AAVE gave votes to add Pendle PT tokens to Aave V3 Core Market

AAVE Members gave votes on the proposal to add major tokens to the pend to their V3 basic market.

Suggestion, published On the image of the Web3 voting platform on Apr. April, suggests indicating the initial PT test assets. PennDle (Pendl) is a decentralized finance protocol that allows users to share tokens transferred to two parts; Main tokens and tokens that yield.

PTS represent the original value of tokens and can be redeemed at full value after they mature, making them similar to fixed income instruments. ITS, on the other hand, gives owners access to the future yield that generates a basic means.

The proposal recommends starting with a list of one PT test token. Although it does not propose directly on board, the goal is to assess the demand of users and technical integration. To reduce additional risk, the idea starts with PT tokens associated with funds already supported on Ave (Take), like Susdea.

Over the years, PennDle’s total locked value followed up to over $ 3 billion, how much interest is growing in the tokenized trading. Demand for using points as collateral increased together with the pend growth. Allowing users to borrow against points, AAVE could capitalize On this swing, giving yields of traders with new strategies and possibly unlocking billions in a new loan volume.

AAVE intends to use the ownership price of the price known as the “linear increase in the lower limit” to be displayed for different points structure. After an assessment of integration, AAVE’s risk service providers will set risk parameters. The proposal sets the foundations for the future, the wider support of PT tokens, although the PT Token test will not be on board due to the current discussions about related assets.

The recording of the proposal is open 7. April and will end 11. April. So far, 100% of members of 6,500 Dao voted by the proposal of the thumbs.

Toward data From defiles, AAVE V3 platform is still among the largest in DEFs, with over $ 16.2 billion in the total value of locked and $ 9.9 billion in outstanding loans. The inflow for April has already reached $ 1.3 billion, outward $ 984 million recorded in March.