mStable
@mstable_
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mStable efficiently stacks yield with Pendle
Joined May 2019
1/ The wait is over. Efficient APY available now. Leveraging the liquidity of @Ethereum, starting with the APY foundation of @ethena_labs, made powerful with @Pendle_fi’s fixed APY, and multiplied with @Aave. mPT-sUSDe now live on mStable Learn more 👇
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Caps were reached within 12 hours of the release Congrats on those who got efficiently stacked yield
1/ The wait is over. Efficient APY available now. Leveraging the liquidity of @Ethereum, starting with the APY foundation of @ethena_labs, made powerful with @Pendle_fi’s fixed APY, and multiplied with @Aave. mPT-sUSDe now live on mStable Learn more 👇
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The Ethena ecosystem continues to expand @mstable_ is now live with mPT-sUSDe, enabling leveraged fixed-rate returns on sUSDe → Convert sUSDe into fixed APY through Pendle PTs → Multiply returns via Aave → Access predictable, amplified APY
1/ The wait is over. Efficient APY available now. Leveraging the liquidity of @Ethereum, starting with the APY foundation of @ethena_labs, made powerful with @Pendle_fi’s fixed APY, and multiplied with @Aave. mPT-sUSDe now live on mStable Learn more 👇
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5/ Efficiently stack APY, efficiently stack wealth Deposit today https://t.co/wL7KH5Ae2o
mstable.com
Earn yield on your stablecoins with mStable
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3/ sUSDe is transformed into fixed APY via @Pendle_fi principle tokens In Pendle, sUSDe is split into a yield token (YT) and principal token (PT). The principle token starts at a discounted price which matures to 1, creating a fixed APY
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2/ The foundation of the APY is @Ethena_labs sUSDe. USDe is backed by crypto assets and hedged with derivative positions sUSDe is the staked version of USDe
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Voted for the @mstable_ $mUSD/3pool on the @ConvexFinance gauges to get some smol rewards going, LFG!
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