JA
jawor@0xjawor
Curated by Fundamental Labs · posted 29d
There is a second best.. PENDLE.
jawor argues DeFi yield has been broken for two years, but STRC's 11.5% dividend changes the equation. Pendle is the only scaled protocol tokenizing yield-bearing assets into tradeable PT and YT, capturing a $500T+ TradFi derivatives market. At $320M market cap with 41% fee growth, 80% revenue buybacks, and STRC as a new structural yield source, the market hasn't priced in Pendle's monopoly position and the protocol flywheel it enables.
Read the original
Our summary above. Full piece lives on X.