A total of 1,124 ETH has been distributed to vePENDLE holders as voting rewards for the month of April Gentle reminder to vePENDLE holders to check and claim rewards from your veDashboard at https://t.co/kksw7XCoe3 💙
You know those crazy fixed yield loopers on @SiloFinance? The ones who are driving up them ETH yield in PT Silos? Here's your chance to get a piece of the action yourself: 🔹 sETH ( @RenzoProtocol PT-ezETH Silo) 🔹 sETH ( @ether_fi PT-eETH Silo) Now live on Pendle @Arbitrum 💙
With sETH on Pendle, Pendies will be able to bolster ETH liquidity to these Silos, servicing the high, recursive borrowing demand from PT-ezETH/PT-eETH depositors. Yield (i.e. borrow APY) for your trouble, 𝘱𝘭𝘶𝘴 ETHFI points on top for sETH (PT-eETH Silo)... https://t.co/9FXVfh4vCR
Quick overview of @EigenLayer Airdrop: Before 15 March 2024 • $EIGEN for Phase 2 users will be displayed at a later date (TBC) • Season 1 tokens are still non-transferrable so for all intents and purposes, Phase 1 and Phase 2 claim dates are inconsequential After 15 March 2024 • There is 10% of total $EIGEN supply remaining for any subsequent seasons • YT and LP are still working as they should, and any points accrued by Pendle users after 15 March 2024 will contribute to subsequent season(s) of $EIGEN
Time to keep the yield ball rolling 🎉 LPs from the recently matured pools can now extend your yield streak with some of our new long-dated pools: 1. @RenzoProtocol ezETH (Dec 2024) - 31% Boosted APY 2. @Ether_fi eETH (Dec 2024) - 32% Boosted APY 3. @KelpDAO rsETH (Jun 2024) - 30% Boosted APY How to migrate? If you have existing liquidity still in the matured pools, follow the guide at https://twitter.com/pendle_fi/status/1782757457108037971 to redeem/withdraw. LRT Bridging To bridge assets between Ethereum <> Arbitrum: 1. Renzo ezETH - https://bridge.connext.network/EZETH-from-ethereum-to-arbitrum 2. EtherFi eETH - https://bridge.arbitrum.io/?destinationChain=arbitrum-one&sourceChain=ethereum 3. KelpDAO rsETH - https://bridge.kelpdao.xyz/ With Season 1/Season 2 of LRT airdrops + @EigenLayer points + future AVS rewards in play, user activity is shifting over to the June/December maturity pools. For PT in particular, the long-dated December pools are offering up to 17-18% in absolute returns upon maturity, and should appeal to whales on the hunt for fixed yield to grow their ETH stack.
Ethena x Pendle Season continues ~ New sUSDe pool (25 July 2024 maturity) with 20x Sats/day 𝙥𝙡𝙪𝙨 USDe staking yield 👀 LPs in the soon-to-mature sUSDe pool (25 April 2024) now have the chance to rollover your yield streak to earn more Sats at an even higher rate 👇🏻
For those unfamiliar with sUSDe, yield is composed of 2 elements: 🔹 20x Sats/day (vs. 2x Sats for naked sUSDe) 🔹 Funding rate from $ETH shorts (~11.6% APY now) YT-sUSDe is essentially equivalent to "long positive funding", while PT-sUSDe provides the sanctuary of Fixed APY