Pendle has added Aave aUSDC product to the Arbitrum network.

BlockBeats news on December 14th, Pendle Finance added Aave aUSDC product on its Arbitrum network, providing stablecoin investors with more diversified income opportunities. This move aims to use existing liquidity and provide liquidity on Pendle with a simple one-click operation, while enjoying the benefits of Aave deposits and additional sources of income. Currently, the annual percentage yield (APY) for aUSDC deposits is 12%. In addition, investors can further increase their returns through PT-aUSDC fixed income, Pendle exchange fees, and PENDLE + ARB rewards. Furthermore, Pendle provides hedging and speculative opportunities for yield fluctuations, such as leveraging exposure by locking in the 12% APY of aUSDC or holding YT for the long term. The ARB and PENDLE incentive programs will take effect at 8:00 am Beijing time on December 15th (UTC 00:00, Thursday). At the same time, vePENDLE voting has also opened, and supporters can vote for Pendle's first Aave pool.