🔶🍪🔶🍪🔶🍪🔶----🍜 I started joining @cookiedotfun + @sparkdotfi quite early on, and now I'm finally slowly ranking up to 6th. Although I didn't receive the #cookiedotfun airdrop, I met many new friends during this time. To be honest, my content may not be as professional as many big names, so during this process, I am learning more diverse creative content~ At least at this stage, I consider it a gain of quite a bit of creative content + learning experience + managing Twitter. Of course~ I still hope to receive the rewards I deserve in the future 😁 ╭─────✦✦─⋆⋅☆⋅⋆───╮ 👇 Okay, let's get back to today's main topic👇 💥 Spark is taking direct action against bad actors 👊 Recently, some people have been using some tricks on @sparkdotfi Pendle, buying YT and PT with USDS at the same time, which is essentially just "duplicating" their positions and hanging them there to farm Spark Points. This kind of play has basically no practical use value, it's purely to farm points. Spark has also announced that this kind of gamification behavior that occurs after 6/3 will directly cut rewards and even confiscate points to protect normal participating users. ╭─────✦✦─⋆⋅☆⋅⋆───╮ 💥 Now, let's talk about why everyone is going to Pendle to play with USDS? I actually mentioned this in a previous video tutorial. It's because Spark currently has a great bonus for USDS. As long as you deposit USDS into Pendle, you can simply do LP or buy YT-USDS, both of which give you 25x Spark Points, and there's also a 10% referral reward, which is a great option for point farmers. Some people might not know: what exactly are YT and PT? And is there any risk? — ✦ — ✦ 💥 Let me briefly explain: • PT (Principal Token): The principal part, representing the capital you locked in, can be withdrawn at maturity. Theoretically, it's more stable, but be careful, if the corresponding asset itself has issues (for example, if there are problems with the USDS mechanism), the principal is still at risk. • YT (Yield Token): The yield part, representing the interest income you will receive in the future. YT is like a preemptive "bet" on how interest rates will move next. If interest rates drop midway or demand changes, the price of YT may fluctuate significantly, even resulting in a loss, potentially going to 0. — ✦ — ✦ 💥 So: • PT risk leans towards "the stability of the asset itself"; • YT risk leans towards "how well interest rates perform", with greater volatility. Under normal circumstances, everyone can choose according to their risk tolerance, but if you want everything, like some people trying to "buy YT+PT at the same time" to farm rewards, this is the gamification play that Spark is currently cracking down on. ╭─────✦✦─⋆⋅☆⋅⋆───╮ 💥 If you want to participate, the process is very simple: • First, go to the Spark Points page: • Click "Buy" to jump to Pendle • Connect your wallet and deposit USDS • Approve, Confirm to complete farming points 👉 Or check out my previous video tutorial: 👉 A little reminder: don't exploit loopholes, just farm steadily and safely, don't end up losing more than you gain~ #spark #sparkfi