Roll-down — Fixed Income in Decentralized Finance | TheNode.pro

Group Coaching
Learn
Community
Intel Library
Private Coaching

🏛️

Fixed Income in Decentralized Finance

Roll-down

🏛️

Fixed Income in Decentralized Finance

Course Overview

What fixed income is here

1A maturity is the point

2The words on a bond

3What a bond ladder is

4Why ladders exist

TradFi shapes

5Hold to maturity

6The ladder, as a strategy

10A credit spread against a benchmark

The same shapes in DeFi

11A ladder becomes several PT dates

12A barbell only if both docs are live

13A bullet is one PT maturity

14Roll-down is a sale in the pool

15Credit versus a variable benchmark

16A floating-rate note is variable supply

Pendle

17SY, the wrapper

18PT, YT, and the parenthesis

19Where the zero-coupon analogy stops

20Discount and implied yield

22YT is not the fixed leg

What you must not stack

23Do not add the underlying APR to the implied yield

24Ethena, unresolved

25Other claims, or cut the row

26A naked PT versus posting it

The ladder on the policy

27The maturity ladder on the policy page

28Kill criteria

Loading lesson...

Learn

Free course library Intro to DeFi

Offerings

Source Room Intel Library Group Coaching Private coaching

Account

Log in Account Contact

Resources

Be a guest on the show Privacy Terms YouTube Legacy Discord

Educational disclaimer: The Node is for education only. Nothing here is financial, investment, legal, or tax advice, or an offer to buy or sell any security or token. You keep self-custody of your assets. No guaranteed outcomes. Digital assets involve substantial risk; you are responsible for your own decisions.

© 2026 The Node. All rights reserved.