Trading Positive Yield Tokens (PYTs) offers various strategies, each with its own risk and reward profile.
09 Nov 2023, 22:45
🧵Trading Positive Yield Tokens (PYTs) offers various strategies, each with its own risk and reward profile.
A common strategy is to buy PYTs when they're undervalued (trading with a low implied APY) and to hold for yield accrual.
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209 Nov 2023, 22:45
Lastly, some prefer a long-term strategy, holding PYTs to benefit from the underlying asset's yield as well as price appreciation.
This system allows for a balanced exposure to the DeFi yield markets! 💪
Lastly, some prefer a long-term strategy, holding PYTs to benefit from the underlying asset's yield as well as price appreciatio
Lastly, some prefer a long-term strategy, holding PYTs to benefit from the underlying asset's yield as well as price appreciation.
This system allows for a balanced exposure to the DeFi yield markets! 💪
09 Nov 2023, 22:45
An alternative approach involves trading on the volatility of the PYTs.
Savvy traders watch the market for fluctuations in yield expectations and trade accordingly, buying on dips and selling on highs, taking advantage of market sentiment.
An alternative approach involves trading on the volatility of the PYTs.
An alternative approach involves trading on the volatility of the PYTs.
Savvy traders watch the market for fluctuations in yield expectations and trade accordingly, buying on dips and selling on highs, taking advantage of market sentiment.