Pendle Finance submits a 2 million ARB funding proposal to the Arbitrum community.

BlockBeats news, on September 28th, Pendle Finance submitted a Lighthouse funding application for 2 million ARB to the Arbitrum community, aimed at enhancing its liquidity and trading activity on the Arbitrum network. The protocol allows for permissionless tokenization and yield trading, and by dividing the token carrying the yield into principal and yield parts, it can be traded through Pendle's AMM. The funding will be used to deepen the liquidity of existing pools, stimulate platform activity, and provide additional incentives for users using Pendle on Arbitrum.