WrapWrap
Pendle · Acts onchain
Wraps a yield-bearing asset into its Pendle Standardized Yield token. The socket approves the SY and calls its deposit, which takes the asset and mints SY shares at the current exchange rate; the call returns the shares minted. Set the amount to max to wrap the full balance. 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
