days based on the maturity of the credit fund pool to complete the redemption — this is because the redemption rhythm of $sUSP must align with the cycle of the credit fund pool to ensure the entire process is compliant and orderly. As of now, the total locked value (TVL) of $sUSP is 6.9 million dollars, priced at 1.04 dollars, with an annual percentage yield (APY) of about 11.8%, providing users with a stable yield space. ​ The core features of $sUSP are also prominent: 1⃣ Yield: Returns come from real-world credit fund pools, and users do not need to engage in complex credit operations; they can simply stake $sUSP to enjoy the returns from institutional credit. ​ 2⃣ Liquidity: Using a non-custodial model with no locking restrictions, users can flexibly adjust their holdings according to their needs, balancing yield and liquidity. ​ 3⃣ Diversification: Backed by multiple credit lines, the diversified asset allocation effectively reduces the risks associated with a single credit project, enhancing the overall stability of the assets. 3. Yield Opportunities — Pendle and Penpie Platforms To further enhance yield space and asset liquidity, $sUSP has partnered with @pendle_fi and @Penpiexyz_io to provide users with more yield options. (A) Pendle Finance​ On the Pendle Finance platform, the specific data for the $sUSP-related fund pool is as follows:​ 💎 Total locked value (TVL): approximately 321,000 dollars (valued in $ETH)​ 💎 Annual percentage yield (APY): approximately 17.3%, with returns increased by 2.5 times compared to the base level​ 💎 Maturity date: December 18, 2025 (63 days from now)​ 💎 Efficiency points: 45 efficiency points can be earned for every 1 dollar of liquidity mining ($LP), and users can also enjoy additional point rewards provided by the Pareto platform​ Users have three participation options on this platform: choosing YT sUSP (yield token) can earn up to 55 times leverage points; choosing PT sUSP (principal token) can lock in about 11% fixed annual yield; choosing LP sUSP (liquidity mining token) can simultaneously earn base yield, PENDLE token rewards, and trading fee sharing, achieving yield diversification. (B) Penpie​ Users can further stake the LP tokens obtained on the Pendle Finance platform on the Penpie platform to earn additional PENDLE token rewards and trading fee returns. ​ Currently, the total locked value (TVL) on the Penpie platform has reached 146.5 million dollars, and the Pareto-related fund pool ranks high among all pools on the platform, becoming a preferred participation project for many users, fully reflecting the market's recognition of the Pareto ecosystem.

AI DeFi Summer isn’t over It’s entering Stage 3 @almanak continues its points season with new conditions for farmers They announced Stage 3 and the extension of Season 1 until December 11 As part of Stage 3, 333k points will continue to be distributed daily, with an additional 1.67% of the token supply allocated for it A new alUSD Pendle pool has been added: The main source of points right now - with 5x multiplier on YT-alUSD Which receives about 90% of the daily emissions The TGE was postponed to maintain a high valuation and allocate more tokens to the community instead of CEXs

Altcoins see some relief after a brutal week. Here are the best recoveries from last week on our sector dashboard. Top Performers Ore (+69.65%) Meta (+48.72%) Game (+40.92%) Floki (+26.44%) Snx (+23.6%) Arc (+19.37%) Pump (+15.5%)