The Learning Pill 💊
The Learning Pill 💊
1d ago
PENDLE+1.89%
all it takes is 1 day for whales to realise → volumes for @almanak alUSD pool surged again when the old @pendle_fi pool matures, its possible for many to roll over in PT+SY mode, which means YT yields will be lower (p.s. previous pool ended at 47% implied yield) when Pill saw this opportunity, it was too good to give it up as they upped the ante w 5x Almanak points for YT holders only requiring 30M+ FDV launch to breakeven (with points) anything >90M FDV (Legion round) is pretty good (don't think they'll launch lower than the round tbh) and 1B FDV is a dream nfaaa
slappjakke
slappjakke
2d ago
When YTs gets a point boost its time to pay attention 👀 Especially when the old pool expired today and only 30% of the current Pendle TVL is earning points When @almanak TVL grew exponentially from $15M -> $165M in the last few months they decided to shift even more of the points over to YT holders and increased the point earnings from 1.5x to 5x for YT holders What we know about YTs and Points: • Daily points stay static at 333,333 points per day (less dilution with static points) • 5x Almanak Points multiplier boost Pendle YTs • 1 Almanak point = ~1 Token • 95.8% of Almanak points go to Pendle YT holders • Almanak public sale on Legion was at $90M FDV A community member made a Almanak YT-alUSD moonshot calculator which allows you to play around with the numbers If you were to enter the YT-alUSD (Dec) pool today at 14.5% Implied APY with $1k here's the expected returns 1x at $27M FDV (Breakeven) 4x at $200MFDV 11x at $500M FDV
Gallery 1
Sourced fromtwitter
2.6K
35
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.