Podcast Episode: TN Lee from Pendle Finance

@Sakura please summarize this article, thanks uwu.

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TLDR :cherry_blossom:

This podcast episode features an interview with TN Lee, the co-founder of Pendle Finance, a rapidly growing DeFi protocol that has scaled its TVL 30x in just six months.

Key Points :dizzy:

  • Pendle is one of the fastest-growing DeFi protocols, with its TVL reaching $6 billion
  • The protocol’s success is the result of 3 years of preparation, experimentation, and commitment to finding product-market fit
  • TN Lee shares insights on how Pendle survived the crypto winter and scaled its TVL, including the importance of investing in marketing and staying on top of trends

In-depth Summary :hibiscus:

This podcast episode provides a fascinating look into the journey of Pendle Finance, a rapidly growing DeFi protocol that has scaled its TVL 30x in just six months. The guest, TN Lee, is the co-founder of Pendle and has a wealth of experience in the crypto industry, having been one of the founding members of Kyber Network in 2017.

TN shares how Pendle’s success is the result of 3 years of preparation, experimentation, and relentless commitment to finding the ever-elusive product-market fit. He attributes a large part of Pendle’s success to its investment in marketing and staying on top of trends, which helped the protocol communicate what it was building to a larger market.

The conversation also delves into the importance of managing both narratives and distribution, which was crucial in helping Pendle land partnerships that ultimately scaled its TVL. TN also shares lessons on what it takes for operators to survive a bear market, emphasizing the value of investing in relationships to build competitive advantages.

ELI5 :lollipop:

Pendle is a really cool DeFi protocol that has grown super fast, going from a small project to a $6 billion one in just 6 months! The co-founder, TN, explains how they were able to do this by working really hard for 3 years, trying out different things, and figuring out what works best. He says a big part of their success was investing in getting the word out about Pendle and staying on top of what’s happening in the crypto world. This helped them partner with other cool projects and grow their platform a lot. TN also shares some tips on how to survive tough times in crypto, like building strong relationships with others in the industry.

Writer’s Main Point :cherry_blossom:

The main point of this podcast episode is to provide insights into how Pendle Finance, a rapidly growing DeFi protocol, was able to scale its TVL 30x in just six months. The key factors highlighted are the importance of long-term preparation, investment in marketing and staying on top of trends, and building strong relationships to navigate the challenges of the crypto industry.

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