everyone’s hunting yield no one’s looking at csUSDL YT on @pendle_fi here’s why that’s a mistake: 1. highest base APY in defi csUSDL is paying 4.2%, higher than USDY, higher than any t-bill yield token it’s real, onchain, stablecoin-native yield 2. you can buy the yield leg at a discount csUSDL YT is pricing in ~10% implied APY but the actual yield is 4.2% that means the market is paying you to take the upside this is where ze points kicker gets WILD 3. point meta: 70x leverage every $1k into csUSDL YT gets you ~70k tokens each token = 30 points per day that’s 115m+ points by maturity points value (assuming conservative airdrop math): ≈ $3,600 on $1k in 2 months plus $6 in yield total roi: 260% apy: 490,000%+ yes....four hundred ninety eight thousand 4. you can exit early sell your YT whenever keep all your earned points or set a limit order and walk away 5. and it gets better if yield rises current YT price is 1.5% of csUSDL price that means yield moves are magnified ~70x if csUSDL jumps to 5%+? your upside gets juiced 6. why it’s mispriced most are farming PT for “safe” yield they push the fixed rate down which makes YT cheaper which makes the multiplier crazier yt is the underdog trade it’s the bet on coinshift thriving on defi volumes coming back on the airdrop actually mattering tl;dr: - csUSDL YT = best t-bill base APY in defi - 70x point leverage - 260% in 2 months is on the table - liquid exit, no lockup risk - still under the radar ooof, if you like those odds, and you agree with the above...could be mighty TASTY dc: not financial advice, but maybe it should be, (but it's not though) linn has a high risk tolerence, linn is addicted to pendle pt's and yts, linn collabs with @0xCoinshift