syk233 MemeMax ⚡️|Nov 28, 2025 14:43
Important Update—Theo Teams Up with Morpho: thBILL PT Lending Market Goes Live
Theo Network @Theo_Network, focused on real-world assets, has just announced a key integration with Morpho, bringing new financial attributes to PT assets on Pendle.
■ New Pool Launch: PT Becomes Collateral
According to the official announcement, thBILL PT (Principal Token) based on Pendle Finance has officially landed on the Morpho lending market.
❌ Key Change: Previously, buying PT usually meant locking up funds until maturity to earn fixed income.
✅ Now: Users can use thBILL PT @Theo_Network as collateral on Morpho to directly borrow USDC. This means "dead money" is now activated, unlocking liquidity for fixed-income assets.
■ Dual Incentives and Institutional Support
Beyond basic lending functionality, this new market offers additional perks:
Users participating in this market are eligible for DRIP rewards provided by @arbitrum, further boosting APY.
Meanwhile, renowned market maker/institution Hyperithm @hyperithm has allocated a dedicated USDC quota for this pool.
■ Strategy Idea (DeFi Degen)
This opens up opportunities for advanced players to execute looping strategies: Collateralize thBILL PT -> Borrow USDC -> Buy more thBILL PT.
Through this approach, users can amplify thBILL's fixed yield while earning additional DRIP rewards.
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