RWA yields on Pendle Update
It started to get interesting again with two new assets:
➡ 1. PT apyUSD (13.2% fixed APY) from @apyx_fi
I call it "STRC stablecoin" I was trying to find a proxy to access STRC yield onchain, this is it.
apyUSD is basically backed by STRC from @Strategy (backed by BTC + gives about 11.5% APR to holders). The yield and collateral source are clear.
However, it still lacks clarity. There is a official dashboard but no auditor/entity verifying the data. But I can see constant inflow into this pool (now $43M TVL)
LP also gives 19% APR + points.
➡ 2. USDG LP (16.57% APR) from @Paxos
This pool is currently incentivized with $150,000 in rewards distributed over a 5-week duration.
USDG (Global Dollar) is a stablecoin issued by Paxos Digital + backed by high-quality liquid assets, primarily short-term U.S. T-Bills and dollar deposits.
This USDG option feel safe to me.
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DeFi feels better now. Have we passed the winter bottom? Idk but will stay here being a poor farmer 🫡.
Not a sponsored post. Everything is based on my own research.

pendle
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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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