Just closed a 86 day long Pendle $cmETH position on Mantle and shared quick a recap for it. 

Subscribe to my channel if you like to see real life farming and discuss with the chads: https://t.me/fadetocrypto

Jumped back into a new market maturing Sept 18 (83 days out), syncing perfectly with the next $COOK airdrop.
 
This time, I’m sticking to LP only to avoid any potential losses. 

What’s the deal with PT, YT, or LP on Pendle? Here’s the ELI5 breakdown using $cmETH:
 
PT: Snag $cmETH at a discount (1 cmETH gets you 1.07731 PT cmETH), redeemable 1:1 at maturity. 
 
YT: Lock in the yield from $cmETH from purchase to maturity - pure leverage on that yield. 
 
LP: Ride both PT cmETH and cmETH, with values aligning at maturity, so no IL hits you.

freedom is the freedom to choose | altcoins are broken | my public yield farming journal 👉 https://t.me/fadetocrypto

I’m curious are there any problems you experience with Pendle? Is there anything you wish you could do but can’t?