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Aegis.imHow to Loop PT-sYUSD on TermMax
This guide explains how users can loop PT-sYUSD on TermMax to amplify fixed yield until December 18. It covers every required step, explains why this strategy is attractive in current market conditions and the associated risks.What are Pendle PTsPendle splits yield-bearing assets into two components:PT (principal token)YT (yield token)PT represents the principal value that is redeemed at maturity. When users buy PT at a discount and hold until maturity, they lock in a fixed yield. This create...
Aegis.imComplete Guide: Using Aegis sYUSD Pool on Pendle Finance
Complete Guide: Using Aegis sYUSD Pool on Pendle FinanceAegis has launched its new sYUSD pool on Pendle Finance, giving users three powerful ways to optimize their yield:Lock in fixed rates with PT-sYUSDLeverage yield and points exposure with YT-sYUSDProvide liquidity to earn multiple revenue streams.This guide will walk you through everything you need to know to get started.Strategy 1: Lock in Fixed Yield with PT-sYUSDBest for: Users who want guaranteed returns and don't mind giving up ...
Aegis.imAegis: Rethinking Stablecoin Yield
As crypto markets evolve, DeFi protocols continue to explore new methods of delivering yield while minimizing user risk. One of the most widely adopted strategies is delta-neutral yield earning, where a long spot position is hedged with a short perpetual futures position. Although many protocols use this structure, not all implementations are equally safe. At Aegis, we’ve made a deliberate choice that sets us apart. We use COIN-Margined (COIN-M) futures instead of the more commonly used USD-M...
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Aegis.imHow to Loop PT-sYUSD on TermMax
This guide explains how users can loop PT-sYUSD on TermMax to amplify fixed yield until December 18. It covers every required step, explains why this strategy is attractive in current market conditions and the associated risks.What are Pendle PTsPendle splits yield-bearing assets into two components:PT (principal token)YT (yield token)PT represents the principal value that is redeemed at maturity. When users buy PT at a discount and hold until maturity, they lock in a fixed yield. This create...
Aegis.imComplete Guide: Using Aegis sYUSD Pool on Pendle Finance
Complete Guide: Using Aegis sYUSD Pool on Pendle FinanceAegis has launched its new sYUSD pool on Pendle Finance, giving users three powerful ways to optimize their yield:Lock in fixed rates with PT-sYUSDLeverage yield and points exposure with YT-sYUSDProvide liquidity to earn multiple revenue streams.This guide will walk you through everything you need to know to get started.Strategy 1: Lock in Fixed Yield with PT-sYUSDBest for: Users who want guaranteed returns and don't mind giving up ...
Aegis.imAegis: Rethinking Stablecoin Yield
As crypto markets evolve, DeFi protocols continue to explore new methods of delivering yield while minimizing user risk. One of the most widely adopted strategies is delta-neutral yield earning, where a long spot position is hedged with a short perpetual futures position. Although many protocols use this structure, not all implementations are equally safe. At Aegis, we’ve made a deliberate choice that sets us apart. We use COIN-Margined (COIN-M) futures instead of the more commonly used USD-M...
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The Aegis ecosystem continues to expand its yield opportunities, and one of the most flexible ways to deploy capital is through Pendle. In this guide, we explain what YT-sYUSD tokens are and how you can acquire them to participate in Aegis yield strategies.
Pendle is a DeFi protocol that enables users to tokenize and trade yield-bearing assets. By splitting a yield-bearing token into two components: a Principal Token (PT) representing the underlying asset, and a Yield Token (YT) representing the rights to future yield. Pendle allows users to access more advanced and flexible yield strategies.
A YT-sYUSD token represents the right to claim the yield generated by 1 sYUSD up until Dec 8. In addition to yield, each YT-sYUSD token accrues Aegis Points at a rate of 75 points per day per 1 YT. This means that holding YT-sYUSD provides both financial returns and protocol incentives, making it a dual-yield strategy.
Effectively, purchasing YT-sYUSD allows you to gain leveraged exposure to sYUSD yield and points accumulation, separate from holding the underlying principal token.
To purchase YT-sYUSD on Pendle, follow these steps:
1) Go to the Pendle Swap Interface: Pendle YT-sYUSD Market
2) Select the Amount: Input the amount of assets you want to spend to purchase YT tokens. For precision and price protection, it is recommended to use limit orders.
3) Confirm and Execute: Review the transaction details, including slippage and gas fees, then confirm the swap through your connected wallet.
Once the transaction is confirmed, your YT-sYUSD tokens will appear in your wallet, accruing both yield and Aegis Points.
YT tokens are tradable before they expire. This allows users to:
Lock in profits: If the market value of YT-sYUSD increases due to rising sYUSD yield or demand for points, you can sell at a premium.
Manage risk: Users can exit YT positions to reduce exposure to declining yield or market volatility.
Engage in secondary trading: YT tokens can be swapped on Pendle’s AMM, allowing active traders to optimize returns dynamically.
This trading flexibility makes YT tokens not only a yield accrual tool but also a potential source of short-term trading gains.
Expiry Risk: YT tokens are time-bound and will expire at the end of the yield period. After expiry, the tokens have no remaining value.
Market and Price Risk: YT prices fluctuate based on market demand and the underlying yield of sYUSD.
Leveraged Exposure: Holding YT-sYUSD provides leveraged exposure to both yield and Aegis Points. Gains are amplified, but losses are also magnified if token prices move unfavorably.
Smart Contract Risk: Pendle interacts with multiple protocols and contracts. Users should always exercise caution and consider the risks of protocol failure or bugs.
YT-sYUSD tokens offer a powerful way to access Aegis yield while earning additional points for protocol participation. By understanding the mechanics, using limit orders, and carefully considering risks, users can leverage Pendle to optimize capital deployment and engage deeply with the Aegis ecosystem.
Disclaimer:* This article is for informational purposes only and does not constitute financial, investment, or trading advice. Users should conduct their own research and consider their risk tolerance before engaging with YT-sYUSD tokens or any other financial products.*
The Aegis ecosystem continues to expand its yield opportunities, and one of the most flexible ways to deploy capital is through Pendle. In this guide, we explain what YT-sYUSD tokens are and how you can acquire them to participate in Aegis yield strategies.
Pendle is a DeFi protocol that enables users to tokenize and trade yield-bearing assets. By splitting a yield-bearing token into two components: a Principal Token (PT) representing the underlying asset, and a Yield Token (YT) representing the rights to future yield. Pendle allows users to access more advanced and flexible yield strategies.
A YT-sYUSD token represents the right to claim the yield generated by 1 sYUSD up until Dec 8. In addition to yield, each YT-sYUSD token accrues Aegis Points at a rate of 75 points per day per 1 YT. This means that holding YT-sYUSD provides both financial returns and protocol incentives, making it a dual-yield strategy.
Effectively, purchasing YT-sYUSD allows you to gain leveraged exposure to sYUSD yield and points accumulation, separate from holding the underlying principal token.
To purchase YT-sYUSD on Pendle, follow these steps:
1) Go to the Pendle Swap Interface: Pendle YT-sYUSD Market
2) Select the Amount: Input the amount of assets you want to spend to purchase YT tokens. For precision and price protection, it is recommended to use limit orders.
3) Confirm and Execute: Review the transaction details, including slippage and gas fees, then confirm the swap through your connected wallet.
Once the transaction is confirmed, your YT-sYUSD tokens will appear in your wallet, accruing both yield and Aegis Points.
YT tokens are tradable before they expire. This allows users to:
Lock in profits: If the market value of YT-sYUSD increases due to rising sYUSD yield or demand for points, you can sell at a premium.
Manage risk: Users can exit YT positions to reduce exposure to declining yield or market volatility.
Engage in secondary trading: YT tokens can be swapped on Pendle’s AMM, allowing active traders to optimize returns dynamically.
This trading flexibility makes YT tokens not only a yield accrual tool but also a potential source of short-term trading gains.
Expiry Risk: YT tokens are time-bound and will expire at the end of the yield period. After expiry, the tokens have no remaining value.
Market and Price Risk: YT prices fluctuate based on market demand and the underlying yield of sYUSD.
Leveraged Exposure: Holding YT-sYUSD provides leveraged exposure to both yield and Aegis Points. Gains are amplified, but losses are also magnified if token prices move unfavorably.
Smart Contract Risk: Pendle interacts with multiple protocols and contracts. Users should always exercise caution and consider the risks of protocol failure or bugs.
YT-sYUSD tokens offer a powerful way to access Aegis yield while earning additional points for protocol participation. By understanding the mechanics, using limit orders, and carefully considering risks, users can leverage Pendle to optimize capital deployment and engage deeply with the Aegis ecosystem.
Disclaimer:* This article is for informational purposes only and does not constitute financial, investment, or trading advice. Users should conduct their own research and consider their risk tolerance before engaging with YT-sYUSD tokens or any other financial products.*
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