Project introduction:
📌 Backed by MakerDAO (Sky ecosystem), TVL 3.55 billion, annual revenue 160 million, directly competing with the AAVE track.
📌 As the first cooperative project of #COOKIE , since we want to benchmark against InfoFi's leader, the first shot must be loud, otherwise, how can we attract more participation?
✍️ On Spark, depositing USDS has two modes: YT and LP.
The differences between the two modes:
The points given by LP are less risky but will not return to zero.
The points given by YT are aggressive, but there may be a risk of returning to zero upon expiration. Spend money to buy points.
See the image for details:
Spark deposit tutorial:
1, click to open app.spark.fi/points/WAE50H link.
Enter this page, link your wallet at the top right:
2, click the top right corner: Savings.
3, after entering, select the usds page.
4, scroll down and click Convert here to convert usdc to usds:
5, go back to the points page and click buy, enter pendle.
6, link your wallet on pendle, then create LP.
7, if you want to do YT, click: Go to Swap to buy YT with usds:
8, last night I tested and deposited 300 dollars of YT, it's been exactly 12 hours today, currently the points are 180,000, rank 873, not very competitive.
PS: YT points are aggressive, but please manage risks and prepare mentally.
