Pendle system wraps ezETH
into an ERC5115 token SY
.
SY
can then be used in Pendle's system to:
- Tokenize into
PT
andYT
, whereYT
holders are entitled to all interests and rewards. - Supply into Pendle's AMM to receive
LP
token.
LP
token can then be deposited into Liquid Lockers platform (Penpie, Equilibira, StakeDAO) to enhance their yield.
Pendle charges YT
holders.
To modify the calcPointsFromHolding
function in ./src/points/point-manager.ts
which returns the amount of points earned by users for holding amountEzEthHolding
ezETH in holdingPeriod
seconds.