In the cryptocurrency world, few people can earn a stable living from cryptocurrency trading. 1. The cryptocurrency market is highly volatile. 2. There's a gap in information and funding. Those who profit are early adopters and well-informed individuals. 3. Human nature is greedy and insatiable, which leads many to blindly leverage their profits after making them, leading to losses. @Almanak__'s alUSD is now available on Pendle. Let's break down how it works and how you can leverage your strategy to earn returns and accumulate more Almanak Points. Pendle allows you to trade the potential returns of alUSD, allowing the public to freely bet on the value of Points. alUSD = ERC-20 tokenized shares, representing a share of the Autonomous Liquidity USD vault (USDC). Now you can: → Earn Long Profit (YT) → Earn Short Profit (PT) → Provide Liquidity (LP) 1️⃣YT = Long Profit (Native APY + Points) If you believe the yield is worth more than the implied APY, buy YT. Gain exposure to 1 alUSD at a fraction of the cost. It's like built-in leverage, but without the liquidation risk. 2️⃣ (LP) Liquidity → LP = alUSD + PT → You earn trading fees when traders buy and sell YT and PT → No impermanent loss if held to maturity → Enjoy a 1.25x Almanak Point bonus (an additional 25%) 3️⃣ PT = Short Profit ✅ Fixed expiration date, fixed yield paid in USDC ✅ Locks in implied APY until market expiration (October 23rd) ❌ No Almanak Points earned on PT Summary: PT = Fixed APY, no points YT = Long Profit + 1.25x Points LP = Earn Fees + 1.25x Points Whether you're looking for a fixed APY, leveraged returns, or earning trading fees, there's a strategy for you here. #Almanak #CookieSnaps @cookiedotfuncn @cookiedotfun