Why did YT-fxSAVE on Pendle suddenly surge?
It turns out that @protocol_fx has launched a new round of hodl YT rewards.
Lock YT-fxSAVE into the new Lagoon vault until maturity, and in addition to mining the base interest of $fxSAVE itself, you can also receive an extra 100 $FXN from the vault.
Currently, YT leverage is ~100x, and the vault has a rough annualized return of 277% ~= an additional 2.8% implied APY.
If interest rates go up, PT is also a good opportunity.
No more complex point calculations
No more long TGE waiting PLUS locking periods.
Earn easily with YT-fxSAVE:
1. Buy YT (current implied APY 13.85%) and stake in Lagoon vault (@nine_summits) for $FXN rewards:
2. After YT expires (10/30/2025), claim $FXN rewards and underlying yield at @pendle_fi (7-day underlying APY ~12.33%).
⚠️ Reminder: deposits are locked until the YT expiry date.
Note: Current APR is 780%. $FXN staking rewards may perform strongly in volatile markets.
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