After jumping up to ~18. 2% APY for the week, it seems that GLP yield is headed for another dip to ~4. 3% in the next epoch.
29 Aug 2023, 09:45
After jumping up to ~18.2% APY for the week, it seems that GLP yield is headed for another dip to ~4.3% in the next epoch 🫐
Implied APY has already dropped from 13% to 10.5% over the week as yield traders rush to reposition.
Same news in other sources
229 Aug 2023, 09:45
So Pendies, what's your move going to be for the week? 🤔
So Pendies, what's your move going to be for the week.
So Pendies, what's your move going to be for the week? 🤔
29 Aug 2023, 09:45
Alternative is to provide liquidity and profit off the yield trades in both directions instead.
Recent yield volatility has channeled activities to the GLP pool, bringing up the APY to as high as ~37.7%.
Alternative is to provide liquidity and profit off the yield trades in both directions instead.
Alternative is to provide liquidity and profit off the yield trades in both directions instead.
Recent yield volatility has channeled activities to the GLP pool, bringing up the APY to as high as ~37.7%.