Is YT-rETH-WETH undervalued on Pendle.
03 Feb 2023, 04:02
Is YT-rETH-WETH undervalued on Pendle? 🤔
Implied APY for rETH-WETH is currently below the current actual APY, and FAR BELOW the @AuraFinance projected APY.
Pendle Implied APY - 6.42%
Actual APY - 10.77%
Aura Projected APY - 11.71%
What do these mean?