It might be a good way to earn points for free in the @ResolvLabs S2 season—by buying YT-Rlp on @pendle_fi 🎯 1️⃣ First, let's take a look at the APRs of Pendle and Resolv. - The Implied APY of YT-Rlp on Pendle = 16.57% "cost" - The 7-day APR of RLP on Resolv = 22.87% "underlying yield" Note: Holding YT-Rlp also earns 30 Points/YT-Rlp/day. From this, it can be seen that as long as the underlying yield of Rlp can maintain above 16%, it is almost possible to earn Resolv points for free. 2️⃣ So, can the yield of Rlp be sustained? In the Resolv protocol, the past 30d/1y/All APRs of Rlp are: 16.49%/16.85%/17.3%. It seems that this APR is relatively stable, and it appears that it can indeed achieve risk-free point mining. 3️⃣ So, is this APR real? With a pragmatic approach, I spent 1500 u to purchase 83,437 YT-Rlp (which represents the yield obtained from depositing 83,437 Rlp in Resolv 🉐). After one day of farming, I currently earned 43.9 Rlp on Pendle, calculating that this underlying APR = 43.9×365/83437 = 19.2%. In fact, this is slightly lower than the APR displayed on Resolv, but slightly higher than the Implied APY "cost", which feels acceptable. 4️⃣ How much point value can YT-Rlp generate? Currently, this pool has 41 days left, so the points generated will be: 83,437 x 30 x 41 = 102,627,510. The S2 season lasts from 5.9 to 9.9 for 4 months, with an airdrop of 40 million $RESOLV, and the total points are currently 1.14 T, estimated to be around 1.8T by the end. Estimated airdrop obtained: 102,627,510 / 1.8T x 40 million ≈ 2266 $RESOLV 5️⃣ Will good things happen to me? Where's the risk? Personally, I feel that the main risk lies in whether the underlying yield rate of Rlp can be sustained. If it can maintain above 16.5% during these 41 days, then it can be achieved for free.