> ## Documentation Index
> Fetch the complete documentation index at: https://docs.infinifi.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# Pendle Liquidity Transfer

> Walkthrough for Pendle liquidity providers migrating to infiniFi

## Pendle liquidity transfer walkthrough

This guide helps existing Pendle liquidity providers understand how to transfer their positions to infiniFi.

## Overview

infiniFi integrates with Pendle as one of its illiquid farm strategies. If you're currently providing liquidity on Pendle, you can migrate your position to infiniFi to benefit from the fractional reserve amplification.

## Resources

<CardGroup cols={2}>
  <Card title="Pendle LPers Rollover Guide" icon="book" href="#step-by-step-migration-process">
    Detailed guide for rolling over Pendle LP positions
  </Card>

  <Card title="Video Tutorial" icon="video">
    Coming soon - video walkthrough of the migration process
  </Card>
</CardGroup>

## Key Concepts

### Why Migrate?

infiniFi's fractional reserve system allows your Pendle position to earn amplified returns by:

1. Combining your illiquid position with liquid deposits
2. Applying duration-matching to maximize capital efficiency
3. Distributing returns according to a time-weighted multiplier

### Duration Matching

When you lock iUSD for a specific unbonding period that matches Pendle's maturity timeline, you help infiniFi efficiently ladder its balance sheet while earning premium returns.

<Card title="View Whitepaper" icon="file" href="/whitepaper">
  Learn more about duration matching and fractional reserve mechanics.
</Card>

## Step-by-step migration process

### Before you start

The new iUSD Pendle market offers better efficiency and opportunities for LPers. If you originally used Keep YT mode, this transfer should result in little to no slippage. Enable Keep YT mode for the target pool before you begin.

### 1. Access the old iUSD market

[Open the old iUSD Pendle market](https://app.pendle.finance/trade/pools/0x6524421041a33a559831a6d305936361b6e4d217/zap/in?chain=ethereum).

### 2. Use Pendle's transfer feature

Use Pendle's built-in transfer liquidity feature instead of manually selling and rebuying your position.

**Why transfer instead of selling manually?**

* Price-impact-free YT and PT redemption
* Capital-efficient handling of the remaining position at the current market rate
* No need to sell YT upfront

### 3. Configure the transfer

Set both the YT and LP positions to transfer. Select the target pool and enter `0x3d39e4d42b3f6b493ee52ad5a0d8cb222f03f152`. Then enable **Keep YT mode** to reduce price impact in the target pool.

<img src="https://mintcdn.com/infinifilabs/ylY1UzM4rTopVut1/pendle-liquidity-transfer/pendle-rollover-target-market-selection.png?fit=max&auto=format&n=ylY1UzM4rTopVut1&q=85&s=d2da686caa19553a4e87f4ff130198b2" alt="Pendle rollover target market selection" width="1280" height="458" data-path="pendle-liquidity-transfer/pendle-rollover-target-market-selection.png" />

<img src="https://mintcdn.com/infinifilabs/ylY1UzM4rTopVut1/pendle-liquidity-transfer/pendle-rollover-keep-yt-mode.png?fit=max&auto=format&n=ylY1UzM4rTopVut1&q=85&s=34e1156f42f28c1ea70b3b46fde1f1e9" alt="Keep YT mode enabled" width="402" height="52" data-path="pendle-liquidity-transfer/pendle-rollover-keep-yt-mode.png" />

Keep YT mode enabled. This is crucial for avoiding a large impact on IY when you enter the new market.

<img src="https://mintcdn.com/infinifilabs/ylY1UzM4rTopVut1/pendle-liquidity-transfer/pendle-rollover-transfer-configuration.png?fit=max&auto=format&n=ylY1UzM4rTopVut1&q=85&s=b4cce41f1b3e8eec5ff125e869cd741e" alt="Pendle rollover transfer configuration" width="400" height="952" data-path="pendle-liquidity-transfer/pendle-rollover-transfer-configuration.png" />

### 4. View your position in the new iUSD market

[Open the new iUSD Pendle market](https://app.pendle.finance/trade/pools/0x6524421041a33a559831a6d305936361b6e4d217/zap/in?chain=ethereum) to view your transferred position.

## For large LP positions

* This is especially important for positions that initially used Keep YT mode.
* The transfer feature handles the migration automatically.
* You do not need to sell the YT portion beforehand.

## What happens during the transfer

1. Pendle automatically redeems YT and PT without price impact.
2. It handles the remaining position at the current market rate.
3. It redeploys your position into the target pool.
4. Keep YT mode maintains your yield strategy.

## Technical notes

* **Network:** Ethereum mainnet
* **Gas optimization:** The transfer is bundled into one transaction.
* **Slippage protection:** Pendle builds it into the transfer flow.
* **Position continuity:** Keep YT mode maintains your LP strategy and helps prevent large impacts on IY.

## Support

If you need help with the migration, contact the infiniFi team.


This documentation is built and hosted on [Mintlify](https://mintlify.com), a developer documentation platform.