This @Theo_Network S2 points have really got me puzzled and confused.
They canceled the S1 vault. Now let's see what ways we can earn points.
1. Directly holding thbill, 200u, with a weekly minimum of 100 points.
2. Providing liquidity (usdc-thbill), this is also simple, definitely better than just holding coins, with a 1.5x bonus only on the eth chain and @arbitrum chain. Surprisingly, there’s no bonus for Pendle's LP here.
3. Doing yt, the point bonus data is still being tested. His yt buys 200, with a daily withdrawable interest of 1u. However, the official hasn’t given any separate bonus for yt.
4. This part gets complicated,
Hyper chain's HypurrFi, Hyperdrive, Felix, hyperbeat,
@arbitrum's morpho, euler,
All have unknown data, and I must admit I haven't used many of these platforms, but I assume they should be similar to euler and morpho in terms of point rewards. I don't have the energy to test each one individually. I'll think about how to gather data and calculate it later.
So, Theo hasn't provided separate incentives for YT and YT's LP, but has incentivized borrowing related to YT and PT, which means leveraging to go long or short on yt, with PT incentives.
Encouraging users to leverage and play with yt and pt.
Overall, the project's TVL is large enough, and the gameplay is quite complex. There are definitely experts operating here. The average person can just try method 1 and get the minimum points.
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