Crypto trivia 📚 Yield tokenization
Pendle’s AMM is specifically designed for PT, taking into account how the price of PT converges toward its redemption value as maturity approaches.
Points from yield-bearing assets usually go to YT holders, while PT holders don’t receive any.
Me before: Place the order, then look into it. Me now: Understand the rules first.
$PENDLE is the native token of the yield-tokenization protocol Pendle.
#PENDLE
Whether to buy is up to you—I'm just sharing.
Pendle’s AMM is specifically designed for PT, taking into account how the price of PT converges toward its redemption value as maturity approaches.
Points from yield-bearing assets usually go to YT holders, while PT holders don’t receive any.
Me before: Place the order, then look into it. Me now: Understand the rules first.
$PENDLE is the native token of the yield-tokenization protocol Pendle.
#PENDLE
Whether to buy is up to you—I'm just sharing.