There's now almost $200M in tokenized
$STRC on Ethereum, and close to $100M trading on
@pendle_fi.
We can lock in a fixed yield with
@apyx_fi and
@saturn_credit by swapping for these PTs on Pendle:
PT-USDat = 7.85% for 134 days
PT-sUSDat = 13.05% for 134 days
PT-apxUSD = 14.39% for 64 days
PT-apyUSD = 14% for 64 days
π
app.pendle.finance/trade/marβ¦
Reminder: Unless YT bidding goes sky high shortly after buying a PT, these PTs should gradually and steadily appreciate in price through maturity, meaning most days anyone can easily swap out of PTs before maturity without losing money. But, there is always a chance a surge in YT buying or someone dumps a ton of PTs and in that case, the PT holder would be smart to hold longer and potentially until maturity to exit in profits.