Points Market Q&A
Q1: Why can I get such a high fixed yield?
A: This excess return is essentially a "points premium" paid to you by YT buyers. They are willing to pay a premium now for a chance at a potentially large future reward. By holding PT (effectively selling YT), you convert this uncertain opportunity into a guaranteed, high yield.
Q2: How are points calculated? Do I get a points boost?
A: Yes! Project partners typically offer a points Boost (multiplier) to Nemo's YT holders. For example, if a project offers a 3x Boost, holding 1 unit of YT will earn you 3 times the points of directly holding 1 unit of the underlying asset. The specific multiplier is clearly displayed on each asset pool's page.
Q3: What does the expiry date for PT and YT mean?
A: The expiry date is a pre-set date for each pool. On this date, PT can be redeemed 1:1 for the principal asset, and the right of YT to generate yield and points terminates. You should always check the expiry date before transacting.
Q4: Why does YT provide points "leverage" or a "boost"?
A: Because the price of YT is significantly lower than the price of the underlying asset it represents. For example, one xSUI might be worth $100, while YT-xSUI might only cost $5. By spending $5, you acquire all the points generated by $100 worth of xSUI, effectively achieving 20x points efficiency. Any additional Boost from the partner (e.g., 3x) further amplifies this effect.
Q5: What if I want to exit my position early?
A: Of course! Nemo is a fully open market.
PT Holders: You can sell your PT on the "Trade" market at any time before expiry to regain liquidity.
YT Holders: You can sell your YT on the market at any time.
LP Providers: You can remove your liquidity and reclaim your two tokens at any time.
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