After counting the YT strategy in the second quarter of @ResolvLabs, the current YT strategy on Pendle corresponds to the $RESOLV FDV valuation in the range of $300~400M.
Considering that FDV crit, some YT has a profit and loss ratio, but it is not much, after all, the possibility of the follow-up team going crazy and giving 60x points to the new pool also exists.
BTW, the funding rate has picked up recently, and Resolv TVL has rebounded, hoping to add some valuation to TGE in a month...
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