Replying to Avatar TheBitcoinManual

New weapon of wealth destruction goes live!

Pendle’s new pools offer floating yields as high as 45% and fixed yields of 10% on a Bitcoin-based token called LBTC.

This is giving me Raoul Pal mind-blowing, you can just stake the network and get 45% and it's basically risk-free vibes

https://www.coindesk.com/markets/2024/09/12/bitcoin-yields-as-high-as-45-on-offer-in-pendles-new-pools/

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OT 1y ago

On liquid?

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TheBitcoinManual 1y ago

No this is not L-BTC on Liquid this is LBTC a token on ETH and a few other EVM networks

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