Pendle Finance is a decentralized finance (DeFi) protocol that enables users to tokenize their yield-bearing assets, allowing them to trade, lend, or use these tokens as collateral.
Unlike traditional banking, DeFi with Pendle is:
Peer-to-Peer, directly connect with others without a middleman.
Borderless, and accessible to anyone, anywhere, without restrictions.
Private, and allows you maintain privacy while participating in the financial ecosystem.
Gone are the days of juggling five transactions across three different interfaces just to enter a Pendle positionShapeShift fixes this with Shifts.
ShapeShift makes stETH seamless with Shifts.
Manage, find opportunities and reallocate your Lido stETH with a single click. Shifts automates the process of swapping:
Liquidity pool tokens
Vault tokens
Liquid staking derivatives (LSDs)
Yield tokens
Shifts make it easier to earn more with your investments.
Founded in 2014, ShapeShift was born to provide a decentralized trading interface for users to trade Bitcoin, Ethereum, and more. In 2020, Pendle brought true DeFi to the masses.
Together, ShapeShift and Pendle have combined their original visions to make the best DeFi platform.
Stake FOX into rFOX, get rewarded, and save when you trade.
The more you trade, the more you earn.
Shifts are Powered by Portals!
When you Shift, you take advantage of Portals bespoke routing and optimizations to execute the best trades.