Pendle Principal Tokens (PTs) on Aave

Let's say you're holding PT sUSDe November and you're looking to leverage it multiple times to increase how much you'll be claiming once the maturity date hits.

This is all done in a single transaction by:

• Flash loaning the debt asset

• Swapping the debt asset for the PT

• Supplying it to Aave

• Borrowing more of the debt asset

• Repaying the flash loan

The first step would be to navigate to the Aave dashboard in the sidebar:

From there, click the "Create" button to get started, and press the "Leverage" tab:

Once you're on the Leverage screen, you'll be able to:

• Choose the collateral asset

• The collateral amount

• Select the leverage amount

• Select the debt asset

• The debt amount

• The Exchange route

• Tick the E-Mode checkbox

• Set the slippage limit

On the right-hand side, you'll be able to see all the projections and details of your position before opening it.

If everything checks out, press the "Create" button.

If the transaction is successful, you'll be met with a success pop-up window. You'll have the option to check out our Automations, but if that's not currently relevant to you, simply press "Done".

You'll now see your position's real-time details, along with all of the relevant security metrics.

From here, you'll also be able to access our Boost & Repay features.