How Pendle Protocol works

Currently, we do not have a fully fledged docs page for devs yet. This is just a list of documentations for important parts of our protocol

Pendle Technical Specification

Link
This contains a good overview of the whole protocol and is a good place to start reading

Forge's fees

Link
This explains in more details how the protocol fees on YT interests work

Market's protocol fees

Link
This explains in more details how the protocol fees on swap fees work

Pausing mechanism

Link
This explains how the pausing mechanism for our contracts works

Distribution of StkAAVE/COMP rewards

Link
This explains how the StkAAVE/COMP rewards are distributed to OT holders

[important] Generic interest calculation

Link
This document describe the math behind a common approach in how we calculate and distribute interests, for:
- LP holders of markets
- LP stakers of liquidity mining contracts