The deleveraging event last weekend was a great stress test on the resilience of Ethena

Protocols are not adequately tested when funding is +60% and your taxi driver is retiring on $WIF, they are tested in moments like this

Some observations to clarify a few questions:

Like I said, new meta is in town

But also, why’d you have to front run intern Thlither 😠

Merhaba CT! After an incredible four years at Bixin Ventures, I'm thrilled to announce the next phase of my crypto journey - Pivot Global. I'm excited to embark on this new adventure alongside my partners AllenZ(hobo), Joyce, and 0xChaosWalking

Kickstarting Ethena x Pendle Season this week with an exciting one - ENA by Ethena Labs 🔥

Pendies can now earn 30x Sats/day with YT-ENA and LP.

Also yes, YT-ENA 𝒊𝒔 considered as part of the locked ENA requirement for +50% Sats boost 🧐

Feel like I already know the answer to this but gonna ask anyway -

WHO IS BUYING YT-STTAO TO 37% IMPLIED APY AND WHY?

-98.9% APY and it's selling like hot cakes 🤔

Also 37% Fixed APY for $TAO up for grabs, especially those diagnosed with @Binance-FOMO

The Pendle Print #12 is out (link in tweet below)

- New stTAO 27-JUN-24 pool by bittensor
- More USDe pools (Arbi + Zircuit)
- $ENA staking boost for YT-USDe
- New insurance cover by Quantstamp | We’re Hiring!
- Pendle vaults on yearn
- and more!

Please spread the Pendle love!

Like Pendle?
Enjoy autocompounding?
Fan of chilling?

Well you're in luck anon, new Yearn x Pendle Vaults are now live.

Discover them at yearn.fi/v3?categories=…

GM, Ethena Season continues on Pendle this week with more L2 expansions 💙

We've joined forces with our pals from Ethena Labs once more to sling USDe across the Etherverse 🕸️:

🔹USDe (@Arbitrum) | August 2024 maturity
🔹USDe (@ZircuitL2) | June 2024 maturity

We are now supporting weETH pools with Pendle PT tokens

1️⃣ weETH / PT-ezETH
2️⃣ weETH / PT-rsETH
3️⃣ weETH / PT-weETH

Earn EtherFi points, Eigen points, Gamma points, a fixed yield of 61-68% from Pendle and additional fees from LRT farmers in GammaSwap with minimal IL

'Can you set up a yield market for a Decentralised AI Network LST for me?'

'Sure, Pendle. Here's the LST for @Bittensor_ by Tensorplex Labs, stTAO. stTAO currently offers 14.8% APY natively and users can now secure better returns on your platform

Wewww this 9-fig legend woke up and just casually yeeted $35M into Renzo PT-ezETH on Ethereum

🔹 10,000 ETH in
🔹 10,182 ETH out
🔹 60% Fixed APY
🔹 +182 ETH / +$640k
🔹 All these in just freaking 14 days

When you're this loaded, Fixed Yield really is the way to go 👍🏻

Pendle is now a new DeFi major with $4B TVL and deposits are on the rise.

But a few realize Pendle is forming an ecosystem around its assets.

Now, let's explore some protocols that earn you more yields on Pendle.

🧵🧠

if you think about it, launching with points farming using yield-bearing assets and integrating with Pendle is a great way for protocols to do a presale

like the good old lockdrop days, but Pendle augments this and creates a market for literally everyone

user POV:
1. LP on…

50% boost in rewards = 2̵0̵x̵ 30x Sats/day per YT-USDe 👀

Note:
🔹1 YT-USDe = 1 USDe for the minimum $ENA requirement

🔹In LP's case, every 1 SY-USDe portion of LP position will be treated as 1 USDe for the minimum $ENA requirement

This goes largely unnoticed but many of the best performing coins this year have their team largely based in Singapore such as Jupiter, Altlayer, Pendle and Aevo.

There is also an incredible density of sophisticated liquid crypto investors in Singapore now.

🇸🇬Once again…

𝐒𝟏 𝐏𝐞𝐧𝐝𝐥𝐞𝐭𝐡𝐞𝐧𝐚 𝐢𝐬 𝐝𝐞𝐚𝐝, 𝐋𝐨𝐧𝐠 𝐥𝐢𝐯𝐞 𝐒𝟐!

What a lovely bunch of YT-(s)USDe winners, would be a shame if a new crop of Pendiddlers

PUT 👏 THESE 👏 FOOLS 👏 TO 👏 SHAME.

Time to recap Ethena's S1 and see how they won (HINT: they pressed the 🟢 button)

We've teamed up with Amber Group again to bring higher yields to their users. 🥳

Now clients can earn fixed rates on ETH through Pendle Earn with Amber Group.

Stay tuned for more integrations as we make DeFi yields simpler and more accessible. ⚡️

While I bought Pendle early on, I did stupidly pass on their first round.

I really liked the team and the product but, mentioned to TN | Pendle on a call that I was worried the product was too complex for most users, and that we'd not seen many teams figure out how to abstract…

Yield platform Pendle reaches $4 billion in TVL and $10 billion in trading volume theblock.co/post/286436/yi…

Wen more LRT on @Arbitrum?

Now more LRT on Arbitrum!

Welcoming 2 new additions to our Arbitrum lineup:

🔹 ether.fi eETH (June 2024 maturity)
🔹 Kelp DAO rsETH (June 2024 maturity)