Discover and read the best of Twitter Threads about #PENDLE

Most recents (13)

What is @pendle_fi you may wonder?👀

Pendle Finance is a DeFi protocol built on @ethereum & @arbitrum that allows users around the world to manage and trade #yield. It's a #permissionless platform, open to anyone with internet access.💯

🧵 Image
@pendle_fi @ethereum @arbitrum In traditional finance, #yield is the income from an investment, like interest from a bond or dividends from stocks.✍️

In #DeFi, yield often comes from #ProvidingLiquidity or #staking tokens. @pendle_fi introduces a novel approach to treating yield.🔥

2/7
@pendle_fi @ethereum @arbitrum Pendle wraps yield-bearing tokens into "Standardized Yield Tokens" (SY).📝

These #SY tokens are split into two components:👇

1️⃣ Principal Token (PT)
2️⃣ Yield Token (YT)

Representing the original investment and expected yield, respectively.☑️

3/7
Read 7 tweets
Magpiexyz created their new product @Penpiexyz_io has recently received massive support from pendle_fi

It's not your average DeFi integration.

Revolutionize how you enjoy DeFi with more flexibility & maximization than ever before.

Ready to explore? This thread's for you 👇🏼🧵 Image
2/ In this thread, I'll cover:

- Introducing Penpie
- Pendle Finance
- Pendle's veToken Model
- Pendle Rush
- PNP Token
- Conclusion

Let's Start!
3/ Introducing Penpie

Penpie is the secret sauce that fuels the growth of Pendle Finance and its ecosystem. As part of Pendle's offering, Magpie extends its reach and amplifies its benefits for DeFi enthusiasts everywhere.
Read 15 tweets
The Shanghai Upgrade will be in 7 days! 🔥

The biggest narrative associated with this update is the LSD narrative! 🫧

Let's see how to take advantage of this narrative to make big returns! 🪙

Level: Intermediate 🔰
Reading time: 4 minutes 📚
THREAD 🧵
If you don't know what the Shanghai Upgrade is and what impacts this upgrade may be, I invite you to read this THREAD before continuing:

Today only 15% of $ETH is staked!

This is explained by the fact that $ETH staked and rewards are locked, so a large part does not stake $ETH.

Only these $ETH will no longer be locked after the Shanghai Upgrade.
Read 20 tweets
我的 $gDAI 穩定幣池收入: 142% APY 🤯
其他人: 13%🤭
不短炒YT仍能獲得豐厚回報,有可能嗎?

#YieldTrading 太複雜,怎樣決定YT進出場的時機?

上次提到 @pendle_fi 後收到很多問題
今次精解一些最多人想知道的事!
(🧵1/13)
(2/13) 本樓旨在教學、解答收到的疑問
亦非投資建議,DYOR

首先,重溫一下
什麼是 Yield Trading、#Pendle 是什麼協議、YT是什麼
問題(1) - Underlying、Implied、Long Yield APY 到底看哪個?

你其實想問的是這一道百萬問題💰💰💰

YT/PT何時進出場、什麼時候貴、什麼時候便宜?

(3/13)
Read 13 tweets
Last PART on @pendle_fi !

After the first two THREADs :
Part 1 :
Part 2 :

where we saw the principles of the protocol, let's see the last part on the Tokenomics of the @pendle_fi project.

So let’s dive into it !

THREAD 🧵🧵🧵
Let's start by watching TVL on @DefiLlama, we see a strong increase in this TVL from December 2022.
Surely the beginning of the #LSD narrative.

Logically @pendle_fi takes strength on this narrative because it allows to trade Yields from #LSDs.
Logically, the price has also had the same evolution as the TVL (narrative LSDs).
Read 16 tweets
I did a first THREAD to present the @pendle_fi protocol to achieve level 2 comprehension.

I complete this THREAD (to level 4) by finishing the presentation of this wonderful protocol !

Let's dive into it !

THREAD PART 2 🧵🧵🧵
In the last THREAD I talked about:
- #Yield Tokenisation
- PT (Principal #Token) Strategy

In this THREAD we’ll talk about :
- YT (Yield Token) Strategy
- Yield Trading
On the same principle of the previous THREAD, I will try to be as simple as possible and will put a lot of examples to facilitate understanding.

Let’s GO !! 🔥🔥
Read 29 tweets
One of the protocols that I appreciate the most and which is also one of the most technically complicated : @pendle_fi

I think a lot still don't understand the principle of this amazing protocol.

Let’s dive into it !

THREAD 🧵🧵🧵
@pendle_fi is a technically quite complex protocol, it took me a while to understand it.

In this THREAD, I will do my best to be as simple as possible so that as many people as possible understand.
There is 4 levels of understanding on @pendle_fi, at the end of this THREAD my goal is that you are at level 2.

I will probably do another THREAD to complete.

Let's GO!!
Read 28 tweets
#GLPLego系列之 Pendle x #GLP
GLP = 一邊拿藍籌幣、一邊能下金蛋#RealYield的雞

🧐APR時高時低,能把利率固定嗎?
🧐對抗Trader PnL,不怕被🐳炒家擄劫行嗎?
🧐賺額外swap fee、激勵獎賞?
🧐不靠借貸槓桿,GLP回報提升接近1倍?
🧐甚至上下套利、無上限回報?

深入分析@pendle_fi 4種場境策略
提升回報
厲害的交易者,甚至能炒賣利率(對GLP未來生產fee能力的預期)
實現不錯的短線回報

@gabavineb 5天內就由5000粒GLP起手,賺到額外528粒GLP
靠的就是對GLP預期利率上沖下洗
寫在前頭,
有些人看到APR不夠高不開心、
有些人看到協議一層疊加一層覺得不安全。

咸魚清菜各有所愛,#GLPLego系列不是給後者看的、可以跳過
Read 42 tweets
1) How to profit from the current uncertainties of MEMO’s future rebase rewards, a thread

#wonderland #FrogNation #pendle #memo
@pendle_fi
2) With the recent tweets from @danielesesta, there are a lot of uncertainties in the MEMO’s rebase rewards in the coming weeks. Will the rebase rewards end? Will it be significantly reduced? When will these happen?
3) Uncertainties create opportunities. If you have an opinion on the future of MEMO’s rebase rewards in the coming weeks, here’s how you can bet on it (and get good returns if it turns out to be correct) by following Peepo or Wojak
Read 22 tweets
How I am getting a guaranteed* fixed yield of 112000% on my MEMO, a thread

#wonderland #FrogNation #pendle #memo
@pendle_fi

*assuming no contract risks
Before that, what do I mean by a guaranteed fixed yield? It means that no matter what happens (to Wonderland’s rebase APY, or to Wonderland's treasury,...), assuming no smart contract risks, I am guaranteed to get that yield rate.
So how did I do it?

1st step: I visited Pendle app at app.pendle.finance/market to check the Implied discount of OT-wMEMO

When I was doing this yesterday, the Implied discount was shown at ~112000%
Read 11 tweets
How I'm getting 240000% APY on my MEMO, instead of the usual 80000%, a thread

#wonderland #FrogNation #pendle #memo @pendle_fi
1st step: starting with 0.56 MEMO, I wrapped it to wMEMO on Wonderland:
snowtrace.io/tx/0x15f6bd9da…
2nd step: using Pendle, I converted the wMEMO into 0.56 YT-wMEMO and 0.56 OT-wMEMO
snowtrace.io/tx/0x70b503b78…
Read 11 tweets
1/ A thread on @pendle_fi, one of the most understimated projects that recently launched on mainnet. Pendle is a protocol that enables the trading and hedging of yield and currently supports two yield-generating tokens: aUSDC and cDAI, both products expire on December 29th, 2022.
2/ A deposit of aUSDC is separated into OT-aUSDC (OT represents the ownership of the underlying token deposited) and YT-aUSDC (representing the ownership of the future yield generated).
3/ @pendle_fi created a USDC liquidity pool for YT-aUSDC and YT-cDAI to price their markets, this is achieved providing incentives,
Read 14 tweets
1) On AMMs, On-chain is a completely different world compared to off-chain, I’m a firm believer that the concept of on-chain order book does not work due to its complexity involved in making a market, transaction costs for constantly shifting orders.
2) Not to mention the speed of matching orders where centralized ones can do a way better job than the decentralized counterpart. Constant Function Market Makers: #DeFi’s “Zero to One” Innovation. medium.com/bollinger-inve…
3) With @Uniswap #UNI V3 launched, we are now entering the capital efficiency era in the #DeFi world. Now, let’s talk about the various AMM models on the market, starting with the most intuitive one which has formed the cornerstone of where we are today.
Read 36 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!