WrapWrap
Pendle · Acts onchain
Wraps a token into a Pendle Standardized Yield token. The socket approves the SY and calls its deposit, which takes the token and mints SY shares at the current exchange rate; the call returns the shares minted. Only the tokens the SY's own deposit list names are offered. Reach for it to hold the SY itself ahead of a later mint or liquidity step, or to move an asset into the form every Pendle market is denominated in.
On other protocols · 4
