Pendle transforms a single yield source into three unique opportunities - PTs for fixed yield, YTs for leveraged yield, and LPs for boosted yield. This allows every user to define their strategies for a specific yield preference, be it certainty, speculation or optimization. M1 Capital, a leading digital asset hedgefund, is unique amongst institutional circles for their comprehensive usage of the Pendle suite: - With PTs, they receive a fixed yield asset that can be leveraged on money markets. - With YTs, they trade short-term yield fluctuations as part of their active strategy. - With LPs, they access more yield than the underlying asset alone. By accessing every facet of yield unlocked by Pendle, M1 Capital creates value by identifying inefficiencies that other miss. 𝐀𝐛𝐨𝐮𝐭 @M1Capital_ M1 Capital is an Amsterdan-based digital asset hedgefund with over $110m AUM. Their collection of market neutral funds utilize blue-chip protocols such as Pendle to provide competitive returns to over 100 investors.