On September 24, BlockBeats reported that Pendle Finance has launched a new Bitcoin liquidity re-staking product, offering impressive annual percentage yields (APY) for liquidity providers (LPs).

Current Yield Offerings:

Pendle provides several options for users looking to earn high returns on their Bitcoin investments:

• solvBTC: 31.6% APY with a total value locked (TVL) of $26 million
• LBTC: 29.31% APY with a TVL of $31 million
• uniBTC: 22.97% APY with a TVL of $28 million
• eBTC: 16.47% APY with a TVL of $35 million

Additional Benefits:

In addition to the base returns, liquidity providers can earn extra rewards through staking points. Notably, Pendle ensures that there is no risk of impermanent loss for LP positions held until expiration, making it a more attractive option for investors.

For more details and to explore the pools, users can visit the Pendle platform and filter by BTC at Pendle Pools.

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