It is recommended to use limit orders to buy from @pendle_fi: sell
I have sold the sUSDf YT order expiring in September for @FalconStable and switched to buying the sUSDf YT order expiring in January.
🔷 My logic is as follows:
If you participated earlier, the ratio of points accumulated to the loss in value of YT assets is significantly higher than in the upcoming period. In the coming days, as the September pool approaches expiration, the doomsday YT effect will gradually become apparent, and the implied APY is expected to continue rising. At this time, transferring funds to pools with longer durations will yield better cost-effectiveness.
🔷 Core reasons:
1. Based on past experiences with stablecoin projects, Falcon may also have specific requirements for holding sUSDf in the future, and YT is a high cost-effective choice to meet this requirement.
2. YT assets that show high returns after the first quarter TGE often trigger FOMO in the market in the second quarter (for example: Etherfi's implied APY skyrocketing in the second quarter, and Ethena's Pendle pool reaching an astonishing implied APY of over 300% in the second quarter).
🔺 NFA DYOR 🔺
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