【Must-Read for Token Holders: How to Cash Out Your Earnings Early with FIVA?】
In the previous article, we discussed the YT (Yield Token) feature of the #FIVA protocol (@FivaProtocol). Many friends found it innovative, but some asked—what about us token holders who prefer to hold $TON or more conservative players? Is there a suitable strategy for us?
The answer is: Yes! And it’s especially suitable for you.
Today, we will talk about another way to use FIVA—holding only PT (Principal Token) to realize early earnings cash out.
1. Do you have assets but lack liquidity?
In the #TON ecosystem, many people like to stake their assets into yield-generating assets like tsTON and tgUSD. These assets generate returns over time, but one issue is: the earnings can only be released upon maturity.
This is not friendly for those who need liquidity: you clearly have earnings in your account, but you can’t access them.
FIVA provides a solution—packaging future earnings in advance into a tradable "cash flow".
2. How does FIVA achieve early earnings cash out?
The steps are actually quite simple; you can directly split yield assets like tsTON in the front-end interface into:
(1) PT (Principal Token): represents the principal, which can be retrieved 1:1 upon maturity;
(2) YT (Yield Token): represents all future earnings.
Although the underlying technology first converts it into SY (Standardized Yield), then splits it, this process is completely automatic and hidden from the user; you just need to click "one-click split" to directly obtain both PT and YT assets.
In other words, you have "separated" future earnings and packaged them into a tradable token (YT).
The remaining PT in your hands is the principal you are sure to recover.
3. Case demonstration: How to split 100 tsTON?
Assuming you currently have 100 tsTON, which is expected to turn into 115 TON (including earnings) in a year.
By splitting through FIVA, you get:
(1) 100 PT-stTON (representing the future recoverable 100 TON principal);
(2) 100 YT-stTON (representing the rights to the 15 TON earnings).
(Note: The 100 here is just an example; the actual split will have a set of algorithms to ensure that the rights of different participants in the same period are reasonable.)
If you urgently need cash flow, you can choose to:
👉 Sell YT to buyers in the market, for example, at a selling price of 6 TON.
Then you have cashed out 9 $TON early while still being able to recover your principal of 100 $TON at maturity.
Final earnings = 9 $TON (earnings sold early) + 100 TON (principal recovered at maturity) = 109 TON.
Although this is less than the full earnings of 115 $TON, you got the money early, allowing you to continue participating in other opportunities or manage your funds flexibly.
If you have a large amount of capital, you can even re-stake the earnings in $TON for further cycles.
4. Who is this strategy suitable for?
(1) Token Holders
If you are the type of tsTON player who "holds long-term and rarely moves", this method is very suitable for you—your principal remains locked, and you can sell the earnings for cash, why not?
(2) Conservative Investors
If you dislike volatility and don’t want to gamble on high returns, just wanting stable principal. This is the user profile for #FIVA's PT tokens.
(3) DeFi Players Needing Liquidity
If you have earnings but temporarily lack $TON, you can use YT to exchange for some cash without affecting your long-term holding plan.
5. A few points to note
(1) YT fully represents future earnings; once sold, you cannot participate in the fluctuations of the earnings.
(2) The price of YT in the market is volatile; it may sell high or low, depending on market expectations for future earnings.
(3) PT is a stable asset, not participating in market fluctuations, but it will not generate additional earnings.
6. Summary: Low Risk with Smart Operations
The DeFi world is not only about high leverage and aggressive returns; reasonably splitting earnings and principal to enhance asset liquidity is also a smart financial management approach.
For those who are used to holding assets and pursuing stability, the #FIVA PT model provides a very practical new tool.
@FivaProtocol #FivaProtocol
~~~🔸Next Preview🔸~~~
We will focus on the PT strategy: "How Does LP Eat from Both Ends? Advanced Strategies for Market Making and Mining"
~~~🔸Experience Now🔸~~~
If you can’t wait to experience #Fiva, you can:
(1) TG version:
(2) Web version:
【What is YT really worth? The hidden wealth code of FIVA】
Recently, many people have asked me, what is the value of the note called YT in #FIVA? Why do some people specifically collect it? It seems so risky, is it worth buying?
Today, let's talk about this issue. This is the second article in the FIVA series, and we will focus on one key point: how is YT priced? How can you play it to have a chance to make money?
1. What is YT?
In a nutshell: YT (Yield Token) is a ticket that represents your "future potential earnings."
However, the price of this ticket is fluctuating, and its face value will only be known in the future.
In FIVA, users deposit yield assets such as tsTON, tgUSD, and EVAA USDT into the protocol, which will be packaged into SY (an internal operation of the system, hidden from the front end), and then split into two notes:
(1) PT (Principal Token): represents only the principal, determining how much you can get back;
(2) YT (Yield Token): represents all the earnings, where the real uncertainty lies.
2. How much is YT really worth?
YT is the core trading asset in FIVA, and its value completely depends on "how much you think you will earn in the future."
Let's take an example: suppose you stake to obtain 100 tsTON, with an expected annualized return of 10%, after one year it can become 115 $TON.
You minted in FIVA:
(1) PT-tsTON (fixed value: 100 $TON)
(2) YT-tsTON (future value depends on actual earnings)
At this point, if you want to sell YT to cash out early, the question arises: how much should YT be worth?
The answer is: this is not determined by the protocol, but is derived from market dynamics.
3. The logic of YT's price fluctuations
YT is like a "stock of earnings," and its price is influenced by many factors, such as:
(1) Remaining time: the closer to expiration, the closer YT's price is to the final redeemable earnings;
(2) Expected annualized return: the higher the yield of the underlying assets (like tsTON, tgUSD, EVAA USDT), the more valuable YT is expected to be;
(3) Current market price vs actual discounted value: the difference in between is the arbitrage opportunity;
(4) FIVA Points / protocol points: holding and trading certain assets' YT (like EVAA USDT) can earn FIVA points and EVAA XP, which may be used for airdrops or platform incentives in the future;
(5) Whale behavior/herd effect: large purchases or sales can also affect price trends and market confidence.
So you will see:
(1) Some people buy YT at a low price, as long as the earnings at expiration exceed the cost, it’s a positive return;
(2) Some sell YT to lock in the principal of PT and exit early;
Others just want to climb the FIVA points leaderboard, participating in YT trading and doing LP.
(3) Another important point: holding certain YTs may also qualify you for airdrops, which is part of YT's value composition.
4. How to play YT to have a chance to earn?
YT is a typical "high-risk high-reward" asset, suitable for the following types of players:
(1) Those who are optimistic about earnings prospects
If you judge that a certain type of asset will have stable or rising earnings in the future, then buy YT to bet on increased earnings.
(2) Those who like to gamble on odds
YT prices can sometimes be very low, for example, if 1 TON earnings are only sold for 0.2 TON, betting right once can earn 4~5 times.
(3) Those skilled at capturing market sentiment
Seeing price fluctuations in the pool, quickly trading for arbitrage, earning a wave of liquidity opportunities and points.
(4) Those who do mid-term "buy-sell spreads"
Buy YT during expected rising periods, and sell to later buyers after sentiment heats up.
5. Summary: Is YT an opportunity or a trap?
YT is not an "airdrop ticket"; it is a tokenized expression of real earnings rights.
Because it does not guarantee earnings, has high volatility, and is low-priced, it presents a natural trading, speculation, and arbitrage space for experts.
The innovation of #FIVA lies in turning "earnings attribution" into a tradable asset.
You no longer need to stake assets to wait for earnings; instead, you can directly trade "future earnings rights."
For those willing to take risks and understand the logic, YT itself is one of the most interesting and direct Alpha channels in the crypto world.
@FivaProtocol, #FivaProtocol
~~~🔸Previous Review🔸~~~
~ The most noteworthy DeFi protocol in the Ton ecosystem, how to play FIVA?
~
~~~🔸Next Preview🔸~~~
We will focus on the gameplay of PT: "Tips for Coin Hoarders: How to Cash Out Future Earnings Early with FIVA?"
~~~🔸Experience Now🔸~~~
If you can't wait to experience #Fiva, you can:
(1) TG version:
(2) Web version:
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