Somewhat flying under the radar - @protocol_fx fxSAVE has been quietly one of the best stablecoin deals on Pendle.
• $FXN + $PENDLE rewards for YT
• 8.02% Fixed APY - one of the highest for stablecoin
Turns out it pays (very well) to be a Brazilian debt collector
> YT rewards are live 👀
> PT offers higher FIXED yield than current nOPAL's rate (6.4%)
> LP (zero IL when held to maturity) offers freaking 29% APY
voce está com a faca e o queijo na mão 🤷🏻
🔥 We’re excited to announce that the PT-sUSDD/USDT and PT-sUSDD/USDC markets are now officially live on @Morpho!
📌 Users can acquire PT-sUSDD by swapping USDT on @pendle_fi, then use PT-sUSDD as collateral on Morpho to borrow USDT or USDC and unlock additional liquidity. This strategy is supported by @gauntlet_xyz.
📌 Looping strategies are also supported: borrowing rates on these vaults are currently relatively low, creating potential opportunities to enhance exposure when combined with PT-sUSDD yield. Users may choose whether to participate based on their own risk tolerance and investment objectives.
🔗 PT-sUSDD/USDT:
https://t.co/7EbCh6GIFA
🔗 PT-sUSDD/USDC:
https://t.co/rEPgUhjHWq
🌐 More exciting updates are on the way—stay tuned! 🚀
Worth pointing out that the YT of all these markets are on track to absolutely print now 🧐
@usddio sUSDD - 71% ROI
@SkyMoney sUSDS - 99% ROI
@global_dollar USDG - 91% ROI
Set a rate. Hold until a known date. Receive the yield you set.
Fixed Yield is now live on https://t.co/w43dax3I2J, built together with @pendle_fi.
Here’s how it works ↓
Pretty big for sPENDLE stakers to hedge your reward distribution.
> sPENDLE is already "long" distribution
> Hedge = buying the lower brackets on @42space (e.g. $0 - $400k)
> High rewards - Great! Your sPENDLE prints
> Low rewards - Your "bets" on 42space win and print
@pendle_fi The earliest builders win biggest.
Join as a Pendle Builder now and secure exclusive Early Adopter rewards.
Find out more: https://t.co/jLyVtJ3MQF