deUSD is now live on @pendle_fi - giving sdeUSD holders the flexibility to earn fixed yield or long future yields Earn Elixir's highest 15x potion multiplier for all LP/YT deposits

Pendle splits staked deUSD into two components: Principal Tokens (PTs) and Yield Tokens (YTs) These resulting tokens will be composable across a host of DeFi applications

PTs enable fixed yield (e.g. earn fixed yield on sdeUSD), while YTs allow for users to long yield (e.g. bet that sdeUSD's realized yield will be higher)