SIP-2054: List PENDLE on SNX Perps v2
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2024-02-08 |
Simple Summary
List Pendle on Synthetix Perpetual Futures.
Abstract
This proposal aims to list PENDLE perpetual futures on Synthetix Perps, allowing traders to gain exposure or hedge against PENDLE in the Synthetix ecosystem.
Motivation
PENDLE is currently a hottest narrative on DeFi with yield trading on top of Ethereum (re)staking. With Pendle, you can leverage over Eigenlayer et al. points with yield token or lock the APY with principal token. The PENDLE token is already on Binance Perps.
Specification
See Coingecko for info.
Technical Specification
Requires Pyth and Chainlink oracles.
Test Cases
N/A
Configurable Values (Via SCCP)
The specific configurable values related to the PENDLE listing, such as leverage limits, funding rates, and margin requirements, will be updated and maintained as per SCCP guidelines.
Copyright
Copyright and related rights waived via CC0.