April 20, 2024

Pendle: The Story Behind The DeFi Kingmaker

52 minutes

TN Lee is the CoFounder of Pendle.

In this episode, we spotlight the story behind the DeFi kingmaker, Pendle. Learn how they found product-market fit resulting in $4.5B TVL today, their strategic selection of protocols to list for yield trading, and what’s next with EigenLayer live and Pendle V3 coming soon!

------

🔗 Essential Show Links 🔗

► Youtube: https://youtube.com/@defidad

► Apple: https://tinyurl.com/edgepod

► Spotify: https://tinyurl.com/edgepodspotify

► Linktree: https://linktr.ee/edge_pod

► Follow DeFi Dad: https://twitter.com/DeFi_Dad

► Follow Nomatic: https://twitter.com/Nomaticcap

► Learn about DeFi and Web3: http://defidad.com/

------

The Edge Podcast Sponsor Resources

🚀 FLAT MONEY | NEW FLATCOIN AND DELTA-NEUTRAL MARKETPLACE BACKED BY RETH

🌊 SWELL NETWORK | NATIVE LIQUID RESTAKING WITH RSWETH

💧 INSTADAPP | NEW LENDING AND BORROWING VAULTS WITH FLUID

🧑‍🌾 MANTLE | THE ETHEREUM L2 FOR TOP NATIVE YIELDS

🟢 KELP DAO | THE FIRST LIQUID RESTAKING PLATFORM FOR LSTS

------

Timestamps

0:00 - Intro

5:21 - Growing to over $4.5B TVL

12:22 - State of farming points

16:02 - DeFi Dad's elevator pitch for Pendle

19:41 - The 3 key use cases

21:43 - Selection criteria for listing on Pendle

28:55 - Which L1s/L2s will Pendle move to?

32:04 - What's the next big thing?

35:38 - Will there be a Season 2 for EigenLayer points?

39:41 - Pendle V3 and what's next

44:18 - Could Pendle enable permissionless listing?

46:43 - Context for 3 LPs requiring migration

49:58 - Closing

------

🔗 Guest Links 🔗

► Pendle Website: https://pendle.finance/

► Pendle on Twitter: https://twitter.com/pendle_fi

► TN on Twitter: https://twitter.com/tn_pendle

► Pendle instructions to migrate select LPs: https://twitter.com/pendle_fi/status/1774790530192625752

------

If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/

All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.

...more