i think they are on the right track tho rebranding their product into "earn" a cex like product for retails that doesnt need to understand the yield source.
they also started intergrated with more cex as well.
all these are in hopes of more tvl more PT,YT n thicker LP pool for yield tokens to make it actually tradable at size.
don't think there is a simple solution but they are on the right track n probably the best bet in this sector right now?
So, seems like they are trying to direct new potentially user into the “staking narrative” as we have seen in the last cycle. I have to admit that this maybe is the most effective way. But they might have to promote more educating program if they want to raises more Yield traders - which are the other part of their user set.
The problem is how could Pendle approach to common retails in next bull run, this product not too easily to understand for newbie
i agree.
i think they are on the right track tho rebranding their product into "earn" a cex like product for retails that doesnt need to understand the yield source.
they also started intergrated with more cex as well.
all these are in hopes of more tvl more PT,YT n thicker LP pool for yield tokens to make it actually tradable at size.
don't think there is a simple solution but they are on the right track n probably the best bet in this sector right now?
So, seems like they are trying to direct new potentially user into the “staking narrative” as we have seen in the last cycle. I have to admit that this maybe is the most effective way. But they might have to promote more educating program if they want to raises more Yield traders - which are the other part of their user set.
Their currently model doesnt not allow yield trader to trade at size tbh. a 30-50k YT trade will have relatively high slippage.
i think the route should be
1) get bunch of guys staking
2) trading will come afterwards because its actually profitable onces u can trade at size
btw like ur thoughts man come join my defi private group
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Thanks and regards !!!