Aster
  • OVERVIEW
    • What is Aster?
      • Wallet Connection Guide
      • Smart Contracts
  • PRODUCT
    • AsterEarn
      • Earn
        • Mint asBNB
        • Mint asCAKE
        • Mint asUSDF
        • Mint asBTC
        • Aster ALP
          • How to mint ALP?
          • How to burn ALP?
          • ALP Fees
      • Ecosystem
        • PancakeSwap
          • LP on PancakeSwap
        • Pendle
          • asUSDF on Pendle
          • asBNB on Pendle
          • USDF on Pendle
          • How to calculate Au points for LP and YT
        • Tranchess
        • Restaking
        • Yield Strategies
    • USDF Stablecoin
      • Situating USDF in the Stablecoin Landscape
      • How USDF Works
      • Maintaining the Peg
      • Fund Custody & Risk Management
      • FAQs
      • Tutorials
    • AsterEX Pro Mode
      • Fees
      • Order types
      • Margin
        • How do I calculate the maximum amount that I can transfer in/out in Cross and Isolated Margin modes?
      • Mark price
      • Liquidations
      • Funding Rate
      • Muti/Single Asset Margin
      • ADL
      • Trailing Stop Order
      • Referral Program
      • API
        • How to create API
        • API document
    • AsterEX Simple Mode
      • Leverage
      • Price Oracles
      • Fees & Slippage
      • Dumb Mode
      • Manage Your Positions
      • Order Types
      • Interact with the contract directly
    • AsterLayer
  • Stage 1: Spectra
    • Aster Spectra: Stage 1
    • Mint to Earn Au
    • Trade to Earn Rh
    • Referral Bonus & Team Boosts
  • Brand & Community
    • Brand Assets
    • Official Links
  • About us
    • Audit Reports
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  • Basic Concepts
  • SY:
  • PT:
  • YT:
  • LP:
  1. PRODUCT
  2. AsterEarn
  3. Ecosystem

Pendle

PreviousLP on PancakeSwapNextasUSDF on Pendle

Last updated 19 hours ago

Visit Ecosystem

Note: Those who split asUSDF into PT and YT without further activity on Pendle are exploiting the Au points reward system. Aster prioritizes real activity like providing liquidity or trading PT and YT on Pendle. To protect the interests of genuine DeFi holders and encourage healthy activity, exploiters may lose all Au points.

Basic Concepts

SY:

  • A token standard on Pendle for wrapping yield-bearing tokens.

  • SY is then split into PT and YT.

PT:

  • Represents the principal of the underlying yield-bearing token.

YT:

  • Represents all the yield of the asset.

LP:

  • The LP token you get after adding liquidity.