quote: Closing in on $1M deposits while standing strong at ~7% APY for the @pendle_fi × @wintermute_t vault on @Morpho. And that's before considering the additional incentives coming on top: 🔸 Allocated share of 7.5k $PENDLE weekly for distribution 🔸 Newly announced +2% base APY from the PT looping campaign, even before leverage looperino comes into play Honestly, it's pretty cool seeing institutional curation of capital management across PTs becoming a product itself esp. considering the sheer breadth of fixed-yield opportunities available across Pendle today. As the PT universe continues expanding across different assets, maturities + implied yields, the opportunity set becomes increasingly attractive, but allocation also becomes increasingly complex. Which PT offers the best risk-adjusted yield? When should capital rotate between maturities? How much leverage makes sense? Where should liquidity be deployed as market conditions change? This is where professional curation becomes increasingly valuable. Instead of users manually navigating + optimising across an increasingly fragmented fixed-yield landscape, institutional managers like Wintermute can effectively sit as the capital allocation layer and continuously managing where that exposure should live. IMO this is another sign of Pendle's maturation beyond simply being a marketplace for fixed yield. PTs are increasingly becoming building blocks from which more sophisticated asset-management products can be constructed. And as the opportunity set grows, the value of intelligently allocating across them should grow alongside it. Pendle 🫡 | The Pendle Ecosystem USDC vault is now live on @Morpho 🦋 Co-curated by Pendle and Armitage, @wintermute_t's vault curation arm. Deposit USDC, earn yield from PT borrow demand, plus a share of 7,500 $PENDLE weekly!

quote: Closing in on $1M deposits while standing strong at ~7% APY for the @pendle_fi × @wintermute_t vault on @Morpho. And that's before considering the additional incentives coming on top: 🔸 Allocated share of 7.5k $PENDLE weekly for distribution 🔸 Newly announced +2% base APY from the PT looping campaign, even before leverage looperino comes into play Honestly, it's pretty cool seeing institutional curation of capital management across PTs becoming a product itself esp. considering the sheer breadth of fixed-yield opportunities available across Pendle today. As the PT universe continues expanding across different assets, maturities + implied yields, the opportunity set becomes increasingly attractive, but allocation also becomes increasingly complex. Which PT offers the best risk-adjusted yield? When should capital rotate between maturities? How much leverage makes sense? Where should liquidity be deployed as market conditions change? This is where professional curation becomes increasingly valuable. Instead of users manually navigating + optimising across an increasingly fragmented fixed-yield landscape, institutional managers like Wintermute can effectively sit as the capital allocation layer and continuously managing where that exposure should live. IMO this is another sign of Pendle's maturation beyond simply being a marketplace for fixed yield. PTs are increasingly becoming building blocks from which more sophisticated asset-management products can be constructed. And as the opportunity set grows, the value of intelligently allocating across them should grow alongside it. Pendle 🫡 | The Pendle Ecosystem USDC vault is now live on @Morpho 🦋 Co-curated by Pendle and Armitage, @wintermute_t's vault curation arm. Deposit USDC, earn yield from PT borrow demand, plus a share of 7,500 $PENDLE weekly!

Source:https://x.com/pendle_fi/status/2088091522915013102