Another candidate for the GREATEST trade of all time on Pendle.
04 Oct 2023, 10:12
Another candidate for the GREATEST trade of all time on Pendle?
0xc59 went in hard and early on YT-sDAI, and is now cooking 59% APY with stables.
For context, that's a whopping 12x more than the current sDAI yield of 5% APY.
Crazy thing is - it can still be done🍳
Same news in other sources
304 Oct 2023, 10:13
So anon, can you do better than 59% APY on stables?
What other secrit Pendle strats have you discovered?
And don't forget to drop @pendle_fi a follow for more educational materials, tips and the occasional alphas (🍚 offering to the X algo-overlords)
So anon, can you do better than 59% APY on stables. What other secrit Pendle strats have you discovered.
So anon, can you do better than 59% APY on stables?
What other secrit Pendle strats have you discovered?
And don't forget to drop @pendle_fi a follow for more educational materials, tips and the occasional alphas (🍚 offering to the X algo-overlords)
04 Oct 2023, 10:13
TL;DR
Chad 0xc59 spotted a YT opportunity in the new sDAI pool early, and has been reaping ~59% APY in the past 3 weeks.
Barring extreme changes, this would continue on until maturity in Mar 2024.
Low Implied APY entry also means selling now is a viable, profitable option.
Chad 0xc59 spotted a YT opportunity in the new sDAI pool early, and has been reaping ~59% APY in the past 3 weeks.
TL;DR
Chad 0xc59 spotted a YT opportunity in the new sDAI pool early, and has been reaping ~59% APY in the past 3 weeks.
Barring extreme changes, this would continue on until maturity in Mar 2024.
Low Implied APY entry also means selling now is a viable, profitable option.
04 Oct 2023, 10:13
New to yield trading?
Check out our basic YT guide here (feat. @MileyCyrus ) to get up to speed!
New to yield trading. Check out our basic YT guide here (feat. @MileyCyrus ) to get up to speed.
New to yield trading?
Check out our basic YT guide here (feat. @MileyCyrus ) to get up to speed!