13 July 2026
Wesotext not yet in the index
what a joke... there is no difference other than fees to Pendle between minting and buying PT on one wallet and YT on another. we still lost all the value we held in YT, that we wouldve not lost had we sold the YT part of the mint. months of providing TVL of your useless stable in loops at 7-9% borrow cost.
Ссылка
click to show
click to show
Stabledrop claims are now live https://x.com/caplabslimited/status/2076740026810155475
ACKLooks like team give extra 100k$ from their treasury, not the best scenario we want but kudos for executing this
it’s actually $500k+ from treasury
Benjaminit’s actually $500k+ from treasury
great gesture from the team really
i noticed my claims went up a bit
Ссылка
click to show
click to show
Hi everyone, now that some time has passed since our stabledrop announcement, I’ve been able to see the various concerns that our community brought up. I’ve made this post to address those concerns.
https://x.com/Benjamin918_/status/2076740221811437875
BenjaminHi everyone, now that some time has passed since our stabledrop announcement, I’ve been able to see the various concerns that our community brought up. I’ve made this post to address those concerns.
https://x.com/Benjamin918_/status/2076740221811437875
loopers (most of the top points holders) still lost thousands of dollars because you dont consider minted YT as YT. dont act like nobody got burned in the end
WesoThey did not
you dont understand Pt-Yt-loop. loopers take net losses by choosing to hold the YTs for points, trading points and net 0% apr against the Morpho borrow rate. just because the PT and YT cancel each other out doesnt mean that we didnt take a loss, it just went to Morpho. In the end it is equivalent to buying YTs at the Morpho borrow rate as IR.
Proclus10000 cUSD -> split into PT-cUSD + YT-cUSD -> net 0% APR -> borrow against PT-cUSD at ~8% APR and repeat. A looped position with 100k PT and 100k YT will lose 8k per year in exchange for the YT points (which are useless now)
We chose to refund straight YT buys, I see you are levering. I am sorry but we are not including external borrow interest.