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
2PendlePENDLE #94
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,…
PendlePENDLE #94
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…