【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as tsTON directly in the front-end interface into: (1) PT (Principal Token): represents the principal, which can be withdrawn 1:1 at expiration after locking; (2) YT (Yield Token): represents all future earnings portions.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: