I’ve been looking at the new Phase 2 incentives on the @pendle_fi $sUSDD market, and one thing stands out: There isn’t just one way to approach the opportunity. You’ve got three different strategies, depending on how you want to put your capital to work. 1. PT-sUSDD Want more predictability? PT gives you a fixed-yield route, with a 5% starting bonus and the potential to increase returns through Morpho looping. 2. YT-sUSDD Looking for exposure to the underlying yield? YT starts with a 1% bonus, with the campaign boost increasing as TVL grows. 3. Provide Liquidity Prefer earning from market activity? LPs can earn trading fees plus additional incentives from the campaign. And the numbers make this more interesting: • ~$600K in total rewards • Phase 2 is LIVE • Campaign runs Aug. 27 – Nov. 26, 2026 • PT-sUSDD currently shows 5.18% fixed APY + 4.57% campaign boost in the provided snapshot • The LP snapshot shows 14.98% APY, split between PENDLE and USDD rewards Three strategies. Different risk/reward profiles. One $sUSDD market. The important part is understanding what each position actually gives you before choosing one. If you’re already holding $USDD, this is worth taking a closer look at. Explore the Pendle sUSDD market APYs and incentives can change. Do your own research before entering a position. https://t.co/y2jKpZOw9T #TRONEcoStar @justinsuntron #TRON @USDDecentralize