I love DeFi strategies that are “2 birds, one stone.” How about earning steady stablecoin yields while setting yourself up for a major airdrop? It’s the csUSDL strategy on @pendle_fi - powered by @0xCoinshift. Here’s how it works: Coinshift’s csUSDL is a yield-bearing stablecoin backed by Paxos regulated USDL (think: steady T-Bill yields) + boosted by Morpho lending rewards. On @pendle_fi , csUSDL splits into two tokens: • Principal Tokens (PT): fixed yield (11% currently) • Yield Tokens (YT): leveraged exposure to yield + SHIFT points (Coinshift’s point system) Here’s why YT-csUSDL is one of the strongest DeFi plays right now: If you invest 1,000 into YT-csUSDL at current conditions - you’d initially see something like: • Fixed (implied) Yield: 11% • Current Underlying APY: 4% Your first thought is probably: “Why would anyone buy a 4% yield when 11% is available?” Here’s where it gets interesting… YT-csUSDL holders receive a huge daily boost - each YT earns 23 SHIFT points daily until maturity. With 1,000, that’s roughly 81 million points till maturity. These SHIFT points have a ton of potential. They’re tied to Coinshift’s upcoming airdrop. Some conservative estimates put the point’s value around ~5,600 at 150m FDV launch (Coinshift’s last fundraising valuation). Combined with your underlying yield (~380), that’s ~6,000 total or about a 500% ROI in under 3 months. Even if you halve Coinshift’s valuation (for safety’s sake), it’s still comfortably a 220%+ play. Why does this work so well? Most DeFi users chase “safe” returns on stablecoins (PTs). Higher demand for PTs makes YTs cheaper - giving those willing to speculate a juicy entry point and big upside potential. csUSDL pools just went live on Pendle and the SHIFT points multiplier (30x right now, then 20x) amplifies your returns even more. To simplify: • PT: safe, predictable yields. • YT: leveraged exposure to stable yields + massive SHIFT points upside. • LP: a balanced approach with additional Pendle incentives. Finally, everyone knows that Stablecoins are killing it right now and want exposure. This is an easy strategy that gets you exposure to the Stablecoin narrative via SHIFT. Glad to partner with Coinshift to highlight this. It’s one of the rare DeFi strategies that feels sophisticated yet straightforward - exactly how DeFi should be. (DYOR always) - Head over to https://coinshift.global to get started!