Core 1. Pendle divides LP principal and yield into OT and YT tokens, making them tradable. 2. Pendle adds time variables into the AMM algorithm to avoid YT turning to zero when the maturity date is approaching. 1. Project Introduction Pendle built the first protocol to tokenize and trade the…

This is an old article, first published in 2017 on the official blog of the Federal Reserve Bank of New York (FRBNY). Recently, every speech by Fed Chairman Jerome Powell draws great attention from the market. When monetary policy will change from easing to tightening is a concern for investors…

Structured On-chain Derivatives Protocol: Ribbon Finance (RBN) Market Analysis I. Project Introduction Ribbon Finance (RBN) is a structured on-chain derivatives protocol. The term “structured” refers to the direct provision of packaged financial products for users to invest in. Behind these packaged financial products are the specific risk-return realized by the…

MEXC Research: How Is This Bear Market Different from Those Before? Investors typically use long-term averages such as EMA120 or 200 as the bull-bear dividing line. As of 15:30 June 21, EMA120 was priced at $43794.8 USD, and EMA200 was priced at $40661.18 USD. …

What is NFT? NFTs are non-fungible tokens, which means that they are tokens that cannot be replicated. A single address on the chain only corresponds to a single token, usually in the Ethereum ERC721 standard. Typically, BTC, ETH, and so on are fungible tokens, namely FT. ETH within the same address can be…