Important collection restaurants
- Almanak launched Alusd Stablecoin on Pendle.
- Liquidity providers (LPS) and yields (YT) holders receive a 1.25x almanac point multiplimmer.
Almanak today launched his Alusd Stablecoin on Pendle and offered a 1.25x multiplier on Almanak points for liquidity providers and token holders.
The integration offers a 25% bonus in Almanac points for users who participate as LPS or hold yield to the Pendle platform. The launch expands the presence of Alusd in the decentralized financial ecosystem and creates new opportunities for earning yield for users.
Pendle works as a revenue trade protocol with which users can use future yields to -token and trading various crypto assets. The Alusd integration allows users to earn yield and at the same time collect extra almanac points via the improved multiplier system.
The 1.25x Points Multiplier specifically applies to activities of liquidity facilities and delivers token possesses in the Pendle protocol, which means that users create incentives to communicate with the newly launched Alusd -Pools.