The markets are recovering and euphoria is returning. But always remember previous bear markets, black swan events such as Covid, war or an impending recession. It's important to take profits, because there will be market setbacks.But what to do with the profits if you don't want to gamble? Delta neutral strategies offer sustainable yield and also protect you against falling prices. With just one click, you will be able to use easyPI's 🥧 delta neutral strategy with $wBTC, $ETH, $Link and $USDC. Immutable code and as decentralized as it's possible on #Arbitrum. easyPI🥧is focusing on a launch before Christmas. Stay safe and stay tuned.

Are we back? ================= Ultrasound Money? 🦇 ================= $ETH is once again the deflationary, ultrasound money that it was always meant to be. Trades are happening in a flurry, gas has been on the rise, which means more fees, more rewards for the stakers. =================== Bigger Pies to Go Around🥧 =================== ETH staking% has surged to 23.8%, up from 21% earlier this year in August. Yes, the number of stakers around the ETH Staking Yield table may have increased, but despite this, yield has increased to 4.094% - the first time it's surpassed 4% since August. Thanks for to the rise in market activities, the rise in ETH Staking Yield has outpaced the dilution from more stakes and stakers. ==================== ETH Staking Yield Curve 🔮 ==================== Overall, it seems that the Pendle market is still expecting staking yield to trend down in the long run, with a spike between September and December 2024 . (Any major events come to mind around that period of time? 🤔) ================ Yield Opportunities 🌾 ================ With Underlying APY at ~4.1%, several Long Yield opportunities have opened up. In particular, wstETH (June 2024 maturity) on @Arbitrum offers the best value for YT out of all the other pools in terms of APY, with up to 17.71% of pure ETH yield. This of course depends on ETH Staking Yield maintaining at 4.094%. If you think that the gas and fee actions are able to sustain, then this is a chance to potentially earn some outsized yield rewards. Trading on Arbitrum pools also means you'll get to earn $ARB fee rebates too, which helps to offset your costs/increase your yield. On the other hand, if the low-risk return of Fixed APY is more your tune, then the wstETH pool (Sep 2024 maturity) on @optimismFND offers the highest Fixed APY for stETH at the moment. Alternative - simply provide liquidity for up to 15.2% Boosted APY on #Arbitrum, earning $ARB rewards at the same time. So anon, are you still pricing things in dollars or ETH? And what are you doing to stack more ETH? 🔗app.pendle.finance/trade/poo…