These past few days, @Theo_Network’s official Twitter hasn’t been updated, and the hype around thBILL has also cooled off a bit. As of today, thBILL’s TVL has reached 26.3M, with a 24H trading volume of 100M. The implied APY is now at 2.09%, firmly holding a top-three spot on @arbitrum. A week ago, the YT-thBILL multiplier was still at 59x, but today it’s already up to 80x. For those yappering about farming Theo, don’t forget the minimum 100-point threshold for another earn opportunity. You can consider buying a bit of Y and holding it for a week. PT’s annualized return is 13%, pretty standard. I’ve written before about thBILL’s background—its underlying fund is U.S. Treasury bonds, so there’s basically no risk of negative returns. A few days ago, the APY peaked at 20% and has since dropped all the way down to 13%, with a low of 12%. Note that YT still has 37 days until maturity. It’s best to sell before the maturity date and after the interest payment date. For those who don’t want to buy YT or PT-thBILL, if you’re feeling bold, you can head over to @MorphoLabs and @eulerfinance to play around with staking and looping loans. On Euler, you can use PT as collateral to borrow USDC/USDT0/thBILL. On Morpho, you can use PT and thBILL as collateral to borrow USDC. This means you can go long or short on YT and PT. These actions will also increase your platform points. The interest rate for borrowing USDT0 on Euler is relatively low.