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Sense

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Category: Derivatives

Description

Sense provides an interface for yield trading and fixed-rate strategies. Users can buy Yield Tokens to take long positions on future yields or Principal Tokens to take short yield positions and hold them to maturity for a fixed APY. It also supports liquidity provision to Space AMM pools for variable yield and trading fees. The rendered notice states that the Sense Project was winding down and its UI would be deprecated in Q4 2023, with users advised to withdraw remaining funds by December 1, 2023.