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. 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
