Pendle is proud to power the yield curve for @OCRRate, the first standardised onchain benchmark for stablecoin yields. OCRR uses Pendle's fixed-rate markets to construct a full term structure, bringing institutional-grade rate infrastructure to DeFi 🤝

OCRR
@OCRRate
03-18
Introducing OCRR: the Onchain Reference Rate The DeFi equivalent of SOFR; a daily benchmark for stablecoin lending yields across the top chains and protocols. Oh, and we don't stop at spot rates, we're introducing DeFi's yield curve too. Live now at http://onchainreferencerate.com
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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