FRAX

USDC

3/30/2023 - (expired) Pendle USDC Yield Token (3/29) has a 30d APY of -92.16%, a TVL of 1,469,540, and an Exponential Risk Rating of F. This pool allows you to long the yield generated on USD stablecoins through Yield Tokens (YT) with a maturity date of 3/29/2023.

(expired) Pendle USDC Yield Token (3/29) on Ethereum (FRAX, USDC)

This pool allows you to long the yield generated on USD stablecoins through Yield Tokens (YT) with a maturity date of 3/29/2023. You profit when the future yield accrued is greater than the price of YT when initially purchased.

FRAX is the first fractional-algorithmic stablecoin partially collateralized by USDC stablcoins and the FXS governance tokens.

USDC is a centralized stablecoin backed by USD reserves held by a licensed custodian (Circle).

This pool serves as a yield-generating savings account for you to earn yield on your USD stablecoins, subject to market conditions

Investment Strategy

Fundamentals

Risk

Risk of losing your entire investment due to systemic issues. Based on chain, protocols and assets.

Reflects how much principal is at risk due to the nature of the pool`s economic design

(expired) Pendle USDC Yield Token (3/29)

Pool Design

Reflects how liquid the asset is, collateralization level, dependency risks, and reliance on centralized entities

Asset Strength

Reflects the economic design of the asset and convex relationships

Risk Compounding

Asset Tokenomics

Code quality of the underlying smart contracts

Pendle

Convex

Curve

Protocol Code Quality

Reflects how long the protocol has been around, the value of the assets deposited in the protocol and its level of decentralization

Protocol Maturity

Protocol’s systemic risks or ponzi like dynamics that can lead to loss of principal

Protocol Design

Reflects how long the blockchain has been running and the total value of assets on the network

Ethereum

Chain Maturity

Reflects the blockchain’s fundamental risks, total value invested, and level of decentralization

Chain Design

Reliability of the underlying blockchain from network congestion or halts

Chain Reliability

Pool Fundamentals

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Yield Source

Your yield is continuously accrued from third-party DeFi platforms until maturity

This pool has not been receiving any protocol incentives to encourage user deposits