Knowledge Notes | Yield Tokenization
① Points from yield-bearing assets usually go to YT holders; PT holders don't receive them.
② The discount on PT is equivalent to the fixed return you can earn by holding it to maturity. Annualized, this is the implied yield.
③ YT expires worthless at maturity, so calculate how much yield you can earn over the remaining term before buying.
$PENDLE 2.181（+4.6%）
#PENDLE
① Points from yield-bearing assets usually go to YT holders; PT holders don't receive them.
② The discount on PT is equivalent to the fixed return you can earn by holding it to maturity. Annualized, this is the implied yield.
③ YT expires worthless at maturity, so calculate how much yield you can earn over the remaining term before buying.
$PENDLE 2.181（+4.6%）
#PENDLE
