Pendle (PENDLE)

In terms of risks involved, I would say that these strategies are low risk:

• sUSDS liquidity provision - sUSDS is one of the most battle-tested DeFi products (its issuer Sky, also known as MakerDAO, has been around since 2017)

• Buying PTs for USDai or USDat - Both are backed by US T-bills, which are considered a very low risk investment

That said, smart contract risk obviously still exists especially since Saturn is a newer project, which is why I always recommend diversifying your portfolio.

However, I'd say that looping PT-reUSD is the only higher-risk strategy that I covered in the post above.

I say this since the strategies used by Re (reinsurance, ETH basis trade) to generate yield are riskier and there's also liquidation risk for looping. But at the same time, the yield offered is very high.

There's something for everyone, depending on your risk profile:)

one of the most relentless founders I’ve ever met is @tn_pendle of @pendle_fi

most don’t know because it isn’t performative or driven by hype or status:
- pendle sees incredible success -> jobs not done
- consistently foresaw next major narratives and positioned pendle accordingly
- approaches any issues calmly and simply as a challenge
- doesn’t waste money on flashy parties
- very high focus on security and core team quality
- long term thinking and ambition that is backed up by huge work ethic

never bet against relentless founders

pendle

one of the most relentless founders I’ve ever met is @tn_pendle of @pendle_fi

most don’t know because it isn’t performative or driven by hype or status:
- pendle sees incredible success -> jobs not done
- consistently foresaw next major narratives and positioned pendle accordingly
- approaches any issues calmly and simply as a challenge
- doesn’t waste money on flashy parties
- very high focus on security and core team quality
- long term thinking and ambition that is backed up by huge work ethic

never bet against relentless founders

pendle