What makes Pendle Token special?
The PENDLE token is the native utility token of the Pendle protocol, a decentralized finance platform that specializes in the tokenization and trading of future yield streams from various DeFi applications. This functionality allows users to manage future yields in a flexible and innovative way. The token also enables holders to participate in governance decisions, helping to shape the protocol's development and operational strategies. PENDLE is an ERC-20 token that can be bought, sold, and traded on a number of popular decentralized exchanges.