According to @EmberCN, Plume’s tokenized vault platform Nest has listed the institutional-grade strategy vault Nest Basis nBASIS on Pendle on the Ethereum mainnet, enabling users to access the vault’s yield directly on ETH. Source: @EmberCN on X. According to @EmberCN, the nBASIS vault runs a market-neutral allocation with roughly 75 percent in crypto basis arbitrage and 25 percent in U.S. Treasuries, targeting stable on-chain yield. Source: @EmberCN on X. According to @EmberCN, Pendle’s yield splitting allows low-risk investors to buy PT to lock fixed returns, while higher-risk investors can buy YT for variable returns. Source: @EmberCN on X. According to @EmberCN, current demand may skew toward YT because Nest issues PNP points to YT holders, adding expected airdrop value on top of yield. Source: @EmberCN on X. According to @EmberCN, this nBASIS listing is positioned as a trial, and if market reception is positive, Nest could onboard more compliant tokenized vaults sourced from traditional institutions. Source: @EmberCN on X.