The incident of receiving $8000 in interest from Pendle YT in just 9 days.
There is an on-chain Pre-IPO platform called @ventuals.
It's a project based on the hyperliquid HIP-3, and starting tomorrow, a point program will begin, but you can already invest as a Ventuals Liquidity Provider, or VLP.
The $5000 YT I bought has turned into a principal of $3800 + interest of $7888 in just 9 days.
The reason for this, sadly, is the massive crash last Saturday morning...
VLP: Like HLP, it helps with Ventuals market making, and when HIP-3 launches, trading on Ventuals will start, allowing for commission earnings.
Until then, it will be deposited in hbUSDT.
hbUSDT is HyperbeatUSDT, utilized across various HyperEVM ecosystem protocols, allowing for point + APR earnings.
And the YT-wVLP I bought is YT of this VLP, so in its current state, it feels like YT-hbUSDT.
The Pendle website also states that YT-wVLP does not provide Ventuals points.
Anyway, the composition of hbUSDT includes Theo, Hyperlend, Felix, etc., but the largest share, 66.48%, is Hyperliquid, and HLP is 25.97%.
So that interest income was just HLP income.
On the 10th, when the coins crashed because of Trump, the money I got liquidated just went back to me as HLP income...
The massive coin crash is very painful, but at least that position itself generated profit, so I will sincerely throw a punch at Ventuals..
The biggest goal is the Ventuals points, and it seems that I can accumulate points through HYPE staking, vHYPE, starting at 00:00 on October 17th. I need to hedge and stake at the writer.
Also, they say that until 500,000 HYPE is deposited, users who deposit more than 100 HYPE will receive the Ventuals Genesis NFT, so I must get this...
Moreover, the point distribution gives 5M in the first week, and then 1M every week thereafter, so I think I must start from the first week. The longer you stake, the more benefits there are for VLP holders, Hypurr holders, and testnet users, so do well.
Show original
6.2K
34
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.