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Pendle Kelp Balance Tracking

Pendle system wraps ezETH into an ERC5115 token SY.

SY can then be used in Pendle's system to:

  • Tokenize into PT and YT, where YT 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 $3%$ of all yields/rewards with assets on the platform. This is equivalent to receiving $3%$ yield shares from all YT holders.

Todo

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.