Today, @ Arbitrum's drip activity has entered its sixth season, and I have previously written about the fifth season's lending related to @ TheoN_Network's stablecoin thbill Although this issue has not changed in general, there are still some subtle differences If you haven't heard of the fifth season, you can move on to my previous tweet: https://(x.com)/maid_crypto/status/198431860984637000? s=20 ATBitrum has clearly stated that this season's main focus is on DeFi activities on the E-chain, so the rewards for DeFi activities on the Arbitrum chain have decreased this season In the fifth season, there will be a 120K ARB reward for the deposit and loan activity of the theme "Borrow USDC on Morpho from any eligible markets", with an annualized reward of 0.62% and a daily reward of up to 2.5kU And this issue only has 55k ARB rewards with an annualized rate of 0.42% and a daily reward of 1.04kU Everyone knows that the yt and pt expiration dates for thbill are on the 27th, while the deadline for Arbitrum this season is on the 26th. It's really comprehensive and takes care of Theo users Figure 1 shows the relevant data of thbill/usdc in the fifth quarter of Drip: total liquidity is 14.18M, total market size is 66.98M, and the annualized borrowing is still relatively low at 6.85% Figure 2 shows the relevant data of thbill/usdc in the current sixth quarter of Drip: total liquidity of 6.18M, total market size of 34.29M, annualized borrowing of 9.53%, an increase of 50% compared to the previous period, and the exchange rate of thbill/USDC in the sixth quarter has also become 1.01 Last season, I read my tweet about saving THBill and borrowing USDC. Friends who want to borrow USDC can repay according to their situation. Currently, adding USDC to the pool is also a good choice Not only has the daily reward of ARB been reduced by half, but TVL has also been reduced by half. Are these two linked?