everyone’s hunting yield
no one’s looking at csUSDL YT on @pendle_fi
here’s why that’s a mistake:
1. highest base APY in defi
csUSDL is paying 4.2%, higher than USDY, higher than any t-bill yield token
it’s real, onchain, stablecoin-native yield
2. you can buy the yield leg at a discount
csUSDL YT is pricing in ~10% implied APY
but the actual yield is 4.2%
that means the market is paying you to take the upside
this is where ze points kicker gets WILD
3. point meta: 70x leverage
every $1k into csUSDL YT gets you ~70k tokens
each token = 30 points per day
that’s 115m+ points by maturity
points value (assuming conservative airdrop math):
≈ $3,600 on $1k in 2 months
plus $6 in yield
total roi: 260%
apy: 490,000%+
yes....four hundred ninety eight thousand
4. you can exit early
sell your YT whenever
keep all your earned points
or set a limit order and walk away
5. and it gets better if yield rises
current YT price is 1.5% of csUSDL price
that means yield moves are magnified ~70x
if csUSDL jumps to 5%+?
your upside gets juiced
6. why it’s mispriced
most are farming PT for “safe” yield
they push the fixed rate down
which makes YT cheaper
which makes the multiplier crazier
yt is the underdog trade
it’s the bet on coinshift thriving
on defi volumes coming back
on the airdrop actually mattering
tl;dr:
- csUSDL YT = best t-bill base APY in defi
- 70x point leverage
- 260% in 2 months is on the table
- liquid exit, no lockup risk
- still under the radar
ooof, if you like those odds, and you agree with the above...could be mighty TASTY
dc: not financial advice, but maybe it should be, (but it's not though) linn has a high risk tolerence, linn is addicted to pendle pt's and yts, linn collabs with @0xCoinshift