🎓Fixed Rates
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You may encounter various verbs that describe this action, such as fixing, locking in, or securing APY.
Here, you can convert your crypto, such as USDT, into Principal Tokens (PT), which encapsulate a fixed yield until the end of the period, marked as Maturity.
The upper section displays essential details of the pool used for the exchange, covering the intFew readers🎓Claim Accrued Yield
Users holding Yield Tokens with any amount of claimable yield can access this module. Accrued yield can be claimed anytime, before and after the YT's expiry date.
Below is a simple example of a YT position with accrued and claimable yield.
In this case, since no yield has ever been claimed on YT, the Total Accrued Yield and Claimable Yield display the same values.
UsersFew readers🎓Sell Principal Tokens
This module lets you sell Principal Tokens (PTs) before maturity. You can find it by navigating to Portfolio, under the PT tab, locating your PT position, and clicking on the Manage button. A drop-down menu will appear—simply select the Sell PT option to open the following module.
The module's top area provides information about the PT's pool pair, the associated pooFew readers🎓Create Pool
Creating a pool on Spectra is completely permissionless.
In the top section of the module, you are presented with 3 areas for key ingredients required to create a pool - an interest-bearing token, Target APY, and maturity date.
The first input Select iBT allows you to select a compatible interest-bearing token (iBT) from your wallet, which will serve as the pool'sFew readers🎓Trade Yield
Here, you can convert your crypto, such as USDT, into Yield Tokens (YT), which encapsulate the right to the future yield of the corresponding interest-bearing token.
In the top area, you will find the essential details of the pool used for the exchange, including the YT's expiry date and current liquidity.
The tabs below, Buy / Sell, change the intent of the desired actiFew readers🎓Add Liquidity
After selecting the pool where you want to provide liquidity, you'll see the following:
In the upper section of the module, you will find the essential info:
Pool identifier alongside the pool's address
The pool's expiry date
Current liquidity expressed in $USD
You can choose an underlying token (e.g., USDT) or its Interest-Bearing Token (e.g., aUSDT) in the inpuFew readers