Did you know that the yield stripping model popularized by Pendle was originally introduced by Element Finance? Recently, Element has come back with a new, elegant design, @delv_tech and I noticed no one has really covered it in depth—so here we go! 🧵

Big moves happening at @movementlabsxyz and @movementfdn! 🚀. Just a day after announcing tokenomics, the registration for airdrop qualifications is now LIVE. 🪂. If you've been active—completing tasks, earning roles, or deploying contracts—make sure you secure your spot for the.

Join millions who have switched to Grok.

🚀 Excited to share insights about $MOVE by @movementlabsxyz! 🔥.A project I'm closely following, built for lightning-fast finality and top-tier security. Key Highlights:. 🔹 Total Supply: 10B $MOVE, with 22.5% already in circulation!.🔹 Token Allocation: 40% Community, 10%.

📕 Movement: Next Steps Coming Soon!. ✅ The Parthenon Testnet has officially concluded, and Movement is gearing up to share exciting updates very soon. With the TGE just around the corner, we can’t wait to hear some official news on it. Stay tuned! 🚀.#gmove #movement.

RT @RFDintern: Did you know that the yield stripping model popularized by Pendle was originally introduced by Element Finance? Recently, El….

Tagging for visibility : @JonnyRhea @AndreaDisandro @0xpickleback @0xashd @jalex_towle @AlimKhamisa @CharlieStLouis.

Hope you enjoyed! GN.

Intern personally believes partnerships in Defi is getting more and more crucial, and would love to see real Gem getting listed on Hyperdrive to see a super use case that will allow people to actually experience this amazing mechanism!.

27/ In short: Hyperdrive is all about flexibility for traders through on-demand terms and peace of mind for LPs through continuous, single-sided liquidity. And with mechanisms like Zeta Adjustment, the protocol maintains market stability even with dynamic term creation!.

26/ The Zeta Adjustment accounts for the differences in maturity between positions and ensures the AMM maintains balance when bonds with different maturities are closed. It smooths out inconsistencies and keeps pricing fair for all users.

25/ But what about pool consistency when bonds are closed early? Here’s where the Zeta Adjustment (ζ) comes in. When Bob sells his PTs, Hyperdrive applies the Zeta Adjustment to ensure the pool’s liquidity remains consistent, preventing arbitrage or manipulation across different.

24/ For LPs, this means they can provide liquidity without worrying about specific maturities. They deposit once, and the system manages the rest. LPs don’t have to shuffle liquidity around, while traders enjoy flexible, custom terms.

23/ So, in Hyperdrive, you aren’t locked into specific maturities defined by the protocol. Instead, the price adjusts dynamically based on when you enter or exit, giving traders flexibility while still maintaining concentrated liquidity across multiple maturities. How amazing!

22/ This is crucial. While PTs are fungible within the pool, the price Bob receives for buying and selling depends on how much time is left to maturity. The closer to maturity, the smaller the adjustment.

21/Since Bob is selling before maturity, the protocol applies a time adjustment based on how close the PT is to maturing. So for example, even if the current price depending on the ratios of Reserve is $0.75, Bob gets to sell his PT at fore instance at $0.8!.

20/ Six months later, Bob decides to sell his PTs. The current price is now $0.75. But there’s an important mechanism at play: Time-to-Maturity (TR). ( This is very important ).

19/ Yield Trading. Now, let’s look at a trader named Bob. He buys $1,000 worth of PTs (Principal Tokens) at a price of $0.70, with a maturity of 1 year. The price Bob pays is based on the Share Reserves (total pool liquidity) and Bond Reserves (liquidity backing PTs and YTs).

18/ LP. When an LP deposits USDC into Hyperdrive, that USDC is sent to a yield source like Aave. The yield-bearing asset (like aUSDC) is then deposited into an ERC-4626 vault, which mints shares representing the LP’s stake in the protocol.

17/ How does this all work? It’s actually quite elegant. Instead of preloading the pool with a mix of SY, PT, and YT, Hyperdrive mints them on demand. Let’s break down the steps:.

16/ And here’s another one: Single-Sided Liquidity. As an LP, you don’t need to manage complex positions like SY and PT. You simply deposit the base asset (e.g., USDC) and that’s it. No need to constantly balance positions.