Pendle PT-AUSD 5 min read
Using Pendle PT-AUSD as Collateral on Curvance
TLDR; PT-AUSD is now live as collateral on Curvance. For anyone holding Pendle principal tokens, that changes what the position can do. Instead of sitting idle until maturity, PT-AUSD can back a loan while its redemption value stays intact. This post covers what a Pendle PT is, why a principal token works as lending collateral, and what becomes possible once PT-AUSD is deposited on Curvance.