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What is the issue price and total supply of PENDLE coins

Date:2024-08-01 19:20:20 Channel:Exchange Read:

 Detailed explanation of the issuance price and total issuance of PENDLE coins

In today's digital currency market, PENDLE coins, as an emerging crypto asset, have attracted more and more attention from investors. With the continuous development of blockchain technology, the issuance price and total issuance of PENDLE coins have become the focus of many investors and enthusiasts. This article will explore the issuance price, total issuance and market performance of PENDLE coins in depth to help readers better understand this digital asset.

The issuance price of PENDLE coins refers to the price set at the time of its initial issuance. According to market data, PENDLE coins were first launched in November 2021, and the issuance price was set at US$0.3. This price attracted the attention of a large number of investors in the market environment at that time. It should be noted that the price volatility of digital currencies is extremely high. The price of PENDLE coins has experienced many fluctuations since its launch, climbing to more than US$4 at its highest, but then falling back to a lower level. Such price changes not only reflect the supply and demand relationship in the market, but are also closely related to factors such as the overall economic environment, investor sentiment and technological development.

The total issuance refers to the total number of PENDLE coins issued throughout its life cycle. According to the official announcement, the total issuance of PENDLE coins is 100 million. This number is not high in the digital currency market, which makes PENDLE coins have a certain scarcity in terms of supply. Scarcity usually has a positive impact on prices, especially when demand continues to grow. Therefore, many analysts believe that the total issuance of PENDLE coins will provide support for its future price trend.

The design concept of PENDLE coins is to separate liquidity and income rights, so that users can obtain higher returns on different decentralized financial (DeFi) platforms. This innovative model has attracted the attention of many investors and also provided support for the market performance of PENDLE coins. With the rapid development of the DeFi ecosystem, the application scenarios of PENDLE coins have continued to expand, further enhancing its attractiveness.

When investing in PENDLE coins, understanding its issuance price and total issuance volume is only the basis. Investors also need to pay attention to market dynamics and project progress. As the digital currency market continues to evolve, the value of PENDLE coins may be affected by a variety of factors, including technological updates, changes in market demand, and regulatory policies. Therefore, when making investment decisions, investors should not only pay attention to price and issuance volume, but also comprehensively consider other relevant factors to formulate a more reasonable investment strategy.

In the past year, the performance of PENDLE coins has attracted widespread attention. Many investors obtain relevant information through various channels, analyze its market trends, and try to grasp the best investment opportunities. On social media platforms, discussions about PENDLE coins emerge in an endless stream, and many investors share their investment experiences and views. The spread of this information not only enriches the market discussion, but also provides more references for investors.

From a technical perspective, the issuance and trading of PENDLE coins are based on the Ethereum blockchain, which makes its trading process more transparent and secure. As a mature blockchain platform, Ethereum has a rich ecosystem and strong technical support, which provides a guarantee for the circulation of PENDLE coins. In addition, Ethereum's smart contract technology also provides more possibilities for the use scenarios of PENDLE coins, allowing users to flexibly use their assets in different DeFi applications.

In terms of market analysis, PENDLE coins undoubtedly face competition from other crypto assets. As more and more digital currencies enter the market, investors' choices become more diverse. This requires the PENDLE coin project team to continue to innovate and enhance the competitiveness of its products. For example, PENDLE coins can expand their application scenarios and increase user participation and usage frequency by cooperating with other DeFi projects. This strategy can not only enhance the market position of PENDLE coins, but also further enhance its value.

When analyzing the market performance of PENDLE coins, investors should also pay attention to the construction of its community. An active community usually means higher user stickiness and stronger market recognition. The PENDLE coin team actively interacts with users on social media, shares project progress and future plans, and attracts a large number of users' attention and participation. This interaction not only enhances users' trust in the project, but also provides strong support for the promotion of PENDLE coins.

Looking ahead, the market prospects of PENDLE coins are still full of uncertainty. Although its innovative design concept and relatively low issue price provide opportunities for investors, the volatility of the market also means the existence of risks. Therefore, when considering investing in PENDLE coins, investors should fully evaluate their risk tolerance and formulate corresponding investment strategies to achieve better returns on investment.

When summarizing the issue price and total issue volume of PENDLE coins, it can be found that these two factors have affected its market performance to a certain extent. However, when making investment decisions, investors must consider a variety of factors, including market dynamics, technological development, community building, etc. Only in this way can we seize opportunities and maximize value in this highly competitive digital currency market.

The issuance price and total issuance volume of PENDLE coins are important indicators for understanding this digital asset, but they are not the only basis for investment decisions. In a rapidly changing market environment, maintaining keen insight and flexible adaptability will enable investors to find their foothold in a complex market. The digital currency market in the future will be more diversified, and PENDLE coins, as one of them, will continue to play its unique value in this process.

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.


Pendle is a protocol that enables the trading of tokenized future returns on AMM systems. It is built on top of Tier 1 DeFi protocols including Aave and Compound. DeFi users who hold yield tokens from Aave and Compound can deposit them into Pendle, which in return mints ownership tokens OT and yield tokens YT. The PENDLE coin introduced to you today is the native token of the platform, and token holders can stake LP tokens to earn transaction fees and other rewards. Many investors want to know what the issuance price and total issuance of this PENDLE coin are? Let the editor of the currency circle introduce it to you.

 What is the issuance price and total issuance of PENDLE coin?

The issuance price of PENDLE coin is $1.6957, and its total issuance is 188,700,000 PENDLE. Pendle
Finance does have the support of some big players in the crypto space. Mechanism Capital, DeFi
Alliance, and Crypto.com all helped the company raise $3.5 million to help launch its tokenized yield market. This seed funding could help it stay afloat long enough to gain more user exposure. But time is of the essence.

For the Pendle cryptocurrency to return to new all-time highs, it may have to do so while Pendle’s dApps are gaining popularity. A depressed market is exactly the climate that could help it do so. But there are still a lot of questions about whether this will actually happen.

As mentioned above, tokenization of the yield market could help savvy investors shore up sagging portfolios. For more details on how Pendle is increasing exposure, you can check out its litepaper here. But for potential investors, we recommend caution when it comes to the Pendle cryptocurrency. The dApps it supports are still in their early stages, and widespread adoption is far from certain. In addition, until the Pendle crypto is officially considered a governance token, holders don’t have much power other than potential returns. Therefore, it remains a speculative token in the already saturated penny cryptocurrency market.

 PENDLE Coin Project Introduction

We see finance being rebuilt on an open track, and DeFi has the potential to become an independent financial system. In a healthy and mature capital market, yields can be traded, whether it is bond coupons, interest rate swaps, or other financial instruments. Pendle is designed to help achieve the next milestone in DeFi.

Pendle is the first protocol that enables the trading of tokenized future returns on an AMM system. Our goal is to give holders of yield-generating assets the opportunity to generate additional returns and pre-lock in future returns, while providing traders with direct access to future yield streams without the need for underlying collateral. Pendle exists on top of a Tier 1 protocol. We currently support Aave and Compound, with more platforms to be integrated in the future.

· Accessibility

Pendle is designed to support numerous protocols and assets, allowing you to manage returns comprehensively and easily on a single platform.

· Flexibility

You own your capital. On Pendle, you can deposit or withdraw at will without waiting for contracts to expire.

· Fully on-chain

All transactions are processed and verifiable by smart contracts. This means transparency and honesty between Pendle and you.

The above is a detailed explanation of the issue of the issue price and total issuance of PENDLE coins by the editor of the currency circle. The mechanism of Pendle's encryption power is a little more complicated than your ordinary exchange, but all it means is the ability to trade future income tokens. The project gives investors the option of forgoing future income for immediate profits, and is likely to gain more traction as yield-bearing tokens become a more prominent part of the DeFi ecosystem. The tokenization of yields is a natural progression of the market, so it’s a complex proposition, but as of now, Pendle Cryptocurrency doesn’t have much traction.

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