I’ve curious what people’s thoughts are on the yield aggregators built on top of EigenLayer. At this point, it’s just a points race with no real underlying yield except LST staking yields.

Are there any fundamentals or is this just pure speculation?

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This has been really interesting to see. Great to see Pendle popping off. It’s like they were built to allow for points speculation 🫡
How long do you think that opportunity will last, though?

Theres real yield from the speculators on pendle.

Essentially degens are buying the rights to the points which equates to 43% fixed eth yield for the person supplying the LRT.

It is speculation just as most other things are. And points system just rewards whales more.