🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
Brain challenge, guess and win rewards!
5 lucky users with the correct answers will share $50 GT! 💰
Join:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 16:00, Sep 17 (UTC)
The stablecoin wcgUSD under Cygnus integrates with the Pendle Interest Rate Derivative protocol, supporting the minting of PT and YT to stack multiple yields.
According to ChainCatcher news, the official announcement states that the stablecoin wcgUSD under Cygnus has officially integrated the DeFi interest rate derivative protocol Pendle. Users can now deposit wcgUSD through the Keep YT model, minting principal tokens (PT) and yield tokens (YT) with zero price impact, while simultaneously obtaining basic yield, Pendle rewards, and Cygnus points for triple returns. This scheme aims to enhance capital efficiency, allowing users to optimize liquidity allocation while retaining full exposure to the underlying asset's yield. This collaboration is based on both parties' shared vision for the structured yield market. Pendle's interest rate derivative infrastructure combined with Cygnus's composable yield-generating stablecoin layer creates a transparent and modular yield primitive. Both parties plan to explore deeper integration in the future through Pendle's infrastructure and Cygnus's Liquidity Verification System (LVS), including YT asset native re-staking, modular treasury yield routing, and expanding stablecoin liquidity to applications such as the creator economy. The current integration plan has been launched on the Base chain, and users can directly participate through the Pendle trading market.