In both traditional finance and decentralized finance (DeFi), the primary goal is to continually pursue opportunities in maximizing returns. While traditional finance focuses on interest, dividends, and other income streams, DeFi operates on a similar principle but with the concept of yield at its core. Yield strategies encompass a wide array of methods through which participants can earn income by utilizing their capital within decentralized financial markets, including lending, staking, liquidity provision, and yield farming.

Pendle offers a unique solution to maximize yield in the cryptocurrency market by providing users with control over their yield through a permissionless yield-trading protocol. There are three components that make this possible:

• Yield Tokenization. The platform tokenizes yield-bearing assets into standardized yield tokens (SY), which are then split into principal tokens (PT) and yield tokens (YT).
• Pendle AMM. The yield tokens can be traded on Pendle's Automated Market Maker (AMM) without requiring an in-depth understanding of the AMM mechanism.
• vePENDLE. Pendle's governance token, vePENDLE, enhances decentralization and stability within the ecosystem. Holding vePENDLE provides voting rights and access to incentives for users.

Through Pendle, users can execute advanced yield strategies as outlined in their yield-trading handbook, unlocking the full potential of yield in DeFi and optimizing returns in both bull and bear markets.

However, grasping the concept of yield and navigating platforms like Pendle can be daunting, particularly for beginners. Recognizing this challenge, Bitskwela has partnered with Pendle to simplify DeFi education and make it more accessible for all. With a shared commitment to empowering communities through education on decentralized finance and yield opportunities, this partnership aims to pave the way for broader adoption and understanding of Web3 technologies in the Philippines.

"The Philippines emerged as a major player in the play-to-earn phenomenon with Axie Infinity. With a large and tech-savvy population, the Philippines is poised to to see strong growth Decentralized Finance (DeFi). Excited to see where this brings, especially on how DeFi enables financial product access to more Filipinos,” remarked Dan, Head of Growth at Pendle

"At Bitskwela, our dedication to educating Filipinos about Web3 technologies goes beyond surface-level knowledge. We strive to delve deep into the crypto rabbit hole, including decentralized finance, empowering our communities with profound insights and understanding. Pendle shares in this commitment, standing alongside us in our mission to empower individuals with Web3,” affirmed Jiro Reyes, CEO of Bitskwela.