@pendle_fi

Only in DeFi can you get >30% APY for TradFi. Let that sink in. https://t.co/Fdltxt69ZE

https://t.co/QfduHu5AWK

RWAfi means DeFi users have the opportunity to access TradFi yields for the first time. It ALSO means TradFi have the opportunity to multiply their yield through DeFi composability. Here's how @partnersgroup's NGI+ can access 3 mre layers of yield (up to 100% APR) on Pendle 👇 https://t.co/xaisRg91IL

Pendle is now operating at unprecedented efficiency. Emission is down 93% YTD. For every 1 $PENDLE we spend, 10.4 $PENDLE gets bought back from the open market. All this while, liquidity depth has grown ~40%. https://t.co/0ciWwPIGxH

We've adjusted PT looping fees to be dynamic, auto-adjusted to ~10% of your loop APY, capped at 10bps. This means fees scale down closer to maturity, and lower APY loops pay a much smaller fee than before. TL;DR less fees for short-dated & lower APY loops, more profitable