Pendle Co-founder: The new project Boros is a yield trading product, with the biggest reform being the combination of the advantages of CeFi and Decentralized Finance.

robot
Abstract generation in progress

According to Deep Tide TechFlow news, on July 10, TN LEE, co-founder of Pendle, stated in an interview with Deep Tide TechFlow, "As DeFi gradually enters a more mature stage, users will increasingly need more mature and reliable investment vehicles, strategies that are more aligned with individual investment styles, and more flexible and diverse options."

Boros, like Pendle, is a product for yield trading. The biggest reform brought by Boros is the combination of the advantages of CeFi and Decentralized Finance, unlocking and utilizing funding rates as a source of yield, providing users with a trading platform. The fluctuations and reliability of funding rates also make it one of the largest sources of yield in Crypto.

Boros will also be a simpler and more understandable product. In simple terms: if users think that the funding rate will rise, they can go long, and conversely, they can go short.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)