@pendle_fi adjusts its focus based on market demand, paying more attention to the stablecoin sector. This article by @PendleIntern also lists Pendle's market share in various stablecoin markets (an average of 33.8%, with some projects exceeding 75%). The Pendle pool for $fxSAVE has also performed very well after being live for just one week. For project teams: * Pendle serves as a centralized venue for project teams to procure liquidity. Through efficient incentive voting, it provides $fxSAVE holders with a risk-free and higher-yielding scenario. * Ample liquidity and a yield rate strongly correlated with market volatility (the $fxSAVE yield mainly comes from protocol leverage demand) make YT-fxSAVE more engaging compared to traditional YT. Once the pool grows large enough, Pendle's YT/PT trading can generate significant trading revenue. This is comparable to the GLP that @ViNc2453 fondly remembers or buying VIX in the stock market when high volatility is expected. For individuals: 1. Seeking stability without making market judgments => Buy and become an LP, deposit into @Equilibriafi, @Penpiexyz_io, or @StakeDAOHQ to get boosters (a one-time operation for peace of mind and yield farming). 2. Strictly requiring fixed returns or having a need for recursive borrowing => Buy PT at the right time. 3. Short-term yield rate speculation => Buy YT low and sell high. Even if you don't buy low and sell high, holding YT long-term is profitable when YT is significantly undervalued compared to the underlying yield. This explains the numerous limit orders for YT bargains. Returning to $fxSAVE, the project team will continue efficient incentive voting, investing $1,000 in the first week and increasing to $2,000 in the second week. The incentive amount will be adjusted continuously based on the pool's LP yield performance. When you're uncertain about points and just want more guaranteed returns, When you need a new investment target after exiting a pool, You can consider the $fxSAVE pool. Currently, LP yields have a max APY > 20%. If you hold Pendle voting rights on @equilibriafi, @Penpiexyz_io, or @StakeDAOHQ, make sure to cast your vote for $fxSAVE.
Inch resting thing about Pendle TVL's composition is that it evolves with the market. $ETH -> $BTC -> Stablecoins (currently ~$2.2b TVL) This is the beauty of the Pendle sparkplug - as long as there is yield or narrative... ...we WILL find you and we WILL Pendiddle you.
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