Monthly Pendle lottery day
🎁 This month's reward is about 4000u; annualized to 2.3%, APR 28%
This time the voting strategy wasn't good, resulting in a lower reward than last time.
I should have just mindlessly voted for these two popular projects, Ethena/Falcon 🥲
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↳↳ But do you think Pendle only has an annualized APR of 28%? Is that all?
No, there’s a big trick: Mega Drop airdrop.
Last December, there was a Mega Drop airdrop totaling $6.9M.
#我記得也是好幾千u
According to V @ViNc2453,
In Q4, $ENA + $FF is estimated to have a $16.5M Mega airdrop for vePendle holders!!
Reasons for the Mega Drop
Pendle's YT takes a 5% cut, which is converted into $ENA and $FF tokens airdropped to vePendle/ePendle/mPendle holders.
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↳↳ Do you think there’s only the Mega Drop?
No, did you know....
Hyperliquid has quite a few ecosystem projects listed on Pendle, with astonishing trading volume.
In future airdrops, vePendle holders can also get a share... this..🤔
#pendle
Last month, Pendle gave me 5000u in dividends (1700+2900+300)
This is the most I've ever received; and there will be even more in August, looking forward to it!!
Additionally, with Pendle's price increase, the returns have already skyrocketed.
Pendle's TVL just crossed the 10b mark, ranking seventh in the protocol.
In the future, the number of stablecoins will rise rapidly, and the growth potential of Pendle, which is linked to stablecoins, is undeniable.
///
To be honest, with ETH skyrocketing now, stable returns may not attract most people.
However, Pendle has three buffs that keep attracting me:
1. Dividends that withstand bull and bear markets.
2. Returns that grow with the increase of stablecoins (TVL & dividends are expected to hit new highs in August).
3. The growth potential of the Boros funding rate platform.
✅ This kind of high growth + continuous stable dividends = true happiness!!
Without speculative psychology, the coin price won't fluctuate wildly, just steady growth.
Very reassuring!!
The sense of security in cryptocurrency is super important!!
Since January this year, I've been posting my monthly dividend earnings.
Every month, the dividends I receive often exceed expectations, and the returns are enough to support household expenses.
$Pendle is definitely still undervalued, the future leader of DeFi!!
✅ To quote a friend, Pendle is definitely the best case study for explaining DeFi to investors outside the circle.
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