Provide liquidity for Pendle pools and receive swap fees as yield. Different pools have different APYs due to trading volume and PENDLE incentives (determined via governance and voting).
Liquidity providers receive returns from multiple avenues:
- Fixed rate from PT
- Protocol rewards from underlying token
- Swap fees
- PENDLE incentives
- Go to the Pools page
Select your desired asset
Choose the maturity date of the asset
- Enter the amount of liquidity you wish to provide
(Advanced) Control your slippage tolerance by clicking the Gear icon in the top right
(Advanced) Stake vePENDLE to boost your APY
Check the details of your LP
- Approve the transaction and Deposit!