Keep these points about yield tokenization in mind:
1) After maturity, PT can be redeemed 1:1 for the corresponding denomination asset. Before maturity, it generally trades at a discount.
2) YT holders continuously receive the yield generated by the yield-bearing asset before maturity. After maturity, YT becomes worthless.
3) Since YT becomes worthless at maturity, calculate how much yield you can earn over the remaining term before buying.
$PENDLE is the native token of the yield-tokenization protocol Pendle.
Do your own research before placing an order.
1) After maturity, PT can be redeemed 1:1 for the corresponding denomination asset. Before maturity, it generally trades at a discount.
2) YT holders continuously receive the yield generated by the yield-bearing asset before maturity. After maturity, YT becomes worthless.
3) Since YT becomes worthless at maturity, calculate how much yield you can earn over the remaining term before buying.
$PENDLE is the native token of the yield-tokenization protocol Pendle.
Do your own research before placing an order.