About yield tokenization:
YT holders receive the yield generated by the interest-bearing asset until maturity. After maturity, YT’s value drops to zero.
PT’s “fixed yield” comes with conditions: you must hold it until maturity, and the underlying asset must remain sound. If you sell before maturity, its price will also fluctuate with market interest rates.
$PENDLE 1.933（-1.07%）
#PENDLE
YT holders receive the yield generated by the interest-bearing asset until maturity. After maturity, YT’s value drops to zero.
PT’s “fixed yield” comes with conditions: you must hold it until maturity, and the underlying asset must remain sound. If you sell before maturity, its price will also fluctuate with market interest rates.
$PENDLE 1.933（-1.07%）
#PENDLE