There’s no homework for this lesson, but the market may give you a pop quiz.
Today’s topic: yield tokenization
Before maturity, equal amounts of PT and YT can be combined to recover the original yield-bearing asset.
YT becomes worthless at maturity, so calculate how much yield you can earn over the remaining term before buying.
$PENDLE is the token of the yield tokenization protocol Pendle. Currently at 1.617.

Make your own decisions about when to enter and exit—don’t follow the crowd blindly.