Pendle protocol money-making methods you don't know about, the last one earns more than the contract💰🚀
1. Lock vePENDLE🔒
Difficulty: ★⭐
Suitable for large capital users💼💸
Income sources:
YT interest income commission (3%)💲
Voting pool transaction fees (80%)💰
External bribes obtained by pool voting🗳️💵
LP deposit APR multiplier (up to 2.5 times)📈
Features:
The income is usually around 5%, obtained in $ETH🤑
Single currency strategy, no impermanent loss🔒
How to operate:
Lock vePENDLE on the Pendle official website, check the yield and lock time🕒🔒.
2. Provide liquidity (LP)💧
Difficulty: ★★⭐
Income source:
Mining reward $PENDLE💎
Interest on underlying assets📈
Additional LP rewards, such as $mpendle, etc. (depending on the underlying pool)🎁
Features:
Mining rewards⛏️
No impermanent loss if held to maturity🕰️
How to operate:
Deposit assets such as GLP, gDAI, stETH into Pendle's LP pool and enter through the Zap function⚡💰.
3. Buy principal tokens (PT)💵
Difficulty: ★⭐
Income source:
Fixed interest income💲
Features:
Low risk🛡️
Fixed income, suitable for long-term investors📈
How to operate:
Buy discounted PT on Pendle and hold it until maturity to redeem the underlying native assets at 1:1💵🕰️.
4. Buy and hold interest tokens (YT)📈
Difficulty: ★★★★⭐
Income source:
Floating interest income of underlying assets📉📈
Point income of some lrt assets🪙
Features:
High risk⚠️, YT value returns to zero on the expiration date⏳0️⃣
High leverage effect, high capital efficiency🚀
How to operate:
Buy YT on Pendle and hold it to earn interest income💰.
5. Short-term speculation of YT📊
Difficulty: ★★★★★⭐
Income source:
Profit through the difference between buying high and selling low📈💰📉
Features:
High risk⚠️, need to have a strong judgment on the market trend🧠
How to operate:
Take advantage of YT price fluctuations and earn income through short-term operations📊📈.
Don't just hold tokens. Some people spend their time working 24 hours a day to make money, while others spend their time sleeping in!Make your pendle move!
