Everyone! Holders of $fxSAVE on Pendle YT will receive an airdrop of xPosition (on @protocol_fx's leveraged BTC or ETH positions)
For details, check the announcement below from F(x)
As I understand, the snapshot has not been taken yetïœ
dyor
@PendleIntern @pendle_fi @pendle_grandma
Time for Airdrop #3:
YT-fxSAVE holders on @pendle_fi đ«Ą
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Everyone in DeFi is farming points.
You know the drill: mint YT, collect boosts, hope for a big multiplier and maybe a token one day.
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But at f(x) Protocol, weâre doing something different.
Weâre not handing out points.
Weâre handing out dollars.
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Over the next month, YT-fxSAVE holders will be eligible to receive xPOSITIONs: 3X long positions on $BTC or $ETH with no funding costs and minimal liquidation risks.
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Got a bullish view? Hold your xPOSITION as long as you want.
Just want the airdrop? Claim, close, and walk away. Your choice.
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To keep things fair, those who tries to game or abuse the system, for example, minting PT and YT in a 1:1 ratio, will be excluded.
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So if youâve been farming fxSAVE yield on Pendle you will be rewarded. If you haven't - now's the time to buy some YT-fxSAVE!
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Because while others chase points...
You could be stacking xPOSITIONs. And that means dollars.
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More details will follow soon.
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