The newly launched @TimeswapLabs x @Penpiexyz_io $mPendle collateralized lending pool is very favorable for Borrowers.

2/ The latest mPendle:Pendle exchange rate is around 0.27 and the pool exercise price is 0.23 Pledge mPendle to Timeswap and borrow $PENDLE It is equivalent to setting a stop loss at 0.23, and the maximum loss is 0.04 But the upside is far more than 0.04 There are more than 3 months for @Penpiexyz_io to buy back and pull up the exchange rate

3/ The current borrowing cost is only about 0.6% But at the same time, the pool provides $TIME + $PNP rewards to Borrow So the total amount of borrowing is currently close to 300% APR ~~ Another strategy is to lend to the pool $PENDLE Currently, the mining reward is more than 400% APR But note that if mPendle falls below 0.23 when it expires, you have to "take over" mPendle The reward APR will decrease over time Those who are not optimistic about mPendle should not touch DYOR 🔚🙏