🧐 The paradigm evolution worth paying attention to in the new DeFi cycle—— Ethena ✖️ Aave ✖️ Pendle The new stablecoin siphon on the chain of ethena @ ethena_1abs, Aave provides lending scenarios, Pendle @ pendle_fi is an amplifier, and through the YT mechanism and lock in profits, it is redeemed in advance, giving rise to a new market of "yield trading"; The combination of the three has brought about a synchronous surge in capital flow, revenue, and agreement income; Simply put: Ethena opens up the situation, Aave provides the container, and Pendle detonates the flywheel. The convergence of the three has redefined the possibility of DeFi profits.