It's been a long time since we've seen an @ethena_labs PT breaking 15% APY. We now have PT-tUSDe at 15% APY AND a decent amount of time til maturity. That means HIGHER YIELD for LONGER... ...AND a suite of lending market integrations to boot. 👇
💡 Fixed Yield BABY Fixed yield to me means getting $1 in exchange for <$1. In the case of PT-tUSDe, I can pay $97,778 and get back $100,001. That's: 📌 $2,223 pure profit 📌 2.27% RoI in 58 days 📌 ~15.2% APY
⚒️ Leveraged Fixed Yield Baby @TermMaxFi lets me do something silly: 1. Deposit 100,001 PT-tUSDe 2. Borrow 88,292 USDC M interest cost is known upfront. That's: 📌 $1,638 interest paid 📌11.7% borrow APR Fixing both collateral yield AND borrow cost should be illegal lmao 🫧
♻️ Leveraged Variable Fixed Yield Baby For the variable rate enjoyers, make sure to check out @eulerfinance: 1. Deposit PT-tUSDe (earn fixed) 2. Borrow USDe (pay variable; currently 7% APY) 8.3% spread on every loop? That's literally FREE MONEY on the table for you boys.
They say a rising tide lifts all boats. The tide is PT-tUSDe Implied APY. The boat(s) is stablecoin rates on every lending market. You're welcome. Pendle
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