Pendle launches ARB incentive activities for LP providers and traders, with a total of 2 million ARBs

2023-11-15 07:56:46BlockBeatsShare to:

According to BlockBeats news, on November 15, DeFi yield protocol Pendle Finance announced the launch of an ARB incentive activity. You can earn ARB by providing any LP liquidity through the Arbitrum network on Pendle Finance or by trading on the Pendle protocol. At the same time, Pendle Finance has set up a dashboard on its official website page to display the progress of ARB reward distribution. In addition, according to DefiLlama data, Pendle Finance TVL has reached US$214 million. BlockBeats previously reported that on November 9, Spartan Group posted on social media that it has recognized Pendle’s transformative potential and its key role in promoting the progress of on-chain revenue transactions, and has now purchased it from Pendle officials through OTC channels. Tokens, the specific amount has not yet been disclosed. Through this strategic investment, Spartan Group will be able to further support Pendle's next advancements.

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PendleMarkets

Price$1.032 USDPrice Change (24h)-4.41%Trading Volume (24h)$53,020,872.1 USD
Market Cap$951,916,783.74 USDCirculating Supply239,185,588.24 Max Supply:258,446,029

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