@kazumacrypto
Ngl,
Spark Pendle LP is one of the lowest-risk, decent-return plays out there. (No yapping bs)
🟦 Spark Points
→ 80% of your deposit earns points. Deposit 10k? 8k is earning spark points
🟦 Real yield: 6%–10%
→ Boostable via vePendle, Penpie, or Equilibria.
🟦 Ultra low risk
→ You're LITERALLY farming with former $DAI on Pendle which has zero hack history.
→ No IL if you hold till maturity = basically guaranteed return (NFA).
🟦 Why I'm personally choosing LP > YT?
→ YT allocation still unclear.
→ LP shields your principal, less exposed to point dilution.
If you believe Spark will drop >30M tokens on Pendle (Assuming FDV 750M–1B), YT might be better. Otherwise, LP is just too good to look away at.
ooor, since implied yield dropped a couple digits overnight, just keep some yt when you zap in 😉
market link
https://app.pendle.finance/trade/pools/0xdace1121e10500e9e29d071f01593fd76b000f08/zap/in?chain=ethereum
Blog link
https://paragraph.com/@kazuma/spark