Both gDAI and GLP yields have been going bonkers in this bull run. For gDAI in particular, Implied APY shot up from ~7% to 10.

24 Oct 2023, 07:12
Both gDAI and GLP yields have been going bonkers in this bull run šŸ‚ For gDAI in particular, Implied APY shot up from ~7% to 10.39% in just 2 days. In cases like this, the options for long yieldooors open up - flip for immediate profit, or hold for potential outsized yield? šŸ¤”

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Pendle
PendlePENDLE #94
Twitter
24 Oct 2023, 07:12
So anon, where do you see gDAI going next?
So anon, where do you see gDAI going next.
So anon, where do you see gDAI going next?
Pendle
PendlePENDLE #94
Twitter
24 Oct 2023, 07:12
Moral of the story - a good enough entry gives you the flexibility to either HODL and earn the floating yield with increased exposure, or flip for upfront profit (just as we've seen from the example below)
Moral of the story - a good enough entry gives you the flexibility to either HODL and earn the floating yield with increased exp
Moral of the story - a good enough entry gives you the flexibility to either HODL and earn the floating yield with increased exposure, or flip for upfront profit (just as we've seen from the example below)
Pendle
PendlePENDLE #94
Twitter
24 Oct 2023, 07:12
Link to 0x943 dashboard:
Link to 0x943 dashboard:.
Link to 0x943 dashboard: