【Must-see for the Tun Coin Party: How to use FIVA to cash out your earnings in advance?】 】
In the previous article, we talked about the YT (revenue note) gameplay in the #FIVA protocol (@FivaProtocol), and many friends said that it was indeed novel, but some people also asked - is there any suitable way to play for "coin hoarders" or conservative players like us who like to $TON?
The answer is: Yes! And it's especially for you.
In today's article, we will talk about another way to play FIVA - only hold PT to realise early income realisation.
1. Do you have assets, but lack liquidity?
In #TON生态, many people like to pledge their assets into income assets such as tsTON and tgUSD. These assets generate yields over time, but one problem is that the yields don't come back until they expire.
This isn't kind to people who need liquidity: you have earnings in your account, but you can't use them.
FIVA offers a solution – to package future earnings in advance and turn them into "cash flow" that can be circulated.
2. How does FIVA realise early revenue realisation?
The steps are actually very simple, directly split the income assets such as tsTON directly in the front-end interface into:
(1) PT (Principal Token): represents the principal, which can be withdrawn 1:1 at expiration after locking;
(2) YT (Yield Token): represents all future earnings portions.
Although the underlying technology is to convert SY (Standardized Yield Certificate) into SY first, and then split, this process is completely automatic and hidden for users, you only need to click "one-click split", you can directly get PT and YT assets.
That is, you "separate" future earnings and package them into a tradable token (YT).
And the PT you have left in your hand is the principal that you are sure you can get back.
3. Case Study: How to Disassemble 100 tsTONS?
Let's say you have 100 tsTON now, and you can expect it to be 115 TON (including earnings) in a year.
You split through FIVA and get:
(1) 100 PT-stTON (means that you can get back 100 TON principal in the future);
(2) 100 YT-stTON (representing the right to the 15 TON earnings).
(Note that 100 here is just an example, and the actual split will have a set of algorithms to ensure that it is reasonable for people to participate in the same period and at different times)
If you're in dire need of cash flow right now, you can choose:
👉 Sell YT to a buyer in the market, e.g. for 6 TON.
Then you have cashed out 9 $TON in advance, and you can also get back your principal of 100 $TON at maturity.
Final Gain = 9 $TON (Gain from Early Selling) + 100 TON (Principal Recovered at Maturity) = 109 TON
It's a little less than the full payout of 115 $TON, but you get the money early and can continue to participate in other opportunities or be flexible.
Even if you have a large amount of funds, you can stake $TON of the proceeds again to circulate.
4. Who is this game suitable for?
(1) Tun Coin Party
If you're the kind of tsTON player who "holds for a long time and doesn't move easily", this method is perfect for you - the principal remains locked, and the proceeds are sold for cash first, so why not?
(2) Conservative investors
I don't like fluctuations, I don't want to bet on the high and low returns, just a stable principal. This is the user portrait of #FIVA's PT ticket adaptation.
(3) DeFi players who need liquidity
If you have income but temporarily lack $TON, exchange YT for some money, which will not affect the long-term holding plan.
Fifth, several points need to be paid attention to
(1) YT is a complete representation of future returns, and once you sell, you will not be able to participate in the dividends of income fluctuations.
(2) The price of YT in the market is volatile, and it may sell high or low, depending on the market's expectation of future returns.
(3) PT is a stable asset that does not participate in market fluctuations, but it does not have additional income.
6. Summary: Low risk also has a smart way of operation
In the DeFi world, it is not only about high leverage and aggressive returns, but also a smart way to manage your assets by splitting the income and principal reasonably and improving the liquidity of your assets.
For those who are accustomed to staking assets and looking for stability, #FIVA's PT model provides a very useful new tool.
@FivaProtocol #FivaProtocol
~~~Next 🔸 Trailer 🔸~~~
We'll focus on how PT plays: "How do LPs eat double-headed?" High-level gameplay of mining while making a market》
~~~Experience 🔸 it now 🔸~~~
If you can't wait to experience #Fiva, you can:
(1) TG version:
(2) Web version:
How much is YT worth? FIVA's Hidden Wealth Code】
Recently, many people have asked me, what is the value of the bill called YT in the #FIVA? Why does someone collect it? It seems so risky, is it worth buying?
Today we're going to talk about that. This is the second instalment in the FIVA series, and we focus on one important point: How is YT priced? How to play to have a chance to earn money?
1. What is YT?
In a word: YT (Yield Token) is a ticket that represents your "future earnings".
It's just that the ticket price of this ticket is floating, and the face value of the ticket is known in the future.
In FIVA, users deposit yield assets such as tsTON, tgUSD, EVAA USDT into the protocol, which will be packaged into SY (system internal operation, the frontend is hidden), and then split into two bills:
(1) PT (Principal Token): It only represents the principal, determine how much you can get back;
(2) YT (Yield Token): represents all returns, and the real uncertainty is hidden here.
2. How much is YT worth?
YT is the most core trading asset in FIVA, and its value depends entirely on "how much you think you will make in the future".
Let's take an example: let's say you stake and get 100 tsTON, which is expected to be 10% annualised, and after 1 year, it will become 115 $TON.
You mint out in FIVA:
(1) PT-tsTON (fixed value: 100 $TON)
(2) YT-tsTON (future value depends on actual returns)
At this time, you want to sell YT and cash out in advance, the question is: how much should YT be worth?
The answer is: this is not determined by the agreement, it is the market game.
3. YT's price fluctuation logic
YT is like a "stock with income", its price will be affected by many factors, such as:
(1) Time remaining: The closer to expiration, the closer the price of YT is to the profit it can eventually redeem;
(2) Expected annualised rate of return: The higher the return of the underlying asset (such as tsTON, tgUSD, EVAA USDT), the more valuable YT is expected;
(3) Current market price vs actual discounted value: the middle price difference is the arbitrage opportunity;
(4) FIVA Points / Protocol Points: Holding and trading YT of some assets (such as EVAA USDT) can earn FIVA Points and EVAA XP, which may be used for airdrops or platform incentives in the future;
(5) Large investor behaviour/herd effect: Some people buy or sell in large quantities, which will also affect price trends and market confidence.
So you'll see:
(1) Someone buys YT at a low price, as long as the maturity income exceeds the cost, it is a positive return;
(2) Someone sells YT in order to lock in the principal of PT and withdraw early;
There are also people who just want to rush to the FIVA points leaderboard, participate in YT trading and do LP.
(3) It is also important to note that some YT holdings may also be eligible for short-term investment, which is part of the value composition of YT.
4. How to play YT to have a chance to earn?
YT is a typical "high risk, high return" asset that is suitable for the following types of players:
(1) People who are optimistic about the prospects for earnings
If you judge that the income of a certain asset is stable or will rise in the future, then buy YT and the profit will increase.
(2) People who like to bet on odds
The price of YT is sometimes very low, for example, 1 TON income is only sold for 0.2 TON, and you can earn 4~5 times when you bet on the right one.
(3) People who are good at capturing market sentiment
See the price changes in the pool, trade arbitrage quickly, and earn a wave of liquidity opportunities and points.
(4) A person who does a medium-term "bid-ask spread".
Buy YT in anticipation of an upswing and sell it to later buyers when sentiment warms up.
5. Summary: Is YT an opportunity or a trap?
YT is not an "airdrop ticket", it is a tokenised expression of real earning rights.
It is precisely because it does not guarantee returns, fluctuates greatly, and the price is low, so it is a natural space for trading, speculation, and arbitrage for masters.
#FIVA innovation lies in turning "income attribution" into a tradable asset.
You no longer need to pledge assets and other earnings, but can directly trade "future income rights".
For people who are willing to take risks, understand logic, YT itself is one of the most interesting and straightforward alpha channels in the crypto world.
@FivaProtocol , #FivaProtocol
~~~The 🔸 first part of the review 🔸~~~
~ The most noteworthy DeFi protocol in the Ton ecosystem, how to play FIVA?
~
~~~Next 🔸 Trailer 🔸~~~
We will focus on how to play PT: "Tun Coin Party Sneaking Skills: How to Use FIVA to Realize Future Earnings in Advance?" 》
~~~Experience 🔸 it now 🔸~~~
If you can't wait to experience #Fiva, you can:
(1) TG version:
(2) Web version:
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