Comparing the 3 Pendle Pools on Pendle
The USDF/yvBal-GHO-USDf pool has been added to @pendle_fi , following the existing sUSDf on @FalconStable , and here's the comparison
1. sUSDf YT / LP
- Maturity on Sep 25th (74 days left)
- Price 0.0243. 41.17x Multiplier
- 36x Miles allocation
- Earns sUSDf interest (currently 9.74%)
- Earns 109675 Miles points per $1 & 81% principle return ratio at maturity
* Only if current APY of sUSDf, 9.74%, is maintained
2. USDf YT / LP
- Maturity on Jan 29th, 2026 (200 days left)
- Price 0.0425. 25.53x Multiplier
- 60x Miles allocation
- No Underlying APY (own interest) = no return of principle at maturity
- Earns 197647 points per $1 at maturity
3. yvBal-GHO-USDf YT / LP
- GHO-USDf LP by Balancer, managed by Yearn
- Maturity on Jan 29th, 2026 (200 days left)
- Price 0.0320. 31.23x Multiplier
- 60x Miles allocation
- GHO-USDf's Swap Fee / BAL Rewards / GHO Rewards, etc. currently yields ~10.25%, but Pendle's Underlying APY appears to be Fee only (to be confirmed)
- Earns 262336 points per $1 / 18% principle return ratio at maturity
The effectiveness will depend on the timing of the TGE, but if it's at the end of Q3, sUSDf is the winner as far as principle return ratio is concerned
However, yvBal-GHO-USDf is the winner in any case as it can return 175% of the principal at maturity if it can earn BAL/GHO rewards.
Falcon Pagu's code
1. give 15% to Pagu:
2. give 4.5% to Pagu and get 10.5% bonus for yourself:
3. 7.5% for Pagu / 7.5% bonus for yourself, 50/50:
3.09K
6
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.