Penidles

@pendle_fi @apyx_fi The vote to finalize the PENDLE Rewards launch date is now officially underway. Users who actively participate in voting will receive a 1.15× increase in claiming power when rewards are released. Vote here: strc-pendle.net

Earlier today, 0xcd2 deployed ~$2M into @apyx_fi PT-apyUSD across 8 buys at an effective fixed yield of 18.94% APY. • Accumulated 2,034,423 PT-apyUSD in a single session • Now the 3rd largest individual PT-apyUSD holder • 18.94% Fixed APY for ~36 days • $34,676 profit at maturity (1.73% ROI) $STRC pays a floating monthly dividend of 11.5%, which in itself is already a compelling yield product. apyUSD takes that underlying yield and lets you fix it on Pendle, locking in a rate that currently sits even higher than the floating rate. The current implied APY is 19.3%, meaning you can enter today and outperform this whale's entry. Pool liquidity is also decently deep, capable of absorbing a ~$37M swap at 18.88% effective fixed yield. So yes, we can take your size (cc @saylor)

@pendle_fi @saylor @apyx_fi @saturn_credit @strata_markets @Strategy Additionally, voting is now LIVE to decide the official PENDLE Rewards launch date. All active participants will receive a 1.15× boost to their claiming power once rewards go live. Details: strc-pendle.com

Pendle 🫱🏻‍🫲🏻 @saylor $PENDLE has been one of the biggest drivers for digital credit yield economy onchain, with ~$318M of $STRC linked TVL now. The protocol enables new strategies previously unavailable for $STRC both onchain and off, with a range of distinct risk profiles for various market views. Fixed yield for $STRC (up to 18% Fixed APY), directional yield speculation, and/or enhanced diversified yield as a liquidity provider. Yield infra for the global yield economy 🫡

The @apyx_fi PT markets on Morpho are now the largest PT markets on the protocol, with ~$50.5M in total TVL. ~18% fixed APY on $STRC yield coins is already a strong base. For users running looping strategies, effective yields reach 50-60% APY. Pendle's yield infra enables that range of expression, from simple fixed-rate exposure to leveraged yield, even for RWAs with floating, dividend-based payments.

"Saturn broadens that universe by bringing transparent Bitcoin-linked dividend yield on-chain, and Pendle provides the market structure that makes the yield accessible." Every new yield source in DeFi eventually needs a place to be priced and traded, and that's what Pendle is built to do. $STRC distributions, tokenized through Saturn, are now something users can take a fixed or variable view on, with clear mechanics and transparent pricing via Pendle's yield infra 👇🏻

Pendle Print #113 • Pendle now holds 1,033,235 (~$103M) of onchain STRC • Dune coins "The Pendle Effect" - how Pendle as a launchpad powers growth surges for protocols • APYX PTs become the largest markets on Morpho (>$50M TVL) • New structured, tranched markets for STRC - Strata srUSDat, jrUSDat (Aug 2026); Royco jrRoyAPYUSD (Nov 2026)

Most people think the Pendle Effect is just a demand spike. The data says it is a capital routing pattern, and it behaves very differently depending on where an asset starts. The 3 Archetypes of @pendle_fi Effect explain why outcomes diverge 👇 1) Small Asset → Explosive Growth Machine > For @ethena $USDe and @ResolvLabs $USR, holders expand 10x to 2000x with massive supply growth, but capital is fast in, fast out > Real scale starts when PT becomes collateral on @aave, where recursive looping drives the second leg of growth 2) Incentive-Driven Assets → Unsustained Growth > In the case of $USDai, growth is tied to points and airdrops, peaking at PT maturity before both holders and supply drop ~60% > Deposits arrive after peak users, showing a split between farmers and real capital with no overlap 3) Large Assets → Liquidity Sink > For @Paxos $USDG, holders barely move, but $121M flows into SY (Standardized Yield) in 7 weeks, capturing ~25% of supply alongside new issuance > There is new supply flowing directly into Pendle Pendle functions as a distribution layer for new assets, a liquidity sink for large ones, and a capital amplifier when paired with lending. The hidden engine is composability with @aave and @Morpho, where PT becomes collateral, driving looping and scaling deposits to $7.2B+. Pendle creates demand, but only where conditions allow it. Supply and deposits are the signal. Holders lag reality.

Broadcaster Roman Kemp made a surprise appearance at Goat Lees Primary School in Ashford, Kent, to announce that Miss Emma Chapman's class had won The Ultimate School Trip with @DisneyCruise - a four-night UK sailing on Disney Dream in August.

As part of its first-ever season in Europe in summer 2025, Disney Fantasy will sail from Southampton on three, four and five-night cruises to destinations including Spain, Norway and around the British Isles between late and July and September.

Written by my wonderful friend Deb…. Extremely interesting read for anyone with a sibling… The lifelong effects of 'the favourite child' bbc.com/future/article… via @BBC_Future

David at #WaltDisneyWorld #DisneyWorld50 @DisneyParksUK

Disney's new cruise ship has a 'watercoaster', Frozen dining and epic kid's club. With @shipmonk for @MirrorTravel #ICID=Android_TMNewsApp_AppShare" target="_blank" rel="nofollow noopener">mirror.co.uk/travel/cruises…

Right, you crazy Mountain of Space. I am finally going to ride you, 43 years after my father told me I wasn’t allowed because you were too scary. And the four other times I couldn’t ride you because of various reasons. And now you’re called Hyperspace Mountain. No matter. #disney

The best DisneylandParis ride to bridge the 50 year old/10 year old thrill gap is Thunder Mountain. The best ride full-stop is the Remy Ratatouille one, which is a genuine wonder and I remain happily unable to work out how they do it, making me feel like a child again. #disney

Video: British TV Presenter Alison Hammond is in Central Plaza having fun with Disney Friends for #DisneylandParis30 🎉

Only @AlisonHammond could get a conga going in the middle of @Disneyland 🤩

And here's a short video! @DisneyCruise

.@DisneyCruise releases photos of Disney Magic's call to Southampton on Sunday ahead of its British season starting on July 15. The ship will sail from the south coast port as well as Liverpool, Newcastle and London Tilbury.

🚨 IT’S HERE! 🚨 Here is our 'Wonderwall' x ‘Smalltown Boy' (Mashup Cover). Two of our fave tunes by Oasis & Bronski Beat. Full video on our youtube 🎶: youtu.be/Xycg3SDjTOo

Yesterday @Iwanrunner surprised the @griefencounter choir with a trip to Disneyland Paris. Here they are singing Jingle Bells. 👏👏 Get involved with our #1MillionMinutes campaign by pledging your time to volunteer at charities like Grief Encounter: bit.ly/35HRRHa