Complete Guide: Using Aegis sYUSD Pool on Pendle Finance

Aegis has launched its new sYUSD pool on Pendle Finance, giving users three powerful ways to optimize their yield:

• Lock in fixed rates with PT-sYUSD

• Leverage yield and points exposure with YT-sYUSD

• Provide liquidity to earn multiple revenue streams.

This guide will walk you through everything you need to know to get started.

Strategy 1: Lock in Fixed Yield with PT-sYUSD

Best for: Users who want guaranteed returns and don't mind giving up points

How it works: By buying PT (Principal Tokens), you trade away all your points to lock in a fixed yield until the maturity date (September 4, 2025).

Step-by-step instructions:

1. Go to the PT trading page

2. Select "Buy PT"

3. Choose your token and input the amount you want to swap for PT tokens

4. Approve your tokens and sign the swap transaction

What you get: Fixed yield until maturity date.
What you give up: All points accumulation.

Strategy 2: Leverage Your Yield with YT-sYUSD

Best for: Users who want amplified points exposure and are comfortable with higher risk

How it works: Each YT (Yield Token) represents the rights to the underlying yield plus 5x Aegis points for one sYUSD. However, the YT value tends to zero as maturity approaches.

Step-by-step instructions:

1. Go to the YT trading page

2. Select "Buy YT"

3. Choose your token and input the amount you want to swap for YT tokens

4. Approve your tokens and sign the swap transaction

What you get: Underlying yield + 5x Aegis points. Significant risk: YT value decreases over time and tends to zero at maturity

Strategy 3: Provide Liquidity to the Pool

Best for: Users who want diversified income streams from multiple sources

Step-by-step instructions:

1. Go to the liquidity page

2. Choose your mode:

   • Zap: Automated, easier for beginners

   • Manual: More control, better for experienced users

3. Choose your token and input the amount you want to provide as liquidity

4. Approve your token and sign the transaction

What you earn as a liquidity provider:

• 5x Aegis points

• Pool swap fees

• $PENDLE incentives

• Underlying sYUSD yield

Important note: As a liquidity provider, your position consists of both PT and SY tokens in a dynamic ratio that changes over time. Since PT tokens don't receive points, your actual points earning will be less than 5x and will vary based on the current PT/SY composition of your LP position.

Choosing the Right Strategy

Go with PT-sYUSD if you:

• Want predictable, guaranteed returns

• Prefer stability over potential upside

• Don't care about points accumulation

Go with YT-sYUSD if you:

• Want maximum points exposure (5x multiplier)

• Are comfortable with higher risk and volatility

• Understand that YT tokens lose value over time

Go with Liquidity Provision if you:

• Want income from multiple sources

• Are comfortable with moderate risk

• Want to earn both yield and points

What's Coming Next

This Pendle pool launch is just the beginning. Aegis is actively working on additional integrations, including:

• Using PT-sYUSD as collateral in money markets like Morpho Labs and Euler Finance

• More capital deployment options for users

• Additional protocol partnerships

Key Reminders Before You Start

• Always migrate to new sYUSD first - this is required for all strategies

• Understand the risks, especially with YT tokens that lose value over time

• Maturity date is September 4, 2025 - plan your strategy accordingly

• Each strategy has different risk/reward profiles - choose based on your preferences

Ready to optimize your yield? Select the strategy that best aligns with your risk tolerance and return goals.