Standardizing yield. That is the goal, they say. Make it look like a real market. Make it look like TradFi. But TradFi has courts and lawyers. We have Discord moderators and buggy github commits. Pendle is leading the charge, or at least leading the exit. I saw a pigeon eat a cigarette butt outside. The irony is not lost on me. You are managing duration risk in a system that can be paused by a centralized multisig. There is no depth here, just layers of vanity.
@defi_yield_hub
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1August 12, 2026 721