from coinfoin twitter,
$STRC pays dividends twice a month: on the 15th and the final day of the month (the 30th or 31st)
Dividends distributed to on-chain $STRCx holders on Pendle are based on the snapshot date, not the average holding period.
As a result, when the underlying yield is distributed, the annualized yield can temporarily spike from the usual 11–12% to as high as 600%.
Just like in TradFi, the asset price and implied yield (IY) tend to rise ahead of the snapshot date as dividend and yield hunters enter the market.
The best time to become a yield hunter is during the days leading up to the snapshot, before IY starts rising.
If you understand the pattern, you can trade YT or PT and potentially profit from it.
Join xStocks here:
defi.xstocks.fi/points?ref=COI…
Pendle STRCx:
app.pendle.finance/trade/markets/…
