Arthur Hayes: Has Bet on PENDLE to Rise to $10
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September 12, 2024
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BitMEX co-founder Arthur Hayes, referencing a Pendle tweet, stated that he has bet on PENDLE reaching $10 after Pendle launched DeFi integrated with BTC. Previously, Pendle officially announced that voting for Corn LBTC by vePENDLE holders has begun. LP incentive measures took effect at 8:00 AM Beijing time on September 12th. Pendle will unlock new earning opportunities for BTC, including:
- PT-LBTC: Fixed income for BTC;
- YT-LBTC: Leveraged exposure utilizing multipliers, namely Corn Kernel (3x) + Lombard Points (3x), and Babylon Points (1x).
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