Theory During large expiry events (Pendle's had 7 so far) two major groups benefit: ➢ Long-dated PT holders ➢ YT limit order scalpers Why? Migrating capital compresses IYs, which means you can pick up cheap YTs and people in target PTs get a nice quick ROI.

So, what am I looking for? It's well known that Pendle has gone all-in on the RWA/Stablecoin narrative. So, there are a few standouts to me as a stablecoin maxi. What I'm looking for is deep liquidity, and trusty underlying. Keep reading...👇

1) @aarnasays atvUSDC. While liquidity is low, 22% APR for 60 days will likely not be possible after the mass migration. Also, trusted people in the space, like @crypto_linn and @JackNiewold have aligned themselves with Aarna, which gives it some solid credibility in my eyes.

2) For a short migration play, @Almanak__ 20% APY for 40 days on one of the new up-and-coming AI-Lend-Aggregation stables. You guys know I love lend-aggregation, so I'm actually pretty excited for this one and could see it absorbing a few million post-migration.

3) Everyone is trying to get into @USDai_Official This one has FORTY MILLION DOLLARS OF LIQUIDITY. While you certainly don't want to enter when USDai is too far over-peg, there is a chance it goes overpeg even more after a big migration. 20% fixed for SIXY-EIGHT DAYS

4) I don't know enough about reinsurance, @re This is sort of a new primitive, which I love, it's effectively low-risk reinsurance wrapped into a stablecoin. Almost a million dollars in liquidity and 18% fixed for over 90 days.

5) Winner for the farthest expiry and good yield: @FalconStable People went insane buying YTs after the recent announcement. This has skyrocketed the soon-to-expire market up to 30% IY The long-dated 138-day market has also benefited, yielding 15% for more than a quarter.

6) If you looking for deep liquidity, @infiniFi_ This has $13M in liquidity and is one of the newer trusted pieces of defi yield infrastructure. 13% fixed for 82 days with the security of using something like infinifi is a nice low-profile way to get good predictable yield.

7) There's always money in the liquidity stand There are a number of pools you can also migrate into before dilution, getting you stellar APRs before the crunch, and allowing you to benefit from any possible IY compression. 20-40% max boosted APR on markets up to 96 days out.

8) Points farmers should remember YTs! If there is IY compression on any of these markets, the best thing to do is set YT limit orders. You might get filled at 10% or more below what you'd otherwise get, giving you a huge boost in the number of points.

The main point here is that while Pendle's antifragility means it won't be shaken by these big migration events, YOU can still benefit from the market movements. Thank you for reading!

@phtevenstrong @pendle_fi Someone is going to have to dumb this down to the 3rd grade for me🤣

@phtevenstrong @pendle_fi If joining a pool and leaving early when yield drops and go to a PT instead be a good strat or would you get rekt if leaving pool early due to IL because you are leaving pool early?

@phtevenstrong @pendle_fi Pendle's UX is fire, but explaining YT/PT to degens is still a mission.

@phtevenstrong @pendle_fi thanks for sharing this! (could make out why the world's burning outside; it kinda is)

@phtevenstrong @pendle_fi love the way you wrote it your words carry weight because they’re grounded in discipline, very inspiring

@phtevenstrong @pendle_fi Hard to come by APR numbers like the ones on âtvUSDC, Pendle is about to skyrocket.

@phtevenstrong @pendle_fi Rough week brother, thanks for post!

@phtevenstrong @pendle_fi Heart not in yields, but the brain's still printing. Love it.

@phtevenstrong @pendle_fi pendle

@phtevenstrong @pendle_fi Gm ser - good stuff as always 🤝

@phtevenstrong @pendle_fi Have you ever thought in posting lessons of DeFi in YouTube? From basics to this stuff??? So much knowledge here and it’s difficult to access it

@phtevenstrong @pendle_fi The Yieldfather returns in our time of need

@phtevenstrong @pendle_fi Thank you for your Service! 🫡

@phtevenstrong @pendle_fi Early rollovers Are there specific expiration dates/times to watch for maximum profit, or is it gradual?

@phtevenstrong @pendle_fi it shows the importance of sticking to commitments even when not fully motivated.i really like the focus on strategic trading and staying committed

@phtevenstrong @pendle_fi yo you think rolling early on Pendle actually beats waiting for those billions?

@phtevenstrong @pendle_fi @RooTeeg 🖕🙏 Grow consistently, invest confidently. 🎈 🌺 🎌