On Thursday, the Origin Protocol announced that Pendle’s PT-wOS market is now live as collateral on Silo Finance. This allows users to lock in a fixed 9% yield on $wOS and take leverage against it on the leading Sonic Labs money market.
Origin Protocol provides a platform for building peer-to-peer marketplaces and e-commerce applications. Users can buy or sell goods and services on these marketplaces, and developers can create their own applications powered by the Origin blockchain. Its native OGN token is down 1% and trades at $0.0650.