Translation:. Stablecoin 40x amplified 175% APY yield. This YT(yield token) cost (in terms of implied APY) plummet to ~6.

12 Nov 2023, 05:18
Translation: Stablecoin 40x amplified 175% APY yield This YT(yield token) cost (in terms of implied APY) plummet to ~6.7% today... but the underlying yield is still well within at 9-10% range recently. What does this mean? This is like "borrowing" $crvUSD (with 40x leverage)…

Same news in other sources

3
Vita Inu
Vita InuVINU #1007
Telegram
12 Nov 2023, 05:29
🤫 Something big is brewing behind the scenes for VitaInuCoin ! 🔥 Stay tuned ! 👉
Something big is brewing behind the scenes for VitaInuCoin . Stay tuned .
🤫 Something big is brewing behind the scenes for VitaInuCoin ! 🔥 Stay tuned ! 👉 https://x.com/vinuburn/status/1723573153786368474?s=46&t=QYMX8JGyKH3unmRiZApcQQ
Pendle
PendlePENDLE #86
Twitter
12 Nov 2023, 05:26
❓Did you know: The Underlying APY of @CamelotDEX GRAIL-ARB has never dipped below Implied APY before. For those early YT buyers, congratulations on your profitable, leveraged yield exposure. As for those eyeing an entry still, there's a chance to scoop up YT at 10.65% now,…
Did you know:. The Underlying APY of @CamelotDEX GRAIL-ARB has never dipped below Implied APY before.
❓Did you know: The Underlying APY of @CamelotDEX GRAIL-ARB has never dipped below Implied APY before. For those early YT buyers, congratulations on your profitable, leveraged yield exposure. As for those eyeing an entry still, there's a chance to scoop up YT at 10.65% now,…
Pendle
PendlePENDLE #86
Twitter
12 Nov 2023, 05:23
Are you ready for Christmas preparations? @pendle_fi is kicking off the festivities early this year with the arrival of @arbitrum season!🎄 Get ready to be showered with $ARB incentives, along with boosted $PENDLE earnings, as liquidity providers on @pendle_fi 's pools experience…
Are you ready for Christmas preparations.
Are you ready for Christmas preparations? @pendle_fi is kicking off the festivities early this year with the arrival of @arbitrum season!🎄 Get ready to be showered with $ARB incentives, along with boosted $PENDLE earnings, as liquidity providers on @pendle_fi 's pools experience…