The new @aegis_im pool on @pendle_fi has already surpassed the old one in liquidity, $7.3 M compared to $7.1 M, after just a few days.



I re-ran the maths for YT, and itโ€™s still very attractive. For every $1 in YT, the weekly airdrop is worth $0.10 if the FDV is $25M.

$25M is a very conservative estimate, given their last funding round valued them at $50M FDV. Even so, at a $25 M FDV, thatโ€™s a clean 10% return per week.

PT is currently yielding 14.77 %, which is solid, but I expect more people will farm the airdrop through YT, pushing PTโ€™s yield higher.

So Iโ€™m waiting for that increase before taking a PT position. For now, YT is the best play here.
AGS-4.37%
PENDLE3.2%
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