DeFi

Can anyone PLEASE point me to documentation or explain how Pendle’s boosting works?

Is it binary, either you get “max boost” or not? Or is it a sliding scale? Is the boost -> APY variable overtime? What is the function?

Their boosting system is unclear. Just use magpiexyz.io

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Me neither. Check https://www.pendle.magpiexyz.io/stake

They let you enjoy full APY on Pendle LP through the mutualization of the Pendle stake

now /backpack • building @so many products • prev. @everyname (acq) @nethermind @proximacapital @consensysacad • thomphreys.com

Let’s go with a concrete example:

For LPing eETH

If the UI says I need to lock up 100 $PENDLE for 3m to get maxAPY, and I only lock up 10 $PENDLE for 3m, will my APY be somewhere in between baseAPY and maxAPY?

If so, how do I see this what the APY would be?

And how do I see the baseAPY at all?

The baseAPY represents those fees collected via YT yields. Since all vePENDLE holders will receive this.

The maxAPY is taken jf you vote for those pools that has the highest swap fees. We just take the highest volume one. You can actually see how much voter fees per pool you'd be getting in the vote page.

weeb3 | hosting /swell | chilling in /snow

I figured it out: the LRT pages don’t show you the breakdown, but the standard App Pool pages do!!

✨🪄✨ summoning @abiswell our resident alchemist ✨🪄✨

The whole premise of future interest materialized in the present is scary to me. So I’m gonna watch the responses on this one.