Pendle has increased the cap on the Ethena sUSDe pool to 100 million
On April 29th, Pendle announced on platform X that in response to user demand, the cap of Ethena sUSDe pool has been raised to 100 million to accommodate more capital inflow. It is reported that this sUSDe pool will expire on July 25th and provides a daily yield of 20 times Sats plus USDe collateral earnings. sUSDe is the collateralized version of Ethena's synthetic dollar USDe. The initial cap for minting sUSDe in this pool was 50 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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