Pendle Intern
Pendle Intern
Yield farming doesn't have to be risky, not with PT flipping the entire "you are the yield" narrative on its head > fixed yield > more than t-bill rate > 6%-30% for stables depending on your contract risk appetite (underlying protocol) > question of sustainability turns into certainty And if you really must know where the yield comes from: It's from you sacrificing the yield + airdrop upside in return for locking in a fixed yield. Counterparty (i.e. YT buyers/PT sellers) takes the other side of the trade hoping future yield + airdrops end up being worth more than the current price of PTs.
chud.eth (Plasma KOL)
chud.eth (Plasma KOL)
yield farming is way too risky for the reward you get. if you are being paid more than t-bill rate then you are the yield you just don't know it. there's a reason luna collapsed after paying 20% APR on stables. stop falling for 10+% APR, it's not sustainable.
Sourced fromtwitter
12.06K
58
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.