Here's a little light reading for your Sunday morning β
Intern crunched the numbers for YT-sUSDe (Karak) to please my community overlords.
TL;DR
> 730% APY + 98% profit estimated based on projections
> Staking yield of sUSDe gives quite substantial return to cushion YT costs
NFA of course. How much will points be worth? Will these be enough to recover your YT costs? No one knows for sure, we can only guess:
https://x.com/PendleIntern/status/1797119927943627087
Intern crunched the numbers for YT-sUSDe (Karak) to please my community overlords.
TL;DR
> 730% APY + 98% profit estimated based on projections
> Staking yield of sUSDe gives quite substantial return to cushion YT costs
NFA of course. How much will points be worth? Will these be enough to recover your YT costs? No one knows for sure, we can only guess:
https://x.com/PendleIntern/status/1797119927943627087
X (formerly Twitter)
Pendle Intern (@PendleIntern) on X
New: YT-sUSDe Karak πͺ Highlight
By popular request, here's the sUSDe version of @Karak_Network YT on Pendle:
Estimated Total APY = 730%
Estimated Profit = +98%
TLDR:
β’ Figures based on 1,000 USDe buy of YT-sUSDe (Karak) at time of writing (31.3% Impliedβ¦
By popular request, here's the sUSDe version of @Karak_Network YT on Pendle:
Estimated Total APY = 730%
Estimated Profit = +98%
TLDR:
β’ Figures based on 1,000 USDe buy of YT-sUSDe (Karak) at time of writing (31.3% Impliedβ¦
So apparently Justin Sun's one of us now, setting his eyes (or rather ETH) on Pendle PTs.
If you're looking to pull a Justin, here are some of the best Fixed APYs for your consideration:
1) Karak sUSDe (26 Sep) - 41.5% Fixed APY
2) ENA (29 Aug) - 81.9% FIxed APY
3) sUSDe (25 Jul) - 47.2% Fixed APY
4) Zircuit eETH (27 June) - 23.1% Fixed APY
Pro tip - here's another way to look at PTs:
The extra ETH or stables (or any other underlying assets) you're getting by maturity basically gives you a buffer/cushion just in case price drops.
If price goes up? Great! You have more profit now.
And that is the advantage of PT vs. Spot.
β His Excellency's PT buys - https://x.com/PendleIntern/status/1797818299964932567
β Paradigm Shift for PT - https://x.com/PendleIntern/status/1797601960474120601
If you're looking to pull a Justin, here are some of the best Fixed APYs for your consideration:
1) Karak sUSDe (26 Sep) - 41.5% Fixed APY
2) ENA (29 Aug) - 81.9% FIxed APY
3) sUSDe (25 Jul) - 47.2% Fixed APY
4) Zircuit eETH (27 June) - 23.1% Fixed APY
Pro tip - here's another way to look at PTs:
The extra ETH or stables (or any other underlying assets) you're getting by maturity basically gives you a buffer/cushion just in case price drops.
If price goes up? Great! You have more profit now.
And that is the advantage of PT vs. Spot.
β His Excellency's PT buys - https://x.com/PendleIntern/status/1797818299964932567
β Paradigm Shift for PT - https://x.com/PendleIntern/status/1797601960474120601
New long-dated HLP and MUXLP (Dec 2024) pools are live on Pendle ππ»
These pools are also sporting higher APYs than their soon-to-mature June counterparts.
For existing LPs, you can look to migrate your liquidity earlier to get a head start in capturing this higher APY.
For PTs, these long-dated pools are also offering higher Fixed APY (37%).
Tweet - https://x.com/pendle_fi/status/1798528091117294056
These pools are also sporting higher APYs than their soon-to-mature June counterparts.
For existing LPs, you can look to migrate your liquidity earlier to get a head start in capturing this higher APY.
For PTs, these long-dated pools are also offering higher Fixed APY (37%).
Tweet - https://x.com/pendle_fi/status/1798528091117294056
X (formerly Twitter)
Pendle (@pendle_fi) on X
Good Yippie Morning (GYM) to all the gym-goers ππ»
Always great to see such passion in taking care of one's health and body, just make sure you're doing the same for your assets too π
PENDLE incentives are now live for our newest @Arbitrum pools.
Lift weightsβ¦
Always great to see such passion in taking care of one's health and body, just make sure you're doing the same for your assets too π
PENDLE incentives are now live for our newest @Arbitrum pools.
Lift weightsβ¦
Paging aUSDC depositooors on Arbitrum π€π»
PT-aUSDC (Dec 2034) Fixed APY is at 10.8% - higher than the 1M, 3M and 1Y averages on Aave.
https://x.com/pendleintern/status/1800002386980974996?s=46&t=FieW0CeKdjAlKll4NAwPig
PT-aUSDC (Dec 2034) Fixed APY is at 10.8% - higher than the 1M, 3M and 1Y averages on Aave.
https://x.com/pendleintern/status/1800002386980974996?s=46&t=FieW0CeKdjAlKll4NAwPig
X (formerly Twitter)
Pendle Intern (@PendleIntern) on X
If you have an @aave USDC deposit on @Arbitrum, statistically speaking, you should just swap all of your aUSDC for PT-aUSDC on @pendle_fi now π§
aUSDC Average APY
Past 1m = 9.98%
Past 6m = 8.95%
Past 1y = 6.80%
βPT-aUSDC (26 Dec 2024) Fixed APY = 10.8%
aUSDC Average APY
Past 1m = 9.98%
Past 6m = 8.95%
Past 1y = 6.80%
βPT-aUSDC (26 Dec 2024) Fixed APY = 10.8%
GM, It's a lending market this week, with new pools from Silo and Dolomite.
Today's special:
sETH (PT-ezETH Sep2024)
sETH (PT-eETH Sep2024)
sETH (PT-rsETH Sep2024)
Loop PT fixed yields to your desire.
Like and RT: https://x.com/pendle_fi/status/1800876294491775392
Today's special:
sETH (PT-ezETH Sep2024)
sETH (PT-eETH Sep2024)
sETH (PT-rsETH Sep2024)
Loop PT fixed yields to your desire.
Like and RT: https://x.com/pendle_fi/status/1800876294491775392
X (formerly Twitter)
Pendle (@pendle_fi) on X
PT looping has been one of the most popular strategies in DeFi town, but the limit of ETH supply has placed constraints on its availability...
Enter @SiloFinance sETH on Pendle @Arbitrum:
1) sETH (PT-ezETH Sep2024)
2) sETH (PT-eETH Sep2024)
3) sETH (PTβ¦
Enter @SiloFinance sETH on Pendle @Arbitrum:
1) sETH (PT-ezETH Sep2024)
2) sETH (PT-eETH Sep2024)
3) sETH (PTβ¦
GM, speculate on crvUSD's volatility with our new crvUSD (Sep '24 Maturity) pool on Silo.
As usual, lending markets on Pendle enables many strategies:
- More looping
- Fix borrowing costs
- Earn fixed lending yields
Like and RT: https://x.com/pendle_fi/status/1801245309684822027
As usual, lending markets on Pendle enables many strategies:
- More looping
- Fix borrowing costs
- Earn fixed lending yields
Like and RT: https://x.com/pendle_fi/status/1801245309684822027
GM @everyone, another addition to trading lending-yields: Dolomites dUSDC.
Strong USDC borrowing demand resulted in yields fluctuating from 10.9%-82.6%, giving ample opportunity for yield-traders to capitalize in this volatility.
On top of that, dUSDC on Pendle gives 3x Dolomite Minerals!
Like and RT: https://x.com/pendle_fi/status/1801601110979002687
Strong USDC borrowing demand resulted in yields fluctuating from 10.9%-82.6%, giving ample opportunity for yield-traders to capitalize in this volatility.
On top of that, dUSDC on Pendle gives 3x Dolomite Minerals!
Like and RT: https://x.com/pendle_fi/status/1801601110979002687
New short-dated eETH (25 July) pool is out β¨
Trades have been concentrated around short-dated/close-to-maturity pools.
Points hunters love the higher, faster points accumulation offered by these YTs, and whales like Justin Sun love the lower risk, short-term fixed yield offered by PTs. Is this what they call symbiosis? π€
Anyway, with multiple ETH pools maturing in ~8 days, we should see flows to the next wave of short-dated pools, just like this new eETH (25 Jul) pool.
LPs could potentially capture this new influx of trades + liquidity ahead of time by LPing early.
Link - https://x.com/pendle_fi/status/1803063884779037012
Trades have been concentrated around short-dated/close-to-maturity pools.
Points hunters love the higher, faster points accumulation offered by these YTs, and whales like Justin Sun love the lower risk, short-term fixed yield offered by PTs. Is this what they call symbiosis? π€
Anyway, with multiple ETH pools maturing in ~8 days, we should see flows to the next wave of short-dated pools, just like this new eETH (25 Jul) pool.
LPs could potentially capture this new influx of trades + liquidity ahead of time by LPing early.
Link - https://x.com/pendle_fi/status/1803063884779037012
X (formerly Twitter)
Pendle (@pendle_fi) on X
There are 2 types of people:
"Ewww it's so short"
"Weww it's so short"
Real P's would know the value that short-dated pools have to offer, especially new ones like:
β¨ @ether_fi eETH (25 July 2024)
"Ewww it's so short"
"Weww it's so short"
Real P's would know the value that short-dated pools have to offer, especially new ones like:
β¨ @ether_fi eETH (25 July 2024)
Look out world, the first Symbiotic LRTs have arrived on Pendle π
4 of Mellow x Symbiotic LRTs are now live:
1. steakLRT (Curator: Steakhouse Financial)
2. Re7LRT (Curator: Re7 Labs)
3. amphrETH (Curator: MEV Capital)
4. rsETH (Curator: P2P)
Pendies can start earning Mellow Points, Symbiotic Points (when available) and respective LRT Points (when available).
Do note that YTs will only earn points here, and the Underlying Yield will be accrued to PTs instead.
For more information, check out our post at https://x.com/pendle_fi/status/1803773346112495828
P.S. Remember to vote for these new pools for next week's epoch!
4 of Mellow x Symbiotic LRTs are now live:
1. steakLRT (Curator: Steakhouse Financial)
2. Re7LRT (Curator: Re7 Labs)
3. amphrETH (Curator: MEV Capital)
4. rsETH (Curator: P2P)
Pendies can start earning Mellow Points, Symbiotic Points (when available) and respective LRT Points (when available).
Do note that YTs will only earn points here, and the Underlying Yield will be accrued to PTs instead.
For more information, check out our post at https://x.com/pendle_fi/status/1803773346112495828
P.S. Remember to vote for these new pools for next week's epoch!
The Pendle Symbiotic continues with the addition of EtherFi's Super Symbiotic LRT πͺπ»
weETHs (29 Aug)
2x EtherFi Points.
4x Veda Points.
1x Symbiotic Points (when available).
More info at https://x.com/pendle_fi/status/1804135949041045894
P.S. 3/4 Mellow pools are already filled to the cap, with Re7LRT being the only left remaining π
weETHs (29 Aug)
2x EtherFi Points.
4x Veda Points.
1x Symbiotic Points (when available).
More info at https://x.com/pendle_fi/status/1804135949041045894
P.S. 3/4 Mellow pools are already filled to the cap, with Re7LRT being the only left remaining π
X (formerly Twitter)
Pendle (@pendle_fi) on X
BOOM - Super Symbiotic LRT weETHs now live on Pendle
A foursome symbiosis featuring:
Pendle x @ether_fi x @symbioticfi x @veda_labs
With the chance to earn triple points in EtherFi Points + Veda Points + Symbiotic Points π¦
A foursome symbiosis featuring:
Pendle x @ether_fi x @symbioticfi x @veda_labs
With the chance to earn triple points in EtherFi Points + Veda Points + Symbiotic Points π¦
If you're looking at some short-dated PTs, there's about ~200 ETH capacity left for Re7LRT, which is currently giving out ~20.38% APY in 30 days
Since 1 PT redeems for 1 LRT at the end, you're not only accruing more ETH, but also more valuable ETH (LRT is value accruing like wstETH and will increase in value overtime).
Since 1 PT redeems for 1 LRT at the end, you're not only accruing more ETH, but also more valuable ETH (LRT is value accruing like wstETH and will increase in value overtime).
Some cool, new features on Pendle!
β‘ Liquidity Transfer
β‘ PT Rollover
With these, you'll finally be able to migrate your liquidity with just a single click - right in time for that big 27 June maturity later this week π
For the full guide, refer to https://x.com/pendle_fi/status/1805586718898405796
β‘ Liquidity Transfer
β‘ PT Rollover
With these, you'll finally be able to migrate your liquidity with just a single click - right in time for that big 27 June maturity later this week π
For the full guide, refer to https://x.com/pendle_fi/status/1805586718898405796
Gentle reminder that we're ~12 hours until the June maturity wave!
Here's all you need to know ahead of time to prepare for it - https://x.com/pendle_fi/status/1805781432092311945
Here's all you need to know ahead of time to prepare for it - https://x.com/pendle_fi/status/1805781432092311945
X (formerly Twitter)
Pendle (@pendle_fi) on X
Heads up, Pendies π«‘
The big 27 June maturity will be upon us soon.
What can you do?
What should you do?
Here's all that you need to know about matured pools ππ»
The big 27 June maturity will be upon us soon.
What can you do?
What should you do?
Here's all that you need to know about matured pools ππ»
Ongoing migrations are depressing Implied APYs which are opening up some potential opportunities for points hunters here π
Also it's double $ARB season this epoch, which means some nice looking numbers for our Arbitrum pools
Link - https://x.com/PendleIntern/status/1806157671999078407
Also it's double $ARB season this epoch, which means some nice looking numbers for our Arbitrum pools
Link - https://x.com/PendleIntern/status/1806157671999078407
Kicking off this happy Friyay with a limit increase for Mellow LRTs π
- 3x Mellow Points (reverts to 2x once Symbiotic cap is lifted)
- 1x Symbiotic Point (when available)
https://x.com/pendle_fi/status/1806467071783682147?s=46&t=FieW0CeKdjAlKll4NAwPig
- 3x Mellow Points (reverts to 2x once Symbiotic cap is lifted)
- 1x Symbiotic Point (when available)
https://x.com/pendle_fi/status/1806467071783682147?s=46&t=FieW0CeKdjAlKll4NAwPig
X (formerly Twitter)
Pendle (@pendle_fi) on X
GMπ
Deposit limits have been increased across the Mellow LRTs on this glorious morning:
β’ amphrETH - 36,000
β’ rstETH - 36,000
β’ steakLRT - 16,000
β’ Re7LRT - 16,000
P.S. Deposit available while stocks last π«‘
β’ amphrETH - 36,000
β’ rstETH - 36,000
β’ steakLRT - 16,000
β’ Re7LRT - 16,000
P.S. Deposit available while stocks last π«‘
Mellow LRTs are offering the highest Fixed Yield for ETH at the moment. Liquidity is still fairly low vs. other pools but with the cap increase, we should see more flows soon.
Meanwhile, use LIMIT ORDERS to get around the price impact and secure the APY you want π
- steakLRT | 21.79% Fixed APY | 17.08% LP APY
- amphrLRT | 19.91% Fixed APY | 14.66%
- rstETH | 19.47% Fixed APY | 22.9% LP APY
- Re7LRT | 18.85% Fixed APY | 22.82% LP APY
Meanwhile, use LIMIT ORDERS to get around the price impact and secure the APY you want π
- steakLRT | 21.79% Fixed APY | 17.08% LP APY
- amphrLRT | 19.91% Fixed APY | 14.66%
- rstETH | 19.47% Fixed APY | 22.9% LP APY
- Re7LRT | 18.85% Fixed APY | 22.82% LP APY
Pendle Symbiotic arc continues! This time with Ethena in the mix to bring you:
- rsENA (26 Sep)
- rsUSDe (26 Sep)
Fun fact - since ENA is pretty much the only asset that hasn't reached its cap on Symbiotic, it'll be the first and only asset that earns Symbiotic Points on Pendle (for now until the cap increases for the others)
Existing rsENA + rsUSDe owners can consider LP-ing on Pendle to squeeze out those extra fees and yield on top
https://x.com/pendle_fi/status/1808122540646338671
- rsENA (26 Sep)
- rsUSDe (26 Sep)
Fun fact - since ENA is pretty much the only asset that hasn't reached its cap on Symbiotic, it'll be the first and only asset that earns Symbiotic Points on Pendle (for now until the cap increases for the others)
Existing rsENA + rsUSDe owners can consider LP-ing on Pendle to squeeze out those extra fees and yield on top
https://x.com/pendle_fi/status/1808122540646338671
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Alright Pendies, Renzo REZ is now live on Pendle and there's no second best in racking up those ezPoints
For reference, YT-REZ is about 143x and 25x more efficient than $ezETH and $REZ for ezPoints π«‘
Shoutout to the 20% Fixed APY too for PT-REZ.
For reference, YT-REZ is about 143x and 25x more efficient than $ezETH and $REZ for ezPoints π«‘
Shoutout to the 20% Fixed APY too for PT-REZ.
Ho hoooo so if you didn't already know, Symbiotic just announced a cap increase ~30mins ago, right in time for our new launch for Renzo x Mellow pzETH π
TL;DR This is a Symbiotic LRT by Renzo deployed via Mellow, and Pendies will be able to earn 1x Symbiotic Points + 2x Mellow Points + 3x ezPoints (while stocks last)
https://x.com/pendle_fi/status/1808480404355383380
TL;DR This is a Symbiotic LRT by Renzo deployed via Mellow, and Pendies will be able to earn 1x Symbiotic Points + 2x Mellow Points + 3x ezPoints (while stocks last)
https://x.com/pendle_fi/status/1808480404355383380
X (formerly Twitter)
Pendle (@pendle_fi) on X
Our 4some streak continues! Just in time for the @symbioticfi cap increase too π
Pendle x @RenzoProtocol x @mellowprotocol x Symbiotic come together to make restaking #ezpz with:
π pzETH (26 Sep)
Pendle x @RenzoProtocol x @mellowprotocol x Symbiotic come together to make restaking #ezpz with:
π pzETH (26 Sep)