Yield tokenization in a nutshell:
Pendle first wraps yield-bearing assets into standardized SY tokens, then splits the SY into principal tokens (PT) and yield tokens (YT).
After the split, choose what suits you: those seeking predictable returns can buy PT to lock in an interest rate, while those expecting yields to rise can buy YT for exposure to yield.
Before buying PT, check what the underlying asset is: if the underlying asset runs into problems or the contract has a vulnerability, the assets you can redeem at maturity may also be affected.
$PENDLE 1.588（-1.85%）
#PENDLE
Stay rational—don’t get carried away.
Pendle first wraps yield-bearing assets into standardized SY tokens, then splits the SY into principal tokens (PT) and yield tokens (YT).
After the split, choose what suits you: those seeking predictable returns can buy PT to lock in an interest rate, while those expecting yields to rise can buy YT for exposure to yield.
Before buying PT, check what the underlying asset is: if the underlying asset runs into problems or the contract has a vulnerability, the assets you can redeem at maturity may also be affected.
$PENDLE 1.588（-1.85%）
#PENDLE
Stay rational—don’t get carried away.
