Sisters, good morning! 64%, 28.45%, 6.7%—all related to #fxSAVE—but why is the yield so different? If you just pick based on the highest number, many would go straight for 64%. But these three figures can’t be compared like that. These are the yields from the new #Pendle market introduced by @protocol_fx on October 26, maturing on April 29, 2027, with official figures of 64% for LP, 28.45% for YT, and 6.7% for PT. #LP involves providing liquidity; its returns come primarily from the underlying asset, trading fees, and FXN incentives. This LP and YT both include FXN incentives, but their participation methods and sources of return differ. #YT represents purchasing the right to future yields. The platform mentioned that YT could yield up to 31x. But don’t interpret “31x” as earning 31 times your investment—if future returns fall short, you could lose your principal. YT has no value after maturity. #PT is different—it’s like buying a discounted claim to an asset that can be redeemed at maturity. The 6.7% is the fixed annualized rate at the time of issuance. The resale price may change, and there’s risk tied to the underlying asset. The APYs shown for LP and YT are also affected by fluctuating yields, incentive distributions, and market prices. Just looking at the numbers can be misleading—even though all three generate returns, what you’re holding is fundamentally different in each case.