Meh, can you make money just because a project announces an airdrop snapshot?
Here's the thing: yesterday, before the official announcement of the Yala airdrop, the official website had already opened the airdrop query portal, and it briefly went offline during the process.
Fortunately, I discovered it relatively early and mentioned it in the community.
Moreover, Yala's stablecoin YU has been listed on Pendle.
Due to Pendle's design, one PT + one YT = one complete YU, meaning: 1PT-YU + 1YT-YU = 1YU.
Announcing an airdrop usually implies a bearish outlook on future expected returns, so many friends sold off YT, causing YT to drop.
Thus, a drop in YT means an increase in PT.
Congratulations to those who didn't go out for lunch yesterday; you made some money again! 😭
Note: The above is for information sharing only and is not investment advice. Please do your own research!
DeFi enthusiast: BitHappy
一图胜千言！
图里生动的解释了，Pendle 是怎么运行的？如何利用 Pendle 赚钱？逻辑是什么？
很明显能发现，就是对利率涨跌进行博弈，也能发现它与交易的逻辑非常契合！
未来的 CEX/DEX，必有利率这一新板块，以 Pendle 目前在 Web3 利率衍生品赛道绝对的领头羊位置，未来必有 Pendle 的一席之地！
而且传统金融领域，Pendle 所处的利率衍生品赛道本就非常成熟。
上次认为利率交易会让催生新的交易所产品时，还不知道 Pendle 已经计划推出类似 DEX 的产品：Boros。
一旦成型，利用 Pendle 现有的优势，必将是头部产品(即使最后 Boros 没能成功，其他产品也需要利用 Pendle 提供的基础建设作为补充)。
不过我期待的更多，那就是未来 Pendle 拆分的 PT/YT 代币可以直接上线 CEX，打通链上和链下，形成全新的 DeFi + CeFi + DEX + CEX 的 TradFi。
不同于这段时间一直采取的套保挖矿或稳定币挖矿，我换了很多 DeFi 仓位到 $PENDLE 上，我赌他能行！
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Pendle 的核心目标是实现本息分离，它将能够产生收益的资产包装成 SY 代币，从而标准化这些生息代币。
接着，SY 代币可以被拆分成两部分：本金代币 PT 和收益代币 YT。通过 Pendle 的自动做市商（AMM）机制，用户可以轻松地交易这些代币，实现对利率的博弈。
本金代币 PT 就像是一个稳健的投资工具，它能帮助用户抵御市场的波动，锁定固定的收益。
PT 代币的价格通常低于原始资产的价格，这个差价就是用户可以获得的固定收益。购买 PT 代币的用户通常是对未来收益持谨慎态度的人，他们希望通过 PT 来锁定当前的收益率。
收益代币 YT 则是一个充满机会和风险的杠杆工具。
用户不需要投入大量资金购买完整的生息资产，只需持有 YT，就能享有本金所产生的收益权。
如果未来的收益下降，用户可能会面临亏损；但如果收益上升，用户将获得更高的回报。因此，用户可以根据自己对未来收益率的预测，灵活地选择增持或减持 YT 代币，抓住市场机会。
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