🥁 THE WAIT IS OVER! csUSDL is now live on @pendle_fi. Trade, LP, or earn fixed yield on an institutional-grade, yield-bearing stablecoin — and stack up to 30x Shift points. Here’s everything you need to know 👇 TL;DR • Pool Maturity: July 31, 2025 (97 days to go!) • Buy PT-csUSDL: Lock in fixed yield until maturity • Buy YT-csUSDL: Get leveraged exposure to base yield + Shift points • Hold LP-csUSDL: Earn base yield, Shift points, and $PENDLE incentives 1️⃣ What is csUSDL? Coinshift’s yield-bearing stablecoin backed by @Paxos’ USDL (T-bills) + @MorphoLabs lending. Where does the base yield come from? • T-Bill yields • DeFi lending markets on Morpho • $MORPHO incentives 2️⃣ What can you do with csUSDL on Pendle? i. Lock in fixed yield? Buy PT-csUSDL to secure a fixed return until July 31, 2025. (You forgo variable yield and SHIFT points for predictability.) ii. Bullish on yield and airdrops? Buy YT-csUSDL to earn 100% of csUSDL’s yield + → 30x Shift points until May 21 → 20x thereafter, until maturity (Just note: YT expires at maturity.) iii. Want exposure to both sides? Holding LP-csUSDL earns you: • Yield from SY + PT • $PENDLE incentives (already live) • Swap fees → Plus, 30x Shift points on the SY portion (until May 21) The csUSDL pool is already eligible for $PENDLE emissions. Incentives will increase as votes and demand grow via @Penpiexyz_io / @Equilibriafi (coming soon). ℹ️ What’s SY-csUSDL? • SY is the wrapped version of csUSDL used on Pendle • It gets split into PT + YT • Makes up the majority of LP-csUSDL • You get SY automatically when you zap into the csUSDL pool 4️⃣ The SHIFT points program is already live! Ready to get started? 👀 Zap into the csUSDL pool to get SY-csUSDL and start earning up to 30x Shift points. Pro tip: To avoid selling your YT during zap-in (and keep full exposure to yield + Shift points), enable “Keep YT Mode”. A full breakdown of the SHIFT points program is coming soon. Follow @0xCoinshift for more updates. 🔔