Study Notes | Yield Tokenization
① Pendle’s AMM is designed specifically for PT, taking into account how the price of PT converges toward its redemption value as maturity approaches.
② YT holders continuously receive the yield generated by yield-bearing assets until maturity. After maturity, YT’s value drops to zero.
③ Since YT’s value drops to zero at maturity, estimate how much yield you can earn over the remaining term before buying.
$PENDLE 2.114 (+1.2%)
This article is for informational purposes only and does not constitute investment advice.
① Pendle’s AMM is designed specifically for PT, taking into account how the price of PT converges toward its redemption value as maturity approaches.
② YT holders continuously receive the yield generated by yield-bearing assets until maturity. After maturity, YT’s value drops to zero.
③ Since YT’s value drops to zero at maturity, estimate how much yield you can earn over the remaining term before buying.
$PENDLE 2.114 (+1.2%)
This article is for informational purposes only and does not constitute investment advice.