Pendle Intern(@PendleIntern):You see 9.39% APY and you scoff at it. BUT keep in mind you're getting 2x more yield than sUSDe, and this is close to being "illiquidatable" Why? Coz Aave codes PT by formula, not by market: ・Converges to $1 at maturity ・Priced off USDT ・Immune to AMM moves and Implied APY swings Bullet proof collateral.

Pendle Intern

@PendleIntern

Chief Meme Officer (CMO) @pendle_fi || Burger Engineer @McDonalds

参加 April 2023

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Pendle Intern@PendleIntern

2026.08.05 03:34

You see 9.39% APY and you scoff at it. BUT keep in mind you're getting 2x more yield than sUSDe, and this is close to being "illiquidatable" Why? Coz Aave codes PT by formula, not by market: ・Converges to $1 at maturity ・Priced off USDT ・Immune to AMM moves and Implied APY swings Bullet proof collateral.