BROADCASTS.com

Pendle Finance, an innovative protocol that lets users trade yield, surged in popularity earlier this year but is now grappling with a downturn in usage.\xa0\nIn this episode, founder TN Lee shares insights into Pendle's approach, the factors behind its recent success, and the challenges it faces in recovering user engagement and TVL. Plus, since Pendle\u2019s rise was driven by the points narrative, TN talks about how the protocol can keep growing.\xa0\nShow highlights:\n\n00:00 Intro\n\n01:24 What Pendle is, how the idea for it was born, and how it works\n\n05:06 Why Pendle has exploded this year, even though it launched years ago\n\n12:01 Whether Pendle is an app for sophisticated traders and the most common strategies in the protocol\n\n15:46 How users are able to leverage their earned points in several protocols\n\n19:20 Besides market risks, what the risks are of trading in Pendle and how they try to mitigate them\n\n20:57 Pendle\u2019s recent significant drop in TVL and plans to recover\n\n24:13 If the points narrative ends, will Pendle remain relevant?\n\n27:31 Crypto News Recap\n\nVisit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com\nThank you to our sponsors!\n\niTrustCapital\n\nPolkadot\n\nToken 2049\n\nGuestl\n\nTN Lee, Founder of Pendle Finance\nLinks\nPrevious coverage of Unchained on Pendle: DeFi Protocol Pendle Reaches All-Time High as Total Value Locked Tops $5.78 Billion\n\nBackground Information on Pendle\n\n\nIntroduction\xa0\n\nGlossary\n\nMinting\n\nAdvanced Yield Trading Strategies\n\nvePENDLE\n\n\nDeSpread Research report (Sept 2023)\n\nCointelegraph Research: Deciphering Pendle Finance\u2019s surge\xa0\n\nOthers:\n\nCrypto News: Major Changes Ahead: Pendle Ends Earn UI, Focuses on V3\n\n\nPendle reached its second largest maturity event on July 25\n\nDeFi Llama: Pendle\u2019s TVL\n\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices