This @Theo_Network S2 points system is frying my brain, I’m so confused. They canceled the S1 vault. So let’s see what ways we can earn points now. 1. Simply holding thbill: 200u gets you 100 points per week as a base reward. 2. Providing LP (usdc-thbill): This is straightforward too, and definitely earns more than just holding tokens. Only the ETH chain and @arbitrum chain have a 1.5x multiplier. Surprisingly, there’s no bonus for pendle LPs here. 3. Doing YT: The point multiplier data is still being tested. For YT, if you buy 200, you get 1u of withdrawable interest daily. But there’s no specific bonus for YT itself from the official team. 4. Now it gets complicated: - Hyper chain’s HypurrFi, Hyperdrive, Felix, Hyperbeat - @arbitrum’s Morpho, Euler All of these have unknown data. Honestly, I haven’t used many of these platforms, but I assume they’re similar to Euler and Morpho in terms of point rewards. I don’t have the energy to test them all one by one. I’ll think about how to calculate the data later. Basically, Theo isn’t giving specific incentives for YT or YT LPs. Instead, they’re incentivizing lending related to YT and PT, meaning leveraging long or short on YT and PT is rewarded. They’re encouraging users to leverage up and play with YT and PT. Overall, the project’s TVL is big enough, and the mechanics are complex enough to be brain-melting. There are definitely pros out there mastering this. For us mere mortals, we can just try method 1 and grab the base reward.