Pendle price

The entire market is currently in a frenzy over various concepts and narratives, with few viewpoints analyzing value from the perspective of project revenue. I just saw $ATH's impressive financial report, with quarterly revenue of $38.9 million, a 20% quarter-over-quarter increase, and annual revenue surpassing $155 million. I think this should be the essence of business. Recently, I expressed the viewpoint of judging project value based on revenue, which received skepticism and ridicule, but I insist that data does not lie; the revenue data reflects the real business logic. There are quite a few projects in the Depin track, but why is it that only Aethir has dared to disclose its receivables, and they are so impressive? Breaking down the truth behind it, the core is that Aethir has a complete ecological logic from token rewards - token consumption - to a 70% GPU utilization rate. Users can share computing power here and receive rewards; the higher the SLA level of the service, the more customers can be attracted to consume. So this is the core moat. In addition to the closed-loop design of its own ecosystem, Aethir is also actively seeking partnerships with top industry projects, such as collaborating with EigenLayer AVS, where eATH became the first DePIN asset to go live on Pendle, and partnering with Chainlink to join the AI Unbundled Alliance, paving the way for DeFi and RWA narratives, etc. So, while a project's height indeed requires the market to shout, the length of a project's lifecycle must rely on the project's own ability to generate revenue and the value it can provide; this simple logic will never change.

Should've done it earlier, but good time to change hands. Also, by the way, tUSDe old pool is maturing and if you believe the majority of PTs in the old pool would roll over to the new one, it might be good to place some limit order. Pendle

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