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Real yield stable currency, not points!
@pendle_fi welcomes @protocol_fx's $fxSAVE today
fxSAVE = "fxUSD stability pool" (SP) with automatic compounding
The underlying income comes from:
🔹Collateral: stETH interest (boosted)
🔹F(x) leverage trading platform transaction fee dividends🔹Emission rewards$FXN
YT: Betting on the increase of underlying annualized rate (platform transaction fee)
PT: Fixed stablecoin annualization with tutorials🧵
$fxSAVE …
✅Full collateral: stETH + WBTC
✅Real real yield: Commission from @protocol_fx leverage long(xPosition) + Ethereum PoS staking interest - 8% annualized in a sluggish market, and 40+% annualized when the market is booming✅Non-Trader counterparty, trader long leverage comes from the underlying assets; the stabilization pool function is just to strengthen the peg
✅Peg works well
Learn more about $fxSAVE:
x.com/ViNc2453/status/19090614...
fxSAVE = "fxUSD Stability Pool" with automatic compounding
More details about @protocol_fx and $fxUSD Stability Pool:
x.com/ViNc2453/status/18751043...
❓How to get LP APY acceleration (boost)? How much vePENDLE do I need to get how much boost?
👉 t.me/PendleFinance_CN/32/23620...
❓What is Keep YT mode when saving LP?
👉 x.com/ViNc2453/status/18950342...
❓Does PT or LP have to be held until maturity? What happens if you exit before maturity?
✅You can exit at any time
✅But PT or LP held until maturity guarantees at least principal preservation (zero IL)
🔹If you exit before maturity, you may earn more or less depending on the current market price. You may also lose money if the holding time is too short or in extreme market conditions. You can regard it as IL. But "time" is the key to PT and LP.
❓What will be redeemed when PT expires?
👉1 PT-fxSAVE expires = 1 fxSP, and is returned in the form of fxSAVE of corresponding value (1 fxSP = 1 fxUSD stable pool unit, which is 1u under normal circumstances)
❓Why is 1 PT not returned as 1 fxSAVE?
❓Can I see from the interface what PT will be redeemed when it expires?
👉
❓How to exchange to fxSAVE or fxSP?
👉 No need to exchange by yourself. You can use any token Zap in Pendle, for example, buy it with USDC.
Pendle has a built-in super DEX aggregator. Whether you want to buy PT/YT/LP, you can use it directly in the Pendle interface. Just Zap in any token. Pendle will automatically find the most optimized exchange path.
❓Other newbie questions/FAQ (90% of the answers are here)
PT 👉 t.me/PendleFinance_CN/32/10510...
YT 👉 t.me/PendleFinance_CN/32/10362...
LP 👉 t.me/PendleFinance_CN/32/10530...
Summary: @pendle_fi x $fxSAVE Pool - Real yield stable currency, non-points 😘
🧠Buy YT when the market long sentiment rises, betting on the increase in the underlying annualized rate (platform transaction fee) 💰In the opposite market or when pursuing stable returns, buy PT to lock in a fixed stablecoin annualized rate 😗LP: For the median of the underlying annualized rate of fxSAVE, dig $PENDLE Reward + Pendle pool transaction fee
(Currently during the first mining period, max LP annualized> 50%)
🙏🔚

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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