Up to 200% return on investment! The ultimate super detailed guide to Pendle points in 2024 - explain how to get as many points as possible
The single investment return of mining points has reached more than 200%. There are still many opportunities nowadays. In order to participate better, please read the following article to learn how to mine more points. Don't worry about not understanding it. Leave a message in the comment area at any time and I will answer your questions online. It is the summer of pendle points. You can get amazing points by using yt to get high leverage points to get airdrops. But you may find that as the expiration date of yt approaches, the leverage multiples you get will be larger, but correspondingly, the time you can get points before the snapshot will be shorter. It is like running in the rain without an umbrella. Although you get more rain every second, you can reach your destination faster.
He used to be an advisor to the French president, and now he is "entering" Binance by issuing stablecoin Usual
Original source: Deep Tide
Reprinted: Koala, Mars Finance
After more than a month, Binance's new Lanchpool is finally here. However, unlike what many people expected, Usual was not that popular this time, and many old investors, including the author, missed out.
The reason is that Usual is issuing stablecoins, and many old investors will consciously associate it with the popular stablecoin in the last bull market. Whenever they hear these two words, they will think of the crash. To this day, I still remember that I spent hundreds of U of gas to buy stablecoin, and then nothing happened.
Interpretation of Binance Launchpool’s new project Usual: Innovation combining RWA with stablecoins
Original source: Asher, Odaily Planet Daily
Reprinted: Koala, Mars Finance
Binance announced that it will launch the 61st project Usual (USUAL) on Launchpool at 18:00 Beijing time on November 19, and start pre-market trading. Users can lock BNB and FDUSD to participate in mining, and the mining period is from 00:00 on November 15 to 8:59 on November 19, 2024, Beijing time. As soon as the news came out, the price of BNB once hit $660 in the short term, and temporarily reported $648, with a 24-hour increase of more than 6%.
Below, we will take you to learn about Binance Launchpool’s latest project Usual and its token economic model.
$PENDLE btc lrt will promote the TVL of pendle to explode Considering the correlation between tvl and coin price, as well as the current price You can buy some spot, don't buy contracts
[Step-by-step tutorial] Lock up Pendle to earn voting income
The introduction and details of vePendle are compiled from the post published by Pendle Ambassador Vinc in the Pendle Chinese Community Essence Area. Welcome to exchange and learn. Many friends asked me today: Labrin, how to lock up Pendle? My Pendle costs a few tenths of a pendle, and it has been idle since last year. Me: Huh? Then you missed out on: Pendle Rush event, pendle lock voting income... The income from these opportunities basically paid off. 🤣 But it doesn’t matter, today’s tutorial will teach you how to lock up Pendle step by step and get benefits. Before reading this tutorial, please consider whether this strategy is suitable for you:
‼ ️Idle $PENDLE is a waste of your funds‼ ️‼ ️‼ ️ Pendle investors, please do not idle your pendle, lock the position on the chain to get voting income and lp incentives, an average of 70% annualized!
The on-chain wealth secret of the Pendle protocol: a way to easily earn far more than holding coins, and the last one is even more profitable! 💰🚀
In the cryptocurrency world, many investors are accustomed to simply holding tokens on trading platforms, hoping that the market price will rise. However, this passive way of holding coins often misses more potential profit opportunities. The Pendle protocol provides investors with a more active strategy, allowing them to obtain higher returns not only by holding tokens, but also by utilizing various mechanisms in the protocol. What is Pendle? Pendle is a decentralized finance (DeFi) protocol that focuses on the fixed income and interest rate swap markets. Through Pendle, users can split interest-bearing assets into two separate parts: principal tokens (PT) and interest tokens (YT). This design allows users to flexibly operate under different interest rates and market conditions to maximize returns.
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!
How I got 800% return in three months through the Pendle protocol 🚀
In the past three months, I successfully got 800% return through $PENDLE . The following are my specific steps and several important opportunities, hoping to provide some valuable reference for everyone.
The first opportunity: EtherFi 🌟
On Pendle, I chose YT-weETH in the corresponding pool of etherfi for investment. My purpose is to obtain points and choose to buy when the price is low. In the end, I got 2.5 times the return at the time of the airdrop. At that time, I bought ETH at about $2,200 and sold YT-weETH when the ETH price rose to $4,000, which was equivalent to almost no cost for my investment. 💰
The second opportunity: Ethena 🚀
In Pendle's ethena pool, I bought YT-USDE. Similarly, I chose to buy YT at a lower price at the right time. As a result, I got a return of three times the cost at the time of the airdrop. 📈
The third opportunity: Renzo pool 🌐
Through Pendle's Renzo pool, I bought YT and received tokens during the airdrop, earning about 1.5 times the cost. 💵
The fourth opportunity: Equilibrium ecosystem 🌿
I also participated in the Equilibrium vote of the Pendle ecosystem, with a total cost of about $20,000. At present, I have accumulated about $6,000 to $7,000 in profits. 💎
Since some funds overlap in multiple opportunities, overall, my returns in these three months are about 8 times. 📊
Through the above experience, I found that Pendle provides a wealth of on-chain investment opportunities, especially by reasonably choosing the purchase time and participating in the ecosystem voting, which can significantly increase the rate of return. I hope these experiences can provide some ideas and references for everyone when investing. 🌟📈💰
Do you understand the principle of pendle? (sy pt yt) If you see this post and complete the selection, you will help me better serve the community😁This is a public welfare cause
Pendle is suitable for holding spot, with a current cost of 5-6 and a firm foundation. The current TVL of the protocol exceeds Uniswap, and the coin price is far lower than the actual valuation.
Even considering that Restake has divided part of the valuation, the current valuation of the coin is around 15, which is reasonable.