Mr. Lin | Pendle Maxi 🧸 Profile picture
May 19 16 tweets 6 min read Read on X
Want free money and airdrops?

Learn the dark arts of YT-trading on @pendle_fi.

I will teach you:

- How to abuse YT to your advantage;
- Earn profit/airdrop with 0 costs;
- Sources of ALPHA so you can front-run the n00bs (yes this is ALPHA)

Interested? Dig in 👇 Image
1a/ Why should you trade on Pendle?

2025 is the year of stablecoins.

Mcap of stables is >$240b, with $USDT and $USDC dominating it.

VCs are eyeing over Tether and Circle's profit - hence making their own stables.

Soon enough, the stablecoin duopoly will be no longer. Image
1b/

Unlike Tether/Circle, new stables are giving BACK their PROFITS to users.

With tradable yields, @ethena_labs saw an opportunity to boostrap liquidity.

1c/

With Pendle as its accelerator, $USDe grew from $1B to $4B.

Projects will learn from this case study - and list their stables on Pendle.

New products = more opportunity to get in early = get rich faster.

Our mission is to profit in yields and GET FREE AIRDROPS. Image
2/ How to abuse YT?

Pendle currently has >60 stables, each with different designs and POINTS system.

Some say POINTS are like gambling - hoping that the airdrop will be good.

But to us, it don't matter.

We're here to SHOOT and SCOOT.
2b/

PAY ATTENTION.

You should always use LIMIT ORDER whenever you can.

In @pendle_fi, maker order fee is 0 (only taker pays the fee).

This allows us to:

1. Strategically set our entry price;

2. Save on hefty taker fee;

3. Higher chance to make profit. Image
2c/ READ THE BOOK.

E.g. @FalconStable $sUSDf order book:

- Buy YT has THIN order book until IY hits 9.15% = whale could easily smash IY down to 9.15%

- UY at 10% = anything under means YT makes free money (from yield and Falcon's airdrop)

- Good liquidity = healthy market. Image
2d/

Learn to read the charts (and news):

- @FalconStable announced their points system on April 30 = huge surge of YT = IY skyrockets

- Whales quickly discovered and bought PT with size (PT-sUSDe was only 9% in comparison)

- UY steadying at 10%. Image
2e/ THE PLAN

The trend tells us the IY will keep getting hammered to the ~10% range

You should then set limit order (BUY YT) from 10.83% - 9.89%.

REMEMBER, if UY stays at 10%, any YT below it = free points and yield.

Then if IY rebounds to >11%, SELL IT. Image
2f/ RECAP:

- Check if the market is healthy (i.e. good liquidity);
- Read the order books to identify opportunities to set limit orders;
- Identify and predict trends by understanding the chart;
- Set up your plan and BE PATIENT;
- and remember - EXIT when PROFIT. Image
3/ HOW TO IDENTIFY ALPHA/TREND?

You're here outrun the n00bs, not a points-maxi.

As such, its important to predict WHEN is a good timing to buy YT (and even APE in w/ market order).

Three sources of alpha:

- News;

- KOLs e.g. @ViNc2453 ;

- and mofo @PendleIntern. Image
3b/ NEWS NEWS NEWS

When $sUSDF listed their product on @pendle_fi, they haven't announced their points program.

Even when they announced it on April 30 - there was still AMPLE of time to ape in their YTs.

You'll have conviction once you understand the game. Image
3c/ KOLs

Check your favorite KOLs and see who's CREATING the trend.

@ViNc2453 made a post on @sparkdotfi $USDS

Soon enough there was massive volume, pumping the IY from 9.5% to 10.3%.

Thanks for pumping my bag ser 🤭

3d/

Pendle Intern dropping another YT moonsheet?

haha time to ape in

(and @FBI lock him up thanks)

even if the points APY are out of THIS CELESTIAL

we are here to get them for FREE

(yes i'm asian, so free shit = good shit). Image
4/ CONCLUSION

There's nothing wrong with being a points-maxi btw

You could've made generational wealth from farming points for:

- Season zero Ethena $sUSDe
- Pre-TGE Usual $USD0++
- Season 1 Solv $SOLV

I'm only here to give you a different optics on how to YT 😘

NFA DYOR Image
That's a wrap for how to trade YTs on @pendle_fi!

Tagging my favorite hoomans here:

@Rightsideonly
@DDangleDan

@imkenchia

@kevin0x0

@degens_grandma

@crypto_linn

@CryptoBigBeartw

@Alvin0617

@trader_alvin1

@Neoo_Nav

@quant_sheep

@2lambro

@Aprilzz423

@chutoro_au

@zetai_mmt

@KazumaxCrypto
@jimcurrywang

@TravelToEW
@qianchengpeng

@0xbikuta

@ChesterLin16

@DeFiGuyLuke

@NaveenCypto

@poopmandefi

@0xCheeezzyyyy

@kenodnb

@NewPaguinfo

@0xlenn

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More from @hzl123331

Jan 17
What if I told you Pendle Boros will achieve...

👉 Over $40B in TVL,

👉 Consistent annual revenue of at least $246M,

👉 Over $2B in daily trading volume,

👉 and $PENDLE will surpass $40.

w/ aid of Ethena's 2025 roadmap, I'm able to tell you EXACTLY my thesis on Boros.
🧵👇 Image
1. What we ALREADY know about Pendle Boros:

- Will create funding rate market that allows funding rates from perpetual exchanges (e.g. Binance), w/ daily trading volume of ~$150-200B;

- Can also trade RWA (e.g. T-bills, real estate), EVM & SVM products' rates;

- Margin trading - enabling users to leverage your fixed rate yield (i.e. similar to PT loop with Morpho/Contango, but integrated into Boros);

- Further synergies between Pendle V2's yield products in Boros;

- SPECULATION of Boros LP - which will share revenue to $PENDLE;

- Boros will tap into liquidity of DeFi, CeFi, and even TradFi.Image
2. What we know about @ethena_labs's 2025 Roadmap

Being the most ambitious piece of article published just 3 days into 2025, the roadmap certainly does pack a punch.

Price action of $ENA went skyrocketing immediately after the announcement.

Here's the TLDR version of their roadmap:

➤ iUSDe - Exporting wrapped sUSDe to TradFi markets, which will ABSOLUTELY annihilate other competitors in the "fixed income product" section.

➤ sUSDe integrated into Telegram web-3 wallet

➤ Projection of QUADRIPLING their growth in 2025 - w/ BTC price at $200k, the target USDe supply will reach $25B. 🔥Image
Read 15 tweets
Jul 12, 2024
This is not a joke.

Pendle will be the largest project in this space.

Pendle's TVL will flip Eigenlayer & Lido.

And nobody is ready for this.

▪️▪️▪️

This thread will explore the future of Pendle including:

- Pendle V3

- BTC Restaking;

- and Permissionless Listing

🧵/1 Image
@pendle_fi History does not repeat itself, but it rhymes.

@pendle_fi V1 achieved US$40M TVL back in 2021.

- Then it's TVL dropped by 90%.

Pendle V2 achieved US$6.7B TVL in 2024.

- Then it's TVL dropped by 50%.

Naturally, Pendle V3 TVL will at least do another tenfold.

But why?

/2 Image
@ViNc2453 WHAT IS PENDLE "V3"?

It was mentioned by the team, but never did they specifically told us what it is.

Except @crypto_linn.

Remember what she said? ⬇️

"OH SHIT OH SHIT OH SHIT"

That's right.

I'm about to tell you my speculation that will make you go "OH SHIT" as well.

/3
Read 22 tweets
Jun 5, 2022
This thread might trigger some of our StepN 'woke' users in relation to the importance of $GST, so here goes nothing.

By now, virtually every StepN user has noticed the depreciating value of $GST.

But let's go back to the basics of the mechanics of $GST.

/1
"GST has unlimited supply..." and is burned in 5 different ways.

Shoe-minting, repair, level up, gems upgrade, and unlocking socket.

But perhaps more importantly, GST can also be converted into GMT, USDC or SOL/BNB in the in-app wallet.

/2


whitepaper.stepn.com/tokenomics/gst
Note: At nowhere in StepN's whitepaper does it explicitly refer to GST as a 'utility token'.

This is because the developers understands that it isn't "just a utility token".

GST has an inherent value which is reflected in its price.

/3


Read 17 tweets

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