Pendle Weekly Report: Boros is set to launch, and 37% of the circulating supply of PENDLE has been locked.

BlockBeats News: On April 30, Pendle released a weekly report reviewing the week's project updates. Pendle co-creator TN Lee posted that Boros will break through the limitations of Pendle V2 and open the next chapter to unlock the largest source of revenue in the crypto space - funding rate. Boros will be ready to go live, and the funding rate trading system will be an important layout to change the DeFi yield strategy. Crypto KOL Cheeezzyyyy said on social platforms that the number of vePENDLE locks has just exceeded 40 million, and the number of locked PENDLES has also hit a record high (about 61 million). This currently equates to 37% of the circulating supply (about $205 million), with an average lock-up period of 1.31 years. Aave launched a new round of voting on Pendle PT, and users can participate in voting; The Spartan Group, a crypto investment firm, uses Pendle PT to ensure high fixed returns for stablecoins and mainstream cryptocurrencies without the need for lock-ups. Maintaining liquidity further amplifies this advantage, allowing funds to adjust and reallocate as the market changes. Spartan Group also monitors trading activity and price trends in Pendle YT. This provides a benchmark for the valuation of pre-issue tokens – based on data rather than pure speculation.