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Decentralized finance (DeFi) platform Pendle Finance has launched new Bitcoin-linked pools in collaboration with Lombard Finance and use_corn. These pools offer fixed annualized yields of over 10% and floating yields up to 45%, significantly enhancing yield opportunities for Bitcoin holders. Additionally, Pendle has introduced new BTC yield strategies, including high-leverage options such as Corn LBTC and partnerships with entities such as Babylon Labs and ZeroLend. The platform's recent expansion has resulted in over $15 million in total value locked (TVL) on Ethereum within a week of launch.
ZeroLend x Contango @Contango_xyz has integrated ZeroLend pairs on the Ethereum and Linea networks. @pendle_fi @ether_fi @Lombard_Finance @RenzoProtocol @KelpDAO @puffer_finance users can now easily leverage on their positions. https://t.co/BlaOsWAkFU 🧵 https://t.co/lGSn5ri5GS
15 million+ TVL on Ethereum 🚀 The Pendle BTC market has crossed $15M+ in TVL since its launch - less than a week ago. ZeroLend is the home for BTC-focused assets like @ether_fi's EBTC and @Lombard_Finance's LBTC on the mainnet. Get ready for some juicy borrowing yields. https://t.co/ymu9AlKl9z
Now tracking @Lombard_Finance Vault on @ethereum Lombard’s DeFi Vault offers LBTC and WBTC holders simple, one-click access to DeFi yields, targeting the highest risk-adjusted returns through various strategies https://t.co/lU61xn6Keq
