Question 1

What is mochiyeild?

Accepted Answer

mochiyeild is a yield trading protocol on Uniswap v4 that splits yield-bearing assets like wstETH into Principal Tokens (PT) and Yield Tokens (YT), so you can trade future yield without selling the underlying asset.

Question 2

What are PT and YT tokens?

Accepted Answer

Principal Tokens (PT) represent fixed-income exposure redeemable at maturity. Yield Tokens (YT) represent future yield accrual until maturity and can be traded independently for yield speculation.

Question 3

How does the MochiYieldHook work?

Accepted Answer

The MochiYieldHook enforces three layers on every swap: implied rate bounds to block negative-yield trades, maturity-aware fee decay as expiration approaches, and cross-pool PT/YT parity monitoring against the underlying price.

Question 4

Can I deposit wstETH on mochiyeild?

Accepted Answer

Yes. Deposit wstETH into the mochiyeild vault to receive equal amounts of PT-wstETH and YT-wstETH. After maturity, redeem PT 1:1 for underlying wstETH.

MOCHI YIELD