If you hold the YT-thBill on Pendle you will be able to a x72 on your USDC on Arbitrum and also a 3.76 YT yield on your position. Let's try to calculate that based on the current @Theo_Network position. Estimate a 1000 USDC convertion to a Arbitrum based YT-thBILL. This would convert into 72.6K YT-thBill at 16.69% rate. We have seen a rate falling about 8% in the last 7 days, so the volatility for YT has to be accepted. We have still 31 days until 27th of November to get to maturity, but you can estimate that we will have already in about 2 weeks a much higher conversion from USDC to YT-thBill, which would mean if you buy in at the moment your position will decrease in value really fast. It means that you will need in compensation to calculate if the points you are getting are enough and if the YT yield can help to compensate a bit of your loss. A 3.76% YT yield will give you about 7.4 thBILL per day which would meant that you would have about 100 thBILL in 14 days. We can estimate also that your YT position will loose at that time at least 30-40% on value, so the 100thBILL could compensate for about 10% of your value. You can estimate additionally convertion fee's from USDC into YT and back for about 5% of the amount. It means that you will "buy" points with your YT position based on 20-30% of your deposited amount, which would convert into 200-300 USDC converted into points. But you have to remember, that you have farmed points in the value of 72.6K and payed for that an estimated amount of 2-300 USDC for the points. The question is, if these points from Theo for 2-300 USDC will convert into an airdrop larger than 2-300 USDC. At the end, that is something everyone has to decide on their own, if the risk to "buying" yourself into points is worth it or not.