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 👇 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.

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.
🧵👇 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.

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 @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

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