1/5 Ever heard of yield tokenization but not sure what it actually means? 🤔 Let’s break it down using $uniBTC across two protocols, @pendle_fi and @Tranchess, both aiming to unlock the full potential of your $BTC yield 🧵👇
2/5 Deposit $uniBTC into a @pendle_fi pool, and it splits into: 🔹 PT = Principal Token ➡️ redeemable for full uniBTC at maturity 🔹 YT = Yield Token ➡️ lets you trade or farm the future yield You can also LP the pair for stacked rewards.
3/5 Meanwhile, on @Tranchess, you can deposit $brBTC or $uniBTC into a fund and pick your lane: 🔸 Turbo Point (turP) ➡️ farm multipliers like Bedrock Diamonds 🔸 Stable Yield (staY) ➡️ lock in a fixed APY You can also LP for $CHESS rewards, trading fees, interest, and Diamond boosts.
4/5 So, how do you choose between the two? ✅ If you want structured, fixed yield and multi-chain flexibility: @pendle_fi ✅ If you want to farm points hard on @BNBCHAIN: @Tranchess Don't worry, we've got the cheatsheet for you:
5/5 Choose the yield path that fits your game. 🧪 @pendle_fi Pools: ♟️ @Tranchess Funds & Liquidity Pools:
11,99K