DeFi yield market Pendle Finance will expand to BNB Chain.
According to a report by Coindesk on July 5th, Pendle Finance, a DeFi yield market, is set to be deployed on the BNB Chain, with the aim of attracting new users and generating income for this emerging service, according to core developers. RightSide, the developer of Pendle, also stated on Telegram that liquidity mining has been one of the fastest-growing areas in DeFi in recent months, and the potential of financial products based on LSD has largely yet to be developed.