The Aave decentralized autonomous organization (DAO) is holding a vote on a proposal that would integrate Pendle’s Principal Token (PT) assets into its V3 Core market. The proposal, published on the web3 voting platform Snapshot on April 7th, suggests listing one PT test asset initially. Pendle is a DeFi protocol allowing users to split yield-bearing tokens into two parts: Principal Tokens and Yield Tokens. PTs represent the original value of the token and can be redeemed at full value upon maturity, making them similar to fixed-income instruments. YTs, on the other hand, provide access to future yield generated by the underlying asset. The proposal aims to evaluate demand for PT tokens as collateral before wider integration.