Zap into a Pendle Yield Token pool with ETH on Arbitrum
This use case allows a user to enter a Pendle pool to speculate on or hedge against yield from a liquid restaking token.Try this route →Route mechanics
This is a two-step bundle that:
Swap native ETH to weETH using odos protocol on Arbitrum
Deposit weETH into Pendle SY protocol to receive the Pendle Yield Token position
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const ETHEREUM_CHAIN = 1;const BERACHAIN_CHAIN = 80094;const PLUME_CHAIN = 98866;const ARBITRUM_CHAIN = 42161;const userAddress = "0xd8da6bf26964af9d7eed9e03e53415d37aa96045" as Address;/** * Zaps ETH into a Pendle Yield Token pool for weETH on Arbitrum. * @returns The route and transaction objects. */export async function earnEthToPendleYt() { const ETH: Address = "0xEeeeeEeeeEeEeeEeEeEeeEEEeeeeEeeeeeeeEEeE"; const SY_weETH: Address = "0xa6C895EB332E91c5b3D00B7baeEAae478cc502DA"; const amountIn = "1000000000000000000"; const routeParams: RouteParams = { fromAddress: userAddress, receiver: userAddress, chainId: ARBITRUM_CHAIN, amountIn: [amountIn], // 1 ETH tokenIn: [ETH], tokenOut: [SY_weETH], routingStrategy: "router", }; const route = await client.getRouteData(routeParams); await sendEoa(route.tx, route.gas); return route;}