A pool holding a stock token collects the stock's dividends and can't hand them to anyone. This pool holds the principal token instead, so there is nothing to leak, and you hold the yield token: every dividend the stock pays until the date. Same swap fees, same price exposure, plus the dividends. First pool: pPFE / USDG, PFE paying about 6% a year.
The contract behind this page is in review by our auditors and has not yet been signed off. It holds nothing between transactions and every approval it asks for is the exact amount of that one transaction. Use amounts you are comfortable with until the review lands.
pPFE / USDG on the 0.05% tier, in your wallet as an NFT. Earns swap fees like any position. Same price exposure to PFE as a PFE/USDG position, since pPFE tracks PFE at a small discount that closes to zero on 31 Dec 2027.
One per pPFE you placed. It collects every PFE dividend until maturity, paid in PFE at the date. Hold it, or sell it in the yPFE/PFE pool for the dividends up front. You need it back to merge to whole PFE when you leave.
Price risk is the same as any PFE/USDG position. yPFE goes to zero after maturity if not redeemed. This contract is new and in review. Nothing here is investment advice.