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?

Head of Community @nexusmutual | Safe Governance delegate | Researching risk in DeFi

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.

Unbothered. Moisturized. Happy. In My Lane. Focused. Flourishing.

6-12 months for point speculation imo. eigenlayer will release main net then hook people on their ecosystem points.

After points real world assets - pendle also big.

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?