About the Pendle Integration
Pendle is a yield trading protocol that allows users to split yield-bearing assets into principal (YT) and yield (LP) positions. It creates standardized markets for buying, selling, and managing future yield with full composability across DeFi.
The integration lets Fuul surface Pendle LP and YT positions as onchain signals that can be used inside your incentive setup.
What This Unlocks for Teams
Teams can tie rewards directly to real yield activity on Pendle by using LP exposure and YT holdings as the core inputs for distribution. Fuul processes these positions onchain and allocates points or tokens automatically, turning Pendle’s yield strategies into a structured and reliable growth surface. This gives teams a clear way to recognize users who commit capital, take positions, and remain engaged across Pendle markets, all inside an automated and predictable incentive workflow.
How to Setup Pendle in Fuul
- Go to Triggers
Open your incentive program and navigate to the Triggers section. - Create a trigger
Add a new trigger to connect your Pendle data source. - Select the Pendle integration
Choose Pendle as the source and pick whether you want to track an LP position or a YT position. - Fill in the required fields
Enter the YT address, SY address, and the price reference contract associated with the market you want to reward. - Save
Save the trigger to start rewarding users based on their Pendle LP or YT positions.
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