That is what Sky (the rebranded MakerDAO protocol behind USDS) just put on the table by wrapping sUSDS yield through Pendle. The interesting question is whether you care about the 158 bps, or whether you care about why the 158 bps exists at all.
A quick note on terminology for those less familiar. sUSDS is the staked version of USDS that earns the Sky Savings Rate (SSR). Pendle is a yield-tokenization platform that splits a yield-bearing asset into a principal token and a yield token, so buyers can lock in a known rate to maturity.
Structure
The 5.33% is the live market quote on Pendle. It moves with demand, so the rate you actually transact at could be higher or lower.
Whatever rate you deposit at gets fixed for the duration. No reset. Maturity is November 26, 2026.
