âtvPTmax
on-chain yield maximizer
âTARS is the yield curation layer in the aarnâ agentic stack, which manages âtvPTmax, On-chain PT yield maximizer, user deposits USDC into an ERC-4626 vault and mints atv shares; capital routes to a controlled multisig where the âTARS agent allocates into Pendle PTs to lock fixed carry across a tenor ladder. Entry is gated by hard checks: protocol/market allowlists, pool-depth floors, TWAP and oracle-parity bounds, expiry windows, and concentration caps. NAV and TVL are on-chain.
Outperformance comes from disciplined fixed-rate capture, at max 20% (exact allocation decided by agent) of the TVL is reallocated with lower delta-positive threshold securing Higher APY opportunities while the rest is allocated to Higher APY PT Pools with high market cap (>100M) for underlying asset. The agent continuously scans new PTs and repricings and reallocates when expected carry minus slippage and gas clears a set threshold. Live telemetry: depth, spreads, oracle drift, pending expiries - triggers pre-emptive rolls; Redemptions burn shares for USDC with the agent choosing partial PT sales or roll-off at maturity to preserve ladder shape and minimize slippage. All allocation, rotation, and exit flow is executed by the âTARS agent from the multisig under these controls.

Last updated