âtvPTmax
on-chain yield maximizer
âtvPTmax is a Pendle PT yield vault for users who want stable USDC fixed yield without managing PT selection and rolls themselves. Users deposit USDC into an ERC-4626 vault and mint âtvPTmax shares; capital is routed by the âTARS agent via secure multisig into diversified Pendle PTs using a clear APY–maturity–risk framework to lock fixed carry across a tenor ladder. Entry is gated by hard checks – protocol/market allowlists, pool-depth floors, TWAP/oracle-parity bounds, expiry windows, and concentration caps – with NAV and TVL fully on-chain.
Outperformance versus going directly to Pendle comes from disciplined fixed-rate capture and automated rotation: 20% of TVL is allocated with a lower threshold to opportunistically secure higher APYs, while 80% sits in deeper, more stable PT pools with stricter thresholds for consistent fixed yield. The agent continuously scans new PTs, depth, spreads, oracle drift, and expiries, and only reallocates when expected extra carry minus slippage and gas clears a set bar. Redemptions burn âtvPTmax shares for USDC, with âTARS unwinding proportionally from PTs under the same policy checks, giving LPs a single entry/exit point into an actively managed Pendle PT ladder.
Know more >
Last updated