CryptoAlly
Mon May 27 2024
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5 answers
1415
What is pendle staking?
Could you kindly explain what exactly is Pendle staking? I've heard it mentioned in a few cryptocurrency forums but haven't quite grasped the concept. Is it similar to staking in other blockchains? And how does it work within the Pendle ecosystem? Also, are there any specific benefits or risks associated with staking Pendle tokens? I'd appreciate it if you could break it down in simple terms for me.
