Update on GLP:. Market slowdown has sent the weekly yield plummeting from last week's high down to ~7. 6% APY.
01 Nov 2023, 03:52
🫐 Update on GLP:
Market slowdown has sent the weekly yield plummeting from last week's high down to ~7.6% APY.
Surprisingly, Fixed/Implied APY has remained relatively steadfast in the ~11.3% region despite some sales + cashouts
Same news in other sources
201 Nov 2023, 03:52
Meanwhile, the GLP pool is putting out 18.25% Boosted APY for Pendle LPs - higher than both the current Long Yield and Fixed APY now.
For users looking for alternatives to directional positions, LP is an option to capitalize on this GLP season both ways
Meanwhile, the GLP pool is putting out 18.
Meanwhile, the GLP pool is putting out 18.25% Boosted APY for Pendle LPs - higher than both the current Long Yield and Fixed APY now.
For users looking for alternatives to directional positions, LP is an option to capitalize on this GLP season both ways
https://t.co/1eZocxLCta
01 Nov 2023, 03:52
Early projections still have GLP maintaining ~7.3% APY still
Market collectively seems to be expecting GLP yield to settle in the low teens eventually (for now).
Which also opens up the opportunity for users to lock in a Fixed Yield of 11.3% for GLP.
Early projections still have GLP maintaining ~7. 3% APY still.
Early projections still have GLP maintaining ~7.3% APY still
Market collectively seems to be expecting GLP yield to settle in the low teens eventually (for now).
Which also opens up the opportunity for users to lock in a Fixed Yield of 11.3% for GLP.