On September 12th, Pendle officially said that the voting of vePENDLE holders for Corn LBTC has started. The LP incentive has taken effect from 8:00 on September 12th, Beijing time. Pendle will unlock new revenue opportunities for BTC, including: PT-LBTC: BTC fixed income. YT-LBTC: Leverage exposure using multipliers, i.e. Corn Kernel (3x) + Lombard points (3x), and Babylon points (1x). Arthur Hayes, co-founder of BitMEX, said that Pendle's listing of DeFi combined with BTC has placed a bet that PENDLE will rise to $10.