Trading Notes | Yield Tokenization
① Points attached to yield-bearing assets usually go to YT holders, while PT holders receive none.
② Before maturity, equal amounts of PT and YT can be combined to recover the original yield-bearing asset.
③ The implied yield shown on the page is simply a rate calculated from market trading prices, not a yield promised by the protocol.
$PENDLE 2.01(-1.62%)

#PENDLE