Some takes on the @ConcreteXYZ @stable farm / vault: - After the vault was instantly filled by the early whale, there is clearly plenty of demand to get in. People are paying $1.1 for a $1 deposit in the vault (was 1.15 earlier!) - Pendle PTs are pricing it at 250% APY fixed for 20 days. Meaning vault depositors could give up all their stable points for 20 days in exchange for 2.5% more tokens (insane, but still not as insane as XPL was) - The team announced that they're going to re open the vaults... this time with a max per wallet, notice period, etc. This all likely increases the demand as depositors can instantly dump for 10% more or buy the PTs. - It's cool that all the USDT went into morpho, means those stables arent sitting around sleepy and the rest of defi can enjoy borrowing them / using them elsewhere (until stable launches I guess?) - According to the concrete site, the vault unlocks December 13th... so there's still points / yield to be earned after the pendle expire in late nov. Overall there's clearly tons of demand here. Farmers really want to get exposure to stable points and because there's no other venue, they're willing to pay a premium Note: dcf cap seeded concrete and is farming stable

Yo @MorphoLabs @gauntlet_xyz Can we borrow against ctStableUSDT on morpho? Gauntlet can lend the usdt vault depositors just sent it 😂