GM to all the YT-ankrETH-wstETH holders.
20 Sep 2023, 02:20
GM to all the YT-ankrETH-wstETH holders ☀️
Implied APY (Purple Line) has always sat below the Underlying APY (Green Line) since launch.
/pendle_fi/status/1704319585867190408/photo/1
For context, if your Implied APY entry remains below the Underlying APY, that means that you've scooped up some undervalued YT, and are thus enjoying leveraged exposure to yield.
This exposure gives more yield vs. what you have gotten from just merely holding the vanilla assets.
For instance, a $5000 capital would net you $1693 profit from YT vs. just $193 from holding the underlying.
A 10x increase in return assuming the current yield of 5.05% holds.
/pendle_fi/status/1704319585867190408/photo/2
With the right play, YTs are able to provide much more capital efficient returns, and all it takes is just one quick zap.
⚡https://t.co/ntA70bprMz
Same news in other sources
120 Sep 2023, 02:29
Appreciate the kind words @2lambro , really nice quick overview of some of the team's directions and thought process 🫡
Thread spoiler: office pic leaked
Appreciate the kind words @2lambro , really nice quick overview of some of the team's directions and thought process.
Appreciate the kind words @2lambro , really nice quick overview of some of the team's directions and thought process 🫡
Thread spoiler: office pic leaked